John Jerry Inskeep, co-founder of Columbia Management, is dead

John Jerry Inskeep Jr., co-founder of Columbia Management Co., the first mutual fund firm in Oregon, died Aug. 16. He was 78. He and business partner Jim Rippey established Columbia Management in 1967 in Portland, according to a report by The Oregonian. The firm was among the first “no-load” growth fund firms, according to the report. Columbia Management's assets grew to $22 billion before the firm was sold to Fleet Financial Group of Boston in 1997. Boston-based Columbia Management Group LLC is now the investment management arm of Bank of America Corp. of Charlotte, N.C. and ran roughly $330 billion in total assets at the end of June.