Affiliated Managers Group acquired Value Partners Group, a transaction completed in November 2009, structured as cash (terms not disclosed). The deal was a Minority-stake investment.
Value Partners Group operates in Asian equity, is based in Hong Kong. In November 2009 AMG acquired a five percent stake in Value Partners Group Limited, a Hong Kong-listed Asian investment boutique managing about $5 billion.
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.
In November 2009, we acquired a five percent stake in Value Partners Group Limited ("Value Partners").Affiliated Managers Group, FY2009 Form 10-K
Advisory firms were not disclosed for this transaction.