Cincinnati-based Touchstone Advisors announced it has closed on its adoption of U.S. mutual funds managed by Palm Beach Gardens, Fla.-based DSM Capital Partners.

The DSM Large Cap Growth Fund was reorganized into the Touchstone Large Company Growth Fund, while the DSM Global Growth & Income Fund became the Touchstone Global Growth Fund.

"We are elated to join together with DSM to offer such accomplished strategies to Touchstone's advisors and shareholders," said Steven Graziano, president of Touchstone Investments, in a released statement. "DSM is perfectly reflective of the institutional investment boutiques, highly active strategies and demonstrated performance success that investors have come to expect from Touchstone sub-advisors and funds."

Touchstone gains approximately $202 million in assets under the arrangement, bringing its total AUM to $16 billion. The firm’s mutual fund lineup now includes 35 funds managed by Touchstone.

DSM will continue to sub-advise the funds, joining Touchstone’s slate of 18 institutional investment managers. The 10-person DSM investment team responsible for the two funds will continue on under Touchstone’s management.