Rhea-AI Summary
Easterly Asset Management completed its acquisition of Olstein's mutual fund business after shareholder approval on June 26, 2026. The deal adds $43.42 million AUM to the Easterly Snow Small Cap Value Fund and $465.28 million AUM to the new Easterly Snow All Cap Value Fund (SNVIX, SNVAX, SNVCX).
The Easterly Snow team, led by CIO Joshua Schachter, continues its 28-year All Cap Value strategy. Former Olstein executives Eric Heyman and Mark Zichelli join Easterly to support client service, sales, and continuity for shareholders.
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