William Blair's Value Discovery Fund, with $150 million in assets...

William Blair’s Value Discovery Fund, with $150 million in assets, will be closed to new investors March 28. The strategy also will close for new separate account investors, Marco Hanig, president of the mutual fund family, said in a statement. The firm’s small-cap value portfolio management team — Glen Kleczka, Dave Mitchell and Cappy Price — manages almost $1 billion in assets.