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Affiliated Managers Group Inc - AMG STOCK NEWS

Welcome to our dedicated page for Affiliated Managers Group news (Ticker: AMG), a resource for investors and traders seeking the latest updates and insights on Affiliated Managers Group stock.

Affiliated Managers Group Inc (NYSE: AMG) is a global leader in partnership-driven asset management, providing strategic support to independent investment firms. This page serves as the definitive source for AMG news, offering investors and professionals timely access to official press releases, regulatory filings, and market-moving developments.

Track critical updates including quarterly earnings reports, strategic affiliate partnerships, capital allocation decisions, and leadership announcements. Our curated feed ensures you stay informed about AMG's unique business model connecting boutique investment managers with institutional and retail investors worldwide.

Key content categories include executive communications, SEC filings analysis, portfolio company milestones, and industry recognition updates. All materials are sourced directly from AMG's investor relations team and regulatory disclosures to ensure accuracy.

Bookmark this page for streamlined access to AMG's evolving position in global asset management. Check regularly for insights into how the company supports its network of boutique firms through market cycles while maintaining their operational independence.

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AMG reported third-quarter EPS of $5.48 and Economic EPS of $4.08. The company completed investments in Ara Partners and Forbion. Net income (controlling interest) was $217 million, including a $100 million gain on the Veritable transaction. AMG repurchased $172 million in common stock, bringing total year-to-date share repurchases to $441 million.
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AMG (NYSE: AMG) will report financial and operating results for the third quarter ended September 30, 2023 on Monday, November 6, 2023. A conference call will be held at 8:30 a.m. Eastern time on the same day. Jay C. Horgen, President and Chief Executive Officer, and Thomas M. Wojcik, Chief Financial Officer, will host the session.
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Pantheon, a leading global private markets investor, has opened offices in Singapore and Geneva to expand its presence in the private wealth channel. The firm's private wealth platform manages $5.8bn in assets under management and offers a range of evergreen fund solutions. The Singapore office will serve as a hub for activities in Southeast Asia and the wider Asia-Pacific region, while the Geneva office will extend Pantheon's presence in Continental Europe.
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AMG has acquired the minority equity interest in Ara Partners previously held by Capital Constellation. This partnership enhances AMG's exposure to private markets and sustainable investing. Ara Partners will leverage AMG's strategic capabilities to enhance business development and growth initiatives.
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Pantheon announces the launch of the AMG Pantheon Credit Solutions Fund (PSECC), the first private credit secondaries-focused investment strategy for the US private wealth market. The fund aims to generate strong, risk-adjusted total returns and an attractive income stream by building a diversified portfolio of high-quality private credit investments. Pantheon's expertise in private credit secondaries will be leveraged to acquire performing private credit at discounted pricing.
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AMG appoints Loren M. Starr to its Board of Directors
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Affiliated Managers Group, Inc. (NYSE: AMG) has completed its investment in Forbion Group Holding B.V., a leading pan-European venture capital and growth equity firm focused on investing in high-quality life sciences companies. Forbion has approximately €3 billion in assets under management and provides capital and expertise to enable the development of new therapeutics. The terms of the transaction were not disclosed.
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AMG (Affiliated Managers Group, Inc.) reported an EPS of $3.25 and an Economic EPS of $4.45 in Q2 2023. They also announced a partnership with Forbion, a leading European life sciences venture capital and growth equity firm. The Net Income was $125 million, with an Economic Net Income of $167 million. They completed a $225 million accelerated share repurchase program and repurchased an additional $44 million of common stock. Gross proceeds of approximately $294 million will be received upon the closing of the Veritable transaction.
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Affiliated Managers Group, Inc. (NYSE: AMG) will report Q2 financial and operating results on July 26, 2023, followed by a conference call at 8:30 a.m. Eastern time. The call will discuss future expectations. President Jay C. Horgen and CFO Thomas M. Wojcik will host. Replay available. Access via AMG’s website. For more information, visit www.amg.com.
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AMG - Pathstone Announces Acquisition of Veritable, Adding $17 Billion in Assets and Strengthening Position in UHNW Advisory Business
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