WEST PALM BEACH, Fla., July 08, 2019 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, today announced the completion of its investment in Garda Capital Partners LP.

Garda is a leading alternative investment manager specializing in fixed income relative value strategies and is headquartered in Minneapolis, MN. Garda serves a diversified set of sophisticated institutional clients around the world, and throughout the firm’s 15-year history of continuous senior leadership, its flagship investment strategy has consistently delivered positive returns which are uncorrelated to traditional markets.

As part of the transaction, Garda’s senior partners have agreed to long-term commitments with the firm. The terms of the transaction were not disclosed.

About AMG

AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG’s innovative partnership approach allows each Affiliate’s management team to own significant equity in their firm while maintaining operational autonomy. AMG’s strategy is to generate shareholder value through the growth of existing Affiliates, as well as through investments in new Affiliates and additional investments in existing Affiliates.

In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. As of March 31, 2019, AMG’s aggregate assets under management were approximately $778 billion, pro forma for investments which have since closed, in more than 500 investment products across a broad range of active, return-oriented strategies. For more information, please visit the Company’s website at www.amg.com.