Affiliated Managers, Montefiore Investment announce partnership

AMG announced that it has entered into a definitive agreement to acquire a minority equity interest in Montefiore Investment, a leading middle-market private equity firm in France and southern Europe. Under the terms of the transaction, Montefiore’s management will retain a substantial majority of the firm’s equity, continue to lead the organization, and maintain full control of its investment process, strategy, and day-to-day operations. AMG‘s investment will provide Montefiore with capital to further invest in the firm’s capabilities and team as well as to enhance its alignment with clients.