Mr. Simmons, Adrianne Limjoco, vice president and marketing specialist, and Erika Haska, portfolio management specialist, will join the firm Sept. 30 when Baird takes over the direct management of fixed-income products it currently subadvises for Dearborn Partners. They will be based in Baird's Chicago offices.
Baird Advisors currently subadvises the Dearborn Partners Core Plus Fixed Income fund, Dearborn Partners Core Aggregate Fixed Income fund, Dearborn Partners Intermediate Government/Credit Fixed Income fund and Dearborn Partners Short-Term Fixed Income fund.
Calvin J. Pedersen, managing director, and Steve Hurlbert, director, will serve Baird Advisors as consultants while continuing in their current roles at Dearborn Partners.
A phone call to Mary Ellen Stanek, managing director and chief investment officer at Baird, was referred to spokeswoman Marianne Foster, who was not available by press time. Mr. Simmons and Ms. Haska did not return phone calls by press time.