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BUSINESS
July 6, 2001 | Times Staff and Bloomberg News
Merrill Lynch & Co. said it is selling part of its Los Angeles mutual fund unit, formerly known as Hotchkis & Wiley, to company executives and breaking up the rest of it. The Los Angeles unit had been on the market at least since last month, when portfolio manager Sarah Ketterer and two others from the office's international investing team left to launch their firm, Causeway Capital Management. The Ketterer team managed about $3 billion at Merrill. The brokerage said it will sell the office's U.
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BUSINESS
July 6, 2001 | Times Staff and Bloomberg News
Merrill Lynch & Co. said it is selling part of its Los Angeles mutual fund unit, formerly known as Hotchkis & Wiley, to company executives and breaking up the rest of it. The Los Angeles unit had been on the market at least since last month, when portfolio manager Sarah Ketterer and two others from the office's international investing team left to launch their firm, Causeway Capital Management. The Ketterer team managed about $3 billion at Merrill. The brokerage said it will sell the office's U.
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BUSINESS
May 7, 1996 | Times Staff and Wire Reports
Hotchkis & Wiley Said to Be in Talks With Merrill Lynch: The Los Angeles-based money management firm, which manages $9.7 billion, is in talks to be acquired by Merrill Lynch & Co., an industry newsletter reported. Neither firm would confirm the report, which said the talks are in very early stages and could fall apart. Hotchkis & Wiley was founded in 1980 by John F. Hotchkis and George Wiley.
BUSINESS
May 7, 1996 | Times Staff and Wire Reports
Hotchkis & Wiley Said to Be in Talks With Merrill Lynch: The Los Angeles-based money management firm, which manages $9.7 billion, is in talks to be acquired by Merrill Lynch & Co., an industry newsletter reported. Neither firm would confirm the report, which said the talks are in very early stages and could fall apart. Hotchkis & Wiley was founded in 1980 by John F. Hotchkis and George Wiley.
BUSINESS
June 8, 2001 | JOSH FRIEDMAN, TIMES STAFF WRITER
A team of high-profile money managers is defecting from Merrill Lynch & Co.'s Los Angeles-based unit formerly known as Hotchkis & Wiley, the company confirmed Thursday. Sarah Ketterer, Harry Hartford and James Doyle, who manage the $1.4-billion Mercury HW International Value fund and a total of $3.2 billion, including institutional assets, have resigned, Merrill spokeswoman Christine Walton said.
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