Affiliated Managers Group Inc Stock Price, News & Analysis

AMG (NYSE:AMG) has announced a strategic partnership with Montefiore Investment, a leading European private equity firm managing €5 billion in assets. The agreement involves AMG acquiring a minority equity stake in Montefiore, while the latter's management retains majority ownership and operational independence.

Founded in 2005, Montefiore specializes in small- and mid-cap companies in the services sector, with offices in Paris, Milan, and Madrid. The firm, led by co-founders Éric Bismuth and Daniel Elalouf, has built a strong 20-year track record through six generations of flagship funds and two complementary strategies.

The partnership aims to provide Montefiore with capital for expanding capabilities while allowing AMG to diversify its business and increase its presence in global private markets. The transaction is expected to close in the second half of 2025.

AMG (NYSE: AMG) has scheduled its second quarter 2025 financial results announcement for Thursday, July 31, 2025. The company will host a conference call at 11:00 a.m. Eastern time to discuss the results and potential future outlook.

The call will be led by CEO Jay C. Horgen, President and COO Thomas M. Wojcik, and CFO Dava E. Ritchea. Investors can access the call via U.S. dial-in (1-877-407-8291) or international dial-in (1-201-689-8345). A replay will be available through both phone and the company's website at ir.amg.com.

AMG has appointed Thomas M. Wojcik as President while continuing his role as Chief Operating Officer, effective June 3, 2025. Jay C. Horgen will remain as CEO after previously holding both President and CEO positions. Wojcik, who joined AMG in 2019, served as CFO from 2019-2024 before becoming COO in 2024. Under his tenure, AMG has significantly expanded its presence in private markets and liquid alternative strategies, which now represent 50% of earnings. Prior to AMG, Wojcik held leadership positions at BlackRock, including Global Head of Corporate Development and Investor Relations, and CFO for EMEA region. His appointment reflects his instrumental role in developing and executing AMG's growth strategy.

AMG reported its Q1 2025 financial results with Economic EPS of $5.20 and regular EPS of $2.20. The company saw strong net client cash inflows of $14 billion in alternatives, driven by both liquid alternatives and private markets. Total AUM reached $712.2 billion, up from $699.4 billion year-over-year. AMG announced three new strategic partnerships: Verition Fund Management, Qualitas Energy, and NorthBridge Partners, enhancing its exposure to alternatives and secular growth areas. The company demonstrated strong capital management by repurchasing $173 million in common stock and declared a quarterly dividend of $0.01 per share. However, aggregate fees decreased to $1,270.4 million from $1,471.6 million in the previous year.

AMG has announced a strategic partnership with Qualitas Energy, agreeing to acquire a minority equity stake in the renewable energy-focused infrastructure manager. Qualitas Energy, founded in 2006, manages over €3.5 billion in AUM and has raised approximately €5 billion across six funds, focusing on investments in solar, wind, batteries, storage, hydroelectric power, and renewable natural gas.

The management team at Qualitas Energy, led by Executive Chairman Iñigo Olaguíbel and CEO Oscar Pérez, will maintain majority ownership and operational independence while making long-term commitments to the business. The partnership aims to expand AMG's presence in private markets and alternatives, with the transaction expected to close in Q4 2025.

AMG has announced the sale of its minority stake in Peppertree Capital Management to TPG Inc. for approximately $240 million. Peppertree, founded in 2004 by Ryan Lepene and Howard Mandel, specializes in digital infrastructure investments, particularly wireless communications towers. The transaction marks the successful conclusion of AMG's strategic partnership with Peppertree, during which AMG provided capital formation and strategic support to enhance Peppertree's growth. The deal is expected to close in Q3 2025, subject to customary closing conditions.

AMG (NYSE: AMG) has scheduled the release of its first quarter 2025 financial results for Thursday, May 8, 2025, before market opening. The company will host a conference call at 12:00 p.m. Eastern time on the same day to discuss the quarterly results and potential management expectations for future performance.

The call will be hosted by key executives including Jay C. Horgen (President and CEO), Thomas M. Wojcik (COO), and Dava E. Ritchea (CFO). Interested parties can join via phone using 1-877-407-8291 (U.S.) or 1-201-689-8345 (non-U.S.). A replay will be available shortly after the call, accessible through the company's website or by dialing 1-877-660-6853 (U.S.) or 1-201-612-7415 (non-U.S.) with conference ID 13753083.

AMG has announced a strategic partnership to acquire a minority equity stake in Verition Fund Management, a global multi-strategy investment firm managing $12.6 billion in assets. The transaction is expected to close in Q2 2025.

Verition's management, led by Co-Founders Nicholas Maounis and Josh Goldstein, will retain majority ownership and operational control. Both co-founders have committed to long-term agreements with the firm. The management team will make additional investments in the firm's fund to maintain alignment with investors.

Founded in 2008, Verition operates with approximately 150 portfolio management teams, focusing on uncorrelated strategies. The firm has built its reputation on consistent returns with volatility, serving institutional investors globally.

AMG reported strong financial results for Q4 and full-year 2024, with Economic EPS reaching $6.53 and $21.36 respectively. The company achieved a 10% full-year Economic Earnings growth, driven by strategic evolution and disciplined capital allocation. Assets Under Management (AUM) increased to $707.9 billion by year-end.

Key highlights include a new partnership with NorthBridge Partners, specializing in industrial logistics real estate, and private markets Affiliates raising approximately $24 billion during the year. The company demonstrated strong shareholder returns through $700 million in share repurchases, representing about 13% of outstanding shares.

Financial metrics show net income (controlling interest) of $511.6 million for 2024, with Adjusted EBITDA reaching $973.1 million. The company announced a Q4 cash dividend of $0.01 per share, payable March 4, 2025.