On January 27, 2015, AMG Wealth Partners, a subsidiary of Affiliated Managers Group (NYSE: AMG), announced that it had entered into an agreement to acquire a majority equity interest in Baker Street Advisors.  

On January 27, 2015, AMG Wealth Partners, LP, a subsidiary of Affiliated Managers Group, Inc. (“AMG”) (NYSE: AMG), announced that it had entered into an agreement to acquire a majority equity interest in Baker Street Advisors LLC (“Baker Street”).  

AMG is a global asset management company with equity investments in boutique investment management firms. AMG’s affiliates manage approximately $626 billion of assets. Baker Street is a San Francisco-based wealth management firm that advises on approximately $6 billion in assets. 

The terms of the transaction were not disclosed.

To read the press release, please click here.