trending Market Intelligence /marketintelligence/en/news-insights/trending/dZJC1obRcMr2VB78VqZesw2 content esgSubNav
In This List

Eaton Vance completes Calvert Investment Management buyout

Video

According to Market Intelligence, February 2023

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks


Eaton Vance completes Calvert Investment Management buyout

Eaton Vance Corp. announced the completion of the acquisition of substantially all the business assets of Calvert Investment Management Inc. by Calvert Research and Management, a newly formed subsidiary of Eaton Vance.

Terms of the transaction were not disclosed.

In conjunction with the acquisition, the boards of trustees and shareholders of Calvert mutual funds approved investment advisory agreements with Calvert Research and Management. Also, Calvert Investment Management President and CEO John Streur will join Calvert Research and Management in the same role.

Calvert Investment Management, an indirect subsidiary of Ameritas Holding Co., had $12.1 billion of fund and separate account assets under management as of Oct. 31.