Mergers & Acquisitions / Joint Ventures

William Blair takes stake in Guidance Capital


As part of a trend that seems to be gathering momentum, William Blair & Company has bought a stake in Guidance Capital. The fund of funds, which was founded in 2001 and has offices in Chicago and Delaware, manages a series of hedge fund of funds that fall under the broad categories of absolute return, equity long/short, commodities and managed futures strategies.

The team of investment professionals, currently located in Chicago, will relocate to William Blair’s Chicago headquarters and will maintain its existing, independent, time-tested research and investment processes. William Blair & Company, which has a $44 billion