MutualFundWire.com: Another Fund Firm Turns to a Midwestern Distributor
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Tuesday, May 5, 2009

Another Fund Firm Turns to a Midwestern Distributor


Beacon Hill Fund Services will handle distribution for another open-ended mutual fund firm. On Tuesday the Columbus, Ohio-based fund support firm unveiled its hiring by Diamond Hill Funds, which manages about $2.5 billion.

James Laird, president of Diamond Hill Funds and CFO of Diamond Hill Capital Management, praised Beacon Hill for its "specific industry expertise" and "size, flexibility and creative talent."


Company Press Release

COLUMBUS, Ohio, May 5 /PRNewswire/ -- Beacon Hill Fund Services, Inc. is pleased to announce they have been selected by Diamond Hill Funds to provide Principal Underwriter and Distribution services to the Funds. Diamond Hill Funds is an open-end mutual fund complex consisting of seven investment portfolios with approximately $2.5 billion in assets under management. "Beacon Hill represents a company with the specific industry expertise that we look for in a partner, as well as an organization with the size, flexibility, and creative talent of an entrepreneurial organization much like our own firm," said James Laird, President of the Diamond Hill Funds and Chief Financial Officer of Diamond Hill Capital Management, the Fund's investment advisor. Beacon Hill is a provider of management and support services to the investment management industry and its regulated investment company products. Beacon Hill specializes in serving as the Principal Underwriter and Distributor; providing experienced industry personnel to serve as Fund Chief Compliance Officer and Chief Financial Officer (CFO/Treasurer); and business management, compliance, and regulatory oversight for regulated investment company products (mutual funds, registered hedge funds and exchange traded funds).


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