AMG Invests In Hong Kong Hedge Fund Manager

Nov 10 2009 | 10:02am ET

Affiliated Managers Group has taken a stake in Hong Kong-based hedge fund Value Partners Group.

Value Partners focuses on investments in greater China, and has US$4.6 billion in assets under management. Terms of the deal, including the price AMG paid for the 5% stake, were not disclosed, but the two will collaborate on distribution and product development. The deal also paves the way for Beverly, Mass.-based AMG to open its own Hong Kong office, for sales and marketing, next year.

“Our investment in Value Partners marks our entry into the Greater China region, and we are very pleased to partner with one of the largest and most respected independent boutique asset management firms,” Sean Healey, CEO of AMG, said.

AMG invests in asset management companies, and owns stakes in hedge funds AQR Capital Management, BlueMountain Capital Management and ValueAct Capital.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...