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In July 2008, the firm agreed to sell a majority equity interest to Affiliated Managers Group ("AMG"). The transaction is scheduled to close in November 2008, after which time the existing management of the firm will continue to hold a substantial portion of the equity and will continue to direct its operations. Click here for more information. Click here to review a copy of the Proxy Statement.

In the May-June 2008 issue of CFA Magazine, analyst Andrew West discusses the role of ethics in the investment industry. Click here for more information.