Affiliated Managers Group, Inc.

AMG is a strategic partner to independent investment firms worldwide. The company generates long-term value by investing in high-quality, partner-owned firms, referred to as "Affiliates," and allocating resources to areas of high growth and return. AMG's partnership approach allows Affiliate management teams to retain autonomy and significant equity ownership while leveraging AMG's strategic capabilities, including growth capital, product strategy, distribution through capital formation, succession planning, and strategic advisory. This support helps Affiliates expand their reach, diversify their businesses, and enhance long-term success. AMG's Affiliates operate across alternatives and differentiated long-only strategies. These strategies span various return-oriented asset classes and structures, including private markets and liquid alternatives within alternatives, and equities, multi-asset, and fixed income within differentiated long-only. This diversification by strategy, product, and client type aims to enhance earnings stability across market cycles. The business generates significant cash flow, which is deployed toward growth investments and returning capital to shareholders.