AMG Acquires Minority Stake In Verition Fund Management, Expanding Alternative Investment Strategies

Benzinga · 6d ago
- AMG to acquire a minority equity interest in Verition, a global multi-strategy investment firm with $12.6 billion in AUM
- Verition's management will retain a substantial majority of the firm's equity and continue to lead Verition as an independent firm, in line with AMG's partnership approach
- Partnership further diversifies AMG's business and increases its exposure to alternative strategies
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