Hennessy Advisors, Inc. Acquires the CCM Core Impact Equity Fund
NOVATO, Calif., Feb. 23, 2024 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ:HNNA) today announced that it has completed the acquisition of assets related to the management of the CCM Core Impact Equity Fund. As a result, the CCM Core Impact Equity Fund will be reorganized into an existing exchange-traded fund ("ETF") managed by Hennessy Advisors, Inc. This acquisition represents approximately $60 million in assets.
"We are grateful to the shareholders of the CCM Core Impact Equity Fund for their vote of confidence in Hennessy Funds," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc. "We are excited to have the opportunity to provide strong investment management and quality c
