About This Deal

Affiliated Managers Group acquired Conseco Capital Management (retail mutual-fund business), a transaction completed in March 2004, structured as cash (terms not disclosed). The deal was a Asset investment.

Conseco Capital Management (retail mutual-fund business) operates in Retail mutual funds, is based in USA. In March 2004 AMG acquired the retail mutual fund business of Conseco Capital Management, Inc., folding it into its Managers Investment Group retail distribution platform.

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.

Deal Terms

Acquirer
Affiliated Managers Group
Target
Conseco Capital Management (retail mutual-fund business)
Value
Not disclosed
Date
March 2004
Type
Asset investment
Status
Ready

Transaction Details

Target HQ
USA
Segment
Retail mutual funds
Structure
Cash (terms not disclosed)
Announced
March 1, 2004
Closed
March 1, 2004

In Their Words

In March 2004, we acquired the retail mutual fund business of Conseco Capital Management, Inc.Affiliated Managers Group, FY2004 Form 10-K

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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