Brookfield-based JB Investment Management merged with RMB Capital of Chicago.
JB Investment Management is a fixed income-focused asset management firm. As of the end of June, according to a news release, it managed an estimated $550 million in assets. The firm is now a division of RMB Asset Management. Terms of the transaction were not disclosed.
The JB team will continue to manage its portfolios from its Brookfield office, the release says. The firm manages core fixed income strategies for…
