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

Benzinga·04/21/2025 11:09:04
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  • 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