`It's been rather boring'; ABN AMRO merges its asset units to form one $18 billion manager.(ABN AMRO Asset Management (USA), Chicago Capital Management)(Brief Article)

Pensions & Investments, October, 2001 by Williamson, Christine

CHICAGO - ABN-AMRO NV, Amsterdam, is merging the operations of Chicago-based ABN AMRO Asset Management (USA) unit into Chicago Capital Management, which it acquired last year as part of Alleghany Asset Management, also of Chicago. The result is an $18 billion manager with a broad spectrum of investment capabilities and a parent company that ``does not interfere with its asset management unit.

We are just expected to meet our targets,'' said Stuart Bilton, president and chief executive officer of Alleghany Asset Management and Chicago Capital Management. Both names will be used for the foreseeable future for different products. All of the staff of Alleghany Asset will move across town Nov. 9 to Chicago Capital's offices. Some employees will continue to work...

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