Lee Munder, former chairman and founder of Munder Capital Management of Birmingham, Mich., has launched a new firm, Lee Munder Capital Group of Boston.

Munder left Munder Capital Management, the investment advisory firm he founded in 1985, in January. Munder Capital is 88 percent owned by Comerica, a bank holding company in Detroit.

Munder was not available at press time for comment.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.