The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:AMG Bets On a $24B-AUM Shop Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, November 23, 2020

AMG Bets On a $24B-AUM Shop

Reported by Neil Anderson, Managing Editor

Jay Horgen and his team are betting on a growth equity mutual fund firm.

Jay C. Horgen
Affiliated Managers Group
President, CEO
On Friday, Horen, president and CEO of AMG, confirmed that the West Palm Beach, Florida-based firm recently bought a minority stake in San Francisco-based Jackson Square. AMG bought the stake held by Macquarie Investment Management, and Jackson Square's own partners will still own a majority of their firm.

The pricing and terms of the deal were not disclosed.

Jackson Square launched in 2014, though its original team spent more than 20 years together prior to that. The firm now has about $24 billion in AUM. Its leadership team includes: Kevin Brown, managing partner; Debbie Sabo, head of trading; Van Tran, chief financial officer; and Jeff Van Harte, chairman and chief investment officer.

Horgen notes that the AMG team has known the core Jackson Square team for more than 15 years. He lauds them for having an "investment-centric culture and focus on concentrated strategies."

Van Harte, for his part, puts the AMG deal in the context of the Jackson Square team's "entrepreneurial culture of debate and collaboration." 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use