AMG Announces Investment in Ivory Investment Management
Founded in 1998, Ivory is a leading investment firm with a 17-year
history of alpha generation through a research-intensive, fundamental
value-based approach. As of
“With a long-term track record of generating exceptional risk-adjusted
returns, Ivory is regarded as one of the industry’s premier long/short
equity managers,” said
“Given AMG’s unparalleled track record of successful partnerships with boutique alternative investment firms around the world, we are excited to join its impressive group of Affiliates,” said Mr. Macnguyen. “AMG is the ideal partner for Ivory, allowing for the preservation of our firm’s entrepreneurial culture and our focus on providing clients with strong absolute returns.”
As part of the transaction, Ivory’s senior partners have agreed to
long-term commitments with the firm. The transaction is expected to
close by
About AMG
AMG is a global asset management company with equity investments in
leading boutique investment management firms. AMG’s innovative
partnership approach allows each Affiliate’s management team to own
significant equity in their firm while maintaining operational autonomy.
AMG’s strategy is to generate growth through the internal growth of
existing Affiliates, as well as through investments in new Affiliates.
In addition, AMG provides centralized assistance to its Affiliates in
strategic matters, marketing, distribution, product development and
operations. As of
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal securities
laws. These statements include, but are not limited to, statements
related to our expectations regarding the performance of our business,
our financial results, our liquidity and capital resources and other
non-historical statements. You can identify these forward-looking
statements by the use of words such as “outlook,” “guidance,”
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words or other comparable words. Actual results and the timing of
certain events could differ materially from those projected in or
contemplated by the forward-looking statements due to a number of
factors, including changes in the securities or financial markets or in
general economic conditions, the availability of equity and debt
financing, competition for acquisitions of interests in investment
management firms, the ability to close pending investments, the
investment performance and growth rates of our Affiliates and their
ability to effectively market their investment strategies, the mix of
Affiliate contributions to our earnings and other risks, uncertainties
and assumptions, including those described under the section entitled
“Risk Factors” in our Annual Report on Form 10-K for the year ended
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Source:
AMG
Investor and Media Relations:
Alexandra Lynn
Selene
Oh
(617) 747-3300
ir@amg.com
pr@amg.com
or
Ivory
Investment Management
Media Relations:
Craig Pollak
(212)
317-6631
cpollak@ivorycapital.com