Aristotle Completes Acquisition of Pacific Asset Management from Pacific Life
Rebrands acquired firm to Aristotle Pacific Capital, LLC
Reorganizes Certain Pacific Funds into new Aristotle Funds
LOS ANGELES, CA and NEWPORT BEACH, CA – APRIL 17, 2023 – Aristotle Capital Management, LLC (“Aristotle”) today announced it has completed the acquisition of Pacific Asset Management LLC, a leader in liquid credit investments, from Pacific Life Insurance Company (“Pacific Life”). Pacific Asset Management has officially been rebranded to Aristotle Pacific Capital, LLC (“Aristotle Pacific”) and currently manages over $20 billion in assets.
Aristotle Pacific will maintain its investment team and will continue to be led by Dominic Nolan, CFA, Chief Executive Officer, ensuring continuity of investment management expertise and nurturing the trusted connections they have built servicing their clients.
In addition, Aristotle further announces the reorganization of certain funds of Pacific Funds, Pacific Life’s publicly offered mutual fund complex, into new Aristotle Funds, following approval by shareholders of such certain Pacific Funds. A newly formed Aristotle affiliate, Aristotle Investment Services, LLC, will serve as the Advisor and Administrator to the new Aristotle Funds.