Key Milestones Since 2003
2006 was marked by:
- The acquisition of a majority interest in Metropolitan West Capital Management, LLC, an asset management firm noted for its intrinsic value strategies.
- Evergreen also launches Wachovia Global Asset Management, the brand name under which Evergreen sells and distributes investment products outside the United States.
- Due to Wachovia Corporation’s May 2006 acquisition of Golden West Financial, a proposal was submitted to merge Golden West’s Atlas mutual funds with corresponding Evergreen Funds.
2007 was marked by:
- The Atlas funds were successfully merged to corresponding Evergreen Funds by the end of May 2007.
- Evergreen acquires majority interest in European Credit Management Limited (ECM), a London-based provider of European credit absolute return solutions.
- SEC announced settlement with Evergreen investments over market timing violations.
Read more about this topic: Evergreen Investments
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