Affiliated Managers Group acquired Artemis Investment Management, a transaction completed in March 2010, structured as cash (terms not disclosed). The deal was a Majority-stake investment.
Artemis Investment Management operates in UK active equity/multi-asset, is based in London & Edinburgh, UK. On March 15, 2010 AMG completed its investment in Artemis Investment Management, a leading UK active manager serving retail and institutional clients with roughly $16 billion under management.
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.
On March 15, 2010, we completed our investment in Artemis Investment Management Ltd ("Artemis").Affiliated Managers Group, FY2010 Form 10-K
Advisory firms were not disclosed for this transaction.