Affiliated Managers (AMG) Buys Minority Interest in Suma Capital
Affiliated Managers (AMG) zacks.com·2024-05-18 01:21
Affiliated Managers Group, Inc. (AMG) has acquired a minority equity interest in Suma Capital. The terms of the transaction have not been disclosed yet.With this partnership, AMG will be in a position to further expand its business toward secular growth areas. The transaction marks AMG’s ninth private markets affiliate.Suma Capital is a pan-European private markets firm that invests in the transition to a lower-carbon economy, a sector with increasing client allocations and deployment opportunities across E ...