Affiliated Managers Group acquired Abacus Capital Group, a transaction completed in January 2021, structured as cash (terms not disclosed). The deal was a Majority-stake investment.
Abacus Capital Group operates in US real estate, is based in New York, NY. During 2021 AMG completed a majority investment in Abacus Capital Group LLC, a US real estate investment firm.
Consistent with AMG's partnership model, the Affiliate's management retains equity and operating autonomy while AMG provides permanent capital, global distribution and strategic resources.
Abacus Capital Group LLC, a high-quality real estate investment firm focused on the UAffiliated Managers Group, FY2021 Form 10-K
Advisory firms were not disclosed for this transaction.