Wells Fargo Asset Management on Oct. 1 closed its of AnalyticInvestors LLC, a $15 billion investment management firm based in Los Angeles.
Terms of the deal were not disclosed.
The firm is now a part of Wells Fargo & Co.'s global asset managementdivision, which had $481 billion in assets under management as of June 30.
Wells Fargo Securities was exclusive financial adviser forWells Fargo Asset Management in connection with the transaction, while Sullivan& Cromwell was its legal counsel.
Financial advisers Colchester Partners and Valores CapitalPartners assisted Analytic Investors, while Proskauer Rose was its legalcounsel.