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William Blair & Company launches Small-Mid Cap Value Fund

William Blair & Company, a Illinois-based investment banking and asset management firm, has launched Small-Mid Cap Value Fund.

The fund, to be managed by portfolio managers Chad Kilmer, Mark Leslie, and David Mitchell, seeks long-term capital appreciation by investing in a diversified portfolio of equity securities of small- and mid-cap companies.

Prior to managing the newly launched fund, Kilmer, Leslie, and Mitchell have also managed William Blair Small Cap Value Fund, the William Blair Mid Cap Value Fund and the Small Cap and Mid Cap Value institutional separate accounts.

William Blair head of investment management and a member of the firm’s executive committee Michelle Seitz said that the company has a long and distinguished history of investing in high-quality growth equities on a global basis.

"This is an opportunity for clients to capitalize on the more than 56 years of combined investment industry experience of our Value Team, as well as to diversify their portfolios with small- and mid-cap value stocks," added Seitz.