NU Online News Service, Nov. 11, 2003, 9:17 a.m. EST – Milliman USA, Seattle, an actuarial consulting firm, has agreed to acquire Evaluation Associates, the consulting division of EAI Partners L.P., Norwalk, Conn.
Evaluation Associates is an investment consulting firm founded in 1976 that serves the institutional investment community.
Milliman says it will be buying Evaluation Associates through an asset sale. The price and other terms were not immediately available, but Milliman says EAI Partners will be keeping the Evaluation Associates Capital Markets multi-manager asset management unit.