MB Investment Partners will acquire Jamison Prince Asset Management, confirmed Ron Altman, senior managing director at MB Investments. Terms were not disclosed. Combined, the two New York-based money managers will have $1.6 billion in assets from institutional and high-net-worth clients. Michael Jamison, president and CEO of Jamison Prince, will become one of three managing partners at MB Investments, along with Robert Machinist and Mark Bloom. Jack Harris, managing director at Jamison Prince, will continue to run the firms large-cap equity strategies and research along with Mr. Jamison. The deal is expected to close before the end of the quarter, said Mr. Altman. MB Investment Partners is also the holding company for Boston-based Ironwood Investment Management. The acquisition was first reported Thursday afternoon on Pensions & Investments website, www.pionline.com.