AMG Announces Strategic Relationship with iCapital® Network
- Enhances AMG Affiliates’ access to technology-enabled distribution of alternative investment strategies
- Illustrates AMG’s commitment to investing in the growth of its Affiliates, in areas of current and future client demand
The investment is part of a broader strategic partnership in which AMG and its Affiliates, leading independent boutique asset management and wealth management firms, will utilize iCapital’s proprietary technology in the administration of private market vehicles and enhance high net worth clients’ access to alternative investment strategies.
iCapital’s alternative investment platform offers financial advisors and their clients an end-to-end technology solution that fully automates the unique subscription, administration, and reporting processes of alternative investments. In addition, the company enables asset managers to leverage iCapital’s technology-enabled services to streamline and scale the operational infrastructure of their alternative investments and access the multi-trillion-dollar retail marketplace.
AMG remains committed to allocating resources to growth opportunities for its Affiliates, and expects a number of its alternative and wealth management Affiliates to leverage iCapital’s platform over time, joining Pantheon, an existing iCapital client.
AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG’s strategy is to generate long-term value by investing in leading independent active investment managers, through a proven partnership approach, and allocating resources across the Company's unique opportunity set to the areas of highest growth and return. AMG’s innovative partnership approach allows each Affiliate’s management team to own significant equity in their firm while maintaining operational autonomy. In addition, AMG provides centralized assistance to its Affiliates on strategy, marketing, distribution, and product development. As of
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws, and could be impacted by a number of factors, including those described under the section entitled “Risk Factors” in our most recent Annual Report on Form 10-K, as such factors may be updated from time to time in our periodic filings with the
Source: Affiliated Managers Group, Inc.