AMG Increases its Investment in AQR Capital Management

December 29, 2014

On December 17, 2014, Affiliated Managers Group announced that it agreed to meaningfully increase its minority investment in AQR Capital Management LLC.

On December 17, 2014, Affiliated Managers Group (“AMG”), a global asset management company with equity investments in boutique investment management firms, announced that it agreed to increase its minority ownership interest in AQR Capital Management, LLC (“AQR”).  AQR’s three founding principals and 18 other principals will maintain majority ownership in AQR, as well as operational independence. 

Following the transaction, AMG will hold a minority interest in the partnership and will continue to account for AQR as an equity method investment.  The transaction is expected to close by December 31, 2014.  The terms of the transaction were not disclosed.

AQR is a global investment manager with approximately $115 billion in assets.  The firm has 21 principals and 450 employees across the globe. 

To read the press release: please click here.


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Investment Manager Strategic Investments, Investment Manager Venture Capital, Transactions