Affiliated Managers Group reports financial and operating developments tied to its role as a strategic partner to independent investment management firms globally. Company updates commonly cover assets under management, net client cash flows, affiliate investment activity, and performance across private markets, liquid alternatives, and differentiated long-only strategies.
AMG news also includes capital allocation actions such as common stock repurchases, dividends, debt financing, and securities redemptions. Recurring corporate items include new or expanded partnerships with affiliate managers, board composition changes, investor conference participation, and quarterly earnings releases.
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Affiliated Managers Group, Inc. (NYSE: AMG) is set to release its financial and operational results for the first quarter ended March 31, 2023, on May 1, 2023. A conference call will occur at 8:30 a.m. Eastern Time on the same day, hosted by President and CEO Jay C. Horgen and CFO Thomas M. Wojcik. This call will discuss quarterly performance as well as management's outlook for future results.
Interested listeners can join by calling 1-877-407-8291 for U.S. calls or 1-201-689-8345 for international calls. A replay will be available approximately one hour after the call ends, with access also provided through AMG's website.
Pantheon has successfully closed its fifth flagship private equity co-investment program, Pantheon Global Co-Investment Opportunities Fund V (PGCO V), securing over $2.4bn in commitments from investors. Since 2009, Pantheon has committed more than $6.3bn to co-investments in partnership with over 130 fund managers. PGCO V focuses on growth equity and small to mid-sized buyouts, leveraging Pantheon’s extensive global private equity platform. Despite a volatile macroeconomic backdrop, Pantheon remains optimistic about investment opportunities in the mid-market segment, reporting two early exits from the program. As of September 30, 2023, Pantheon manages $88.9 billion in assets.
ShopOne Centers REIT has acquired the Bethesda Walk shopping center in Lawrenceville, Atlanta, in a joint venture with Pantheon and a global institutional investor. This marks their second acquisition in Atlanta since December 2022. The center spans 68,271 square feet, is 98% occupied, and features Walmart Neighborhood Market among other tenants. The area supports a growing population of over 253,790, with an average household income of $82,000. The joint venture has completed 11 acquisitions to date, backed by $1 billion in investment capacity. This expansion reflects a strategic move to bolster their presence in a thriving market.
Pantheon has formed a strategic real estate platform with Elliott Bay, a significant player in healthcare-focused real estate. This partnership targets outpatient healthcare assets leased to top specialty providers and health systems, marking Pantheon’s third real estate initiative since 2021. The new platform aims to capitalize on the growing need for smaller outpatient facilities amid an aging population. Additionally, Pantheon strengthens its team with the appointment of Jonathan Lulu as Managing Director, enhancing its capital formation and business development efforts. As of September 30, 2023, Pantheon manages $88.9 billion in assets.
Affiliated Managers Group (AMG) announced that Jay C. Horgen, the President and CEO, will present at the Credit Suisse Financial Services Forum on February 14, 2023, at 2:25 p.m. ET. Additionally, CFO Thomas M. Wojcik is scheduled to speak at the BofA Securities Financial Services Conference on February 15, 2023, at 10:30 a.m. ET.
Both presentations will be available via live audio webcast on AMG's website, with replays accessible shortly after the events. AMG is a leader in partnering with independent investment management firms, managing approximately $651 billion in assets as of December 31, 2022.
Affiliated Managers Group (AMG) reported its fourth quarter and full-year 2022 results with a notable net income of $1.1 billion, bolstered by a $576 million gain from the BPEA transaction. The company achieved a 10% growth in Economic Earnings per share for the year, reaching $20.14, driven by strong Affiliate performance and strategic capital allocation. AMG repurchased $475 million in common stock and initiated a $225 million accelerated share repurchase program. Despite facing challenges in net client cash flows, which totaled $(33.0 billion) for the year, the firm remains optimistic about leveraging unique opportunities in the evolving market landscape.
Affiliated Managers Group (NYSE: AMG) will announce its fourth quarter and full year financial results for 2022 on February 6, 2023, at 8:30 a.m. Eastern Time. Following the results release, a conference call will be hosted by Jay C. Horgen (President and CEO) and Thomas M. Wojcik (CFO) to discuss both past and expected future performance.
Interested parties can join the call by dialing 1-877-407-8291 (U.S.) or 1-201-689-8345 (international). A replay will be available one hour after the call via the same numbers and on the AMG website.
Pantheon has announced the elevation of four new Partners, including three promotions and a new hire, enhancing its operational capabilities and growth in Asia. The new Partners include Stephen Branagan, Dianne Remanous, and Akitoshi Yamada, all of whom have significantly contributed to their respective teams. Additionally, Dean Maines joins as Chief Financial Officer, bringing experience from Affiliated Managers Group (NYSE: AMG). The firm recognized a total of 98 professionals in its annual promotion round, underscoring its commitment to leadership development and operational excellence.
Affiliated Managers Group (NYSE: AMG) announced that its President and CEO, Jay C. Horgen, alongside CFO Thomas M. Wojcik, will speak at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022, at 12:20 p.m. ET. The event will include a live audio webcast available on AMG's website, with a replay accessible shortly after. As of September 30, 2022, AMG's total assets under management reached approximately $645 billion, highlighting its status as a leading partner in active investment management globally.