Carret and Co. acquired Manchester Capital, which manages about $335...

Carret and Co. acquired Manchester Capital, which manages about $335 million for institutional investors and high-net-worth individuals in active domestic equities. Terms were not disclosed. Carret manages about $1.65 billion in domestic and global active equity and fixed-income and balanced portfolios, said W. Denman Zirkle, Carret CEO. Wayne S. Reisner, Manchester president and CEO, and other principals will join Carret.