Affiliated Managers Group acquired Fremont Investment Advisors, a transaction completed in January 2005, structured as cash (terms not disclosed). The deal was a Asset investment.
Fremont Investment Advisors operates in No-load mutual funds, is based in San Francisco, CA. AMG acquired approximately $3 billion of assets under management from Fremont Investment Advisors, Inc. - the Fremont Funds family of twelve no-load mutual funds - which were brought onto its Managers platform (closed January 2005).
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.
we acquired approximately $3 billion of assets under management from Fremont Investment Advisors, Inc. ("FIA").Affiliated Managers Group, FY2004 Form 10-K
Advisory firms were not disclosed for this transaction.