About This Deal

Affiliated Managers Group acquired Ivory Investment Management, a transaction completed in December 2015, structured as cash (terms not disclosed). The deal was a Minority-stake investment.

Ivory Investment Management operates in Long/short equity, is based in Los Angeles, CA. On December 31, 2015 AMG completed a minority investment in Ivory Investment Management, L.P., an equity manager.

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
Ivory Investment Management
Value
Not disclosed
Date
December 2015
Type
Minority-stake investment
Status
Ready

Transaction Details

Target HQ
Los Angeles, CA
Segment
Long/short equity
Structure
Cash (terms not disclosed)
Announced
December 31, 2015
Closed
December 31, 2015

In Their Words

Ivory Investment Management, L.P. on December 31, 2015Affiliated Managers Group, FY2015 Form 10-K

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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