- CEO
- Dava Elaine Ritchea
- Full Time Employees
- 4,100
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 777 South Flagler Drive West Palm Beach FL United States of America 33401
- IPO Date
- Nov 21, 1997
- Business
- Affiliated Managers Group, Inc. (NYSE: AMG) operates as a global asset management company that partners with and invests in leading independent investment management firms, known as Affiliates, which manage approximately $804 billion in assets under management as of September 30, 2025. Founded in December 1993 by William J. Nutt and headquartered in West Palm Beach, Florida, with principal offices in Prides Crossing, Massachusetts; Stamford, Connecticut; and London, United Kingdom, the company provides strategic support including growth capital, global distribution through its U.S. wealth platform and institutional platform, operational enhancements, product development, and succession planning solutions to its approximately 40 Affiliates. These Affiliates offer a diversified array of over 500 investment strategies across liquid alternatives, private markets, multi-asset solutions, and differentiated equity strategies; serving mutual funds, institutional clients, high-net-worth individuals, retail investors, retirement plans, and intermediaries such as independent advisors, broker-dealers, and bank trust departments worldwide in the United States, Europe, Asia, the Middle East, and Australia.
Affiliated Managers Group maintains a decentralized model where Affiliates retain operational autonomy, significant equity ownership, and entrepreneurial cultures to generate differentiated long-term returns for clients. The company supports Affiliates' expansion into secular growth areas through its global distribution capabilities, which extend reach into key markets including the U.S. wealth marketplace for financial advisors and institutional channels abroad. AMG's diversified exposure spans asset classes like private equity, real assets, private credit, global and emerging markets equities, quantitative strategies, sustainable investing, and relative value approaches.
Recent strategic initiatives include new partnerships in 2025 with NorthBridge Partners, Verition Fund Management, Qualitas Energy, and Montefiore Investment, expected to add nearly $24 billion to assets under management in private markets and liquid alternatives; a partnership with Brown Brothers Harriman in October 2025 to distribute structured and alternative credit strategies to the U.S. wealth channel; and divestitures such as the November 2025 sale of its interest in Comvest Partners' private credit business for $285 million to reallocate capital toward high-growth opportunities. Over the past two years, AMG acquired minority stakes in Suma Capital, Ara Partners, and Forbion Group Holding B.V., enhancing its private markets presence, while Affiliates reported net client cash inflows of approximately $9 billion in the third quarter of 2025. The company continues to execute share repurchases, targeting at least $500 million in 2025, supported by strong liquidity and a pivot toward alternative strategies amid market challenges.