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. (AMG) is a New York Stock Exchange–listed company in the finance and insurance sector that describes itself as a strategic partner to leading independent investment management firms globally. The AMG news feed on Stock Titan aggregates company-issued press releases, earnings announcements, and other public disclosures that shed light on its partnerships, assets under management, and capital decisions.
AMG’s recent news has focused on quarterly financial and operating results, including diluted earnings per share, Economic earnings per share, net client cash flows, and changes in assets under management. These releases are accompanied by detailed financial tables and conference call information, giving investors insight into performance trends across private markets, liquid alternatives, and differentiated long-only strategies.
The company also issues news about strategic collaborations and transactions. Examples from 2025 include a definitive agreement to acquire a minority equity interest in Montefiore Investment, a European private equity firm focused on the services sector, and a strategic collaboration with Brown Brothers Harriman’s BBH Credit Partners to expand structured and alternative credit solutions in the U.S. wealth marketplace. AMG has additionally reported on transactions involving existing Affiliates, such as the sale of its interest in Comvest Partners’ private credit business as part of an acquisition by Manulife Financial Corporation.
Other news items cover capital structure and governance developments, including the issuance of 5.500% Senior Notes due 2036, the planned redemption of 5.15% Convertible Trust Preferred Securities due 2037, share repurchases, quarterly dividends, and changes to the Board of Directors. For investors tracking AMG (NYSE: AMG), this news page offers a single location to review earnings releases, partnership announcements, financing activities, and board updates over time.
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.
AMG has acquired a minority equity stake in NorthBridge Partners, a real estate investment manager specializing in industrial logistics assets. NorthBridge manages approximately $2 billion in assets, focusing on last-mile logistics properties in major markets.
Led by partners Greg Lauze, Dean Atkins, and David Aisner, NorthBridge operates in a high-growth sector driven by e-commerce growth, increasing demand for shorter delivery times, and supply chain onshoring. The partnership aims to leverage AMG's strategic capabilities while maintaining NorthBridge's independence and majority ownership.
This strategic move broadens AMG's participation in private markets and aligns with their focus on investing in secular growth areas. The financial terms of the transaction were not disclosed.
AMG (NYSE: AMG) has announced it will release its fourth-quarter and full-year 2024 financial and operating results on Thursday, February 6, 2025. The company will host a conference call at 8:30 a.m. Eastern time on the same day.
The call will be hosted by Jay C. Horgen (President and CEO), Thomas M. Wojcik (COO), and Dava E. Ritchea (CFO). The discussion may include management's expectations of future financial and operating results.
Interested parties can dial 1-877-407-8291 (U.S.) or 1-201-689-8345 (non-U.S.) to participate. A replay will be available at 1-877-660-6853 (U.S.) or 1-201-612-7415 (non-U.S.) using conference ID 13750674. The live call and replay can also be accessed via AMG's website at https://ir.amg.com/.
Pantheon has filed for registration of the AMG Pantheon Infrastructure Fund (P-BUILD), an evergreen fund offering private wealth investors access to infrastructure secondaries investments. The fund will be structured as a registered interval fund, focusing on sectors including power, utilities, transport, logistics, and digital infrastructure.
P-BUILD aims to combine infrastructure investment benefits with secondaries advantages, potentially offering capital appreciation, yield, lower volatility, and portfolio diversification. The fund leverages Pantheon's expertise in infrastructure secondaries, with the firm managing $21.4bn in infrastructure assets and recently raising $5.3bn in its largest infrastructure program.
This launch represents Pantheon's third US private wealth vehicle, alongside the AMG Pantheon Fund (P-PEXX) with $4.5bn in assets and the AMG Pantheon Credit Solutions Fund (P-SECC).
AMG, a strategic partner to leading independent investment management firms globally, has announced its participation in the upcoming Goldman Sachs Financial Services Conference. Jay C. Horgen, Chief Executive Officer, and Dava E. Ritchea, Chief Financial Officer, will be speaking at the event on Tuesday, December 10, 2024, at 12:20 p.m. ET.
The presentation will be accessible through a live audio webcast on AMG's website at https://ir.amg.com/. For those unable to attend, a replay of the webcast will be made available on the company's website following the event.
AMG reported strong Q3 2024 financial results with Economic Earnings per share of $4.82, showing an 18% year-over-year increase. The company achieved Net income of $124 million and Economic Net Income of $153 million. Alternative strategies significantly contributed to earnings, with dedicated private markets Affiliates raising approximately $7 billion in the quarter. The company repurchased $103 million in common stock during Q3, bringing year-to-date repurchases to $580 million. AMG also issued $400 million in senior notes, extending average debt duration to over 20 years.
AMG (NYSE: AMG) has announced it will release its third quarter 2024 financial and operating results on Monday, November 4, 2024. The company will host a conference call at 8:30 a.m. Eastern time, led by CEO Jay C. Horgen, COO Thomas M. Wojcik, and CFO Dava E. Ritchea. The call will discuss quarterly results and potential future financial and operating expectations. Interested parties can join via phone or access the live call and replay through AMG's website at https://ir.amg.com/.