Easterly Asset Management Expands Tax-Efficient Solutions with Acquisition of Former Invesco and OppenheimerFunds Rochester Municipal Bond Team

BEVERLY, Mass.--(BUSINESS WIRE)--Easterly Asset Management (“Easterly”), a multi-affiliate asset manager of high-performing boutique investment teams, today announced an agreement to acquire the Municipal Bond team, formerly of Invesco and OppenheimerFunds Rochester, from Principal Street Partners. The acquisition will expand Easterly’s tax-aware fixed income solutions and expertise by adding the PSP High Income Municipal Bond Mutual Fund and PSP Short Term Municipal Fund to its lineup as Easte