Affiliated Managers Group acquired Partner Fund Management, a transaction completed in September 2016, structured as cash (terms not disclosed). The deal was a Minority-stake investment.
Partner Fund Management operates in Hedge fund / long-short equity, is based in San Francisco, CA. On September 30, 2016 AMG completed a minority investment in Partner Fund Management, L.P.
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.
Partner Fund Management, L.P. on September 30, 2016Affiliated Managers Group, FY2016 Form 10-K
Advisory firms were not disclosed for this transaction.