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Posted on: Oct. 26, 2017, 3:01 p.m.
THL is committing $100 million to Hightower to support the firm's expansion. : (Bloomberg) --Thomas H. Lee Partners agreed to buy a stake in HighTower, betting on a wealth-management company that has been expanding with the purchase of investment-advisory firms. The private equity firm is acquiring a "significant" piece of the Chicago-based company, which oversees about $50 billion in client assets, HighTower’s chief executive, Elliot Weissbluth, said Wednesday. HighTower was advised by JPMorgan Chase & Co. on the deal and ... Full investment news articleRelevent to this post: Preqin Chicago Housing Authority,