Columbia Management Investment Advisers, LLC is a privately owned investment manager. The firm provides its services primarily to investment companies. It also caters to individuals, high net worth individuals, banking or thrift institutions, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and corporations. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm also launches and manages hedge funds for its clients. It invests in the public equity and fixed income markets across the globe. The firm was founded in 1972 and is based in Boston, Massachusetts with additional offices in Greenwood Village, Colorado, San Francisco, California, New York City; Menlo Park, California, El Segundo, California, Alpharetta, Georgia, Boston, Massachusetts, Princeton, New Jersey, San Clemente, California, and Cambridge, Massachusetts. Columbia Management Investment Advisers, LLC operates as a subsidiary of Ameriprise Financial, Inc.