Affiliated Managers Group
Affiliated Managers Group (AMG) is a global asset management company with a 30-year track record, managing approximately $700 billion in assets across over 35 affiliates and more than 500 strategies.
Company History
Affiliated Managers Group (AMG) has a 30-year track record, celebrating its three-decade milestone in 2023. The company launched its U.S. wealth distribution platform in 1997, and in 2004, expanded into liquid alternatives with its initial investment in AQR Capital Management. By 2007, AMG had launched its global institutional distribution platform with an office in Sydney, Australia. In 2010, AMG enhanced its participation in alternative investments through a partnership with Pantheon and later collaborated with Pantheon in 2015 to offer private equity investment opportunities in the U.S. In 2023, AMG invested in two new affiliates focusing on private markets, emphasizing its commitment to growth and sustainable investing.
Assets Under Management
As of March 31, 2024, Affiliated Managers Group manages approximately $700 billion in assets under management (AUM). The company operates through over 35 affiliates, collectively managing more than 500 investment strategies. AMG provides these affiliates with strategic, business development, operational, and capital support to enhance their autonomy and growth. More than 10% of AMG affiliates' aggregate AUM is dedicated to sustainable investing as of December 31, 2023.
Global Offices and Reach
Affiliated Managers Group operates a network of global offices located in Boston, Stamford, West Palm Beach, London, Tokyo, Sydney, and Dubai. The company’s global institutional distribution platform helps extend the reach of its affiliates' business development efforts. AMG launched this platform with an office in Sydney in 2007, demonstrating its commitment to global expansion and market penetration.
Affiliates and Partnerships
AMG works with over 35 affiliates offering more than 500 strategies. Notable partnerships include AQR Capital Management (2004), Pantheon (2010), Systematica Investments (2016), and Garda Capital Partners (2019). In 2021, AMG invested in four new affiliates, including Parnassus Investments, to enhance its participation in private markets and sustainable investing. These partnerships reflect AMG's strategic focus on growth areas within private markets and investment solutions.
Sustainable and Ethical Practices
Affiliated Managers Group emphasizes sound corporate citizenship and governance principles as key elements of its business model. The company commits to integrity, local community contribution, enhancing diversity, equity, and inclusion, and being stewards of natural resources. AMG collaborates with affiliates to improve their sustainable corporate and investment practices, and over 10% of AMG affiliates’ AUM is dedicated to sustainable investing as of December 31, 2023. The company also established The Sean M. Healey & AMG Center for ALS at Massachusetts General Hospital as a cornerstone donor in 2018.