Affiliated Managers Group acquires SouthernSun Asset Management

Affiliated Managers Group acquired SouthernSun Asset Management, a transaction completed in March 2014, structured as cash (terms not disclosed). The deal was a Majority-stake investment.

SouthernSun Asset Management operates in Concentrated equity, is based in Memphis, TN. AMG completed a majority investment in SouthernSun Asset Management, LLC on March 31, 2014, a research-intensive manager of concentrated, long-term equity portfolios (announced December 2013).

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.

SouthernSun ... was completed on March 31, 2014Affiliated Managers Group, FY2014 Form 10-K

Advisory firms were not disclosed for this transaction.

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