Affiliated Managers Group Acquires Minority Stake in NorthBridge Partners

MT Newswires Live

02/06

Affiliated Managers Group (AMG) said Thursday that it acquired a minority stake in real estate investment manager NorthBridge Partners.

Financial terms were not disclosed.

NorthBridge's management team will retain a "significant" equity stake and continue to manage the firm's daily operations, Affiliated Managers Group said.

Price: 182.28, Change: -0.14, Percent Change: -0.08

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