DLJ Asset Management Group acquired Brundage, Story & Rose's...

DLJ Asset Management Group acquired Brundage, Story & Rose’s fixed-income unit; terms were not disclosed. Brundage manages about $3.3 billion in core investment grade and non-dollar fixed-income assets for institutional investors. After the closing in late September, Brundage principals H. Dean Benner and Deborah C. Ford, along with the firm’s team of 13 investment professionals, will move to DLJ.