Affiliated Managers Group acquired Baker Street Advisors, a transaction completed in April 2015, structured as cash (terms not disclosed). The deal was a Majority-stake investment.
Baker Street Advisors operates in Wealth management, is based in San Francisco, CA. On April 1, 2015 AMG completed a majority investment in Baker Street Advisors, LLC, a wealth management 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.
completed majority investments in Baker Street Advisors, LLC on April 1, 2015Affiliated Managers Group, FY2015 Form 10-K
Advisory firms were not disclosed for this transaction.