Affiliated Managers (US:AMG) Globenewswireยท2025-10-01 10:59Core Viewpoint - The strategic collaboration between AMG and BBH aims to expand BBH's structured and alternative credit investment strategies into the U.S. wealth marketplace, leveraging both firms' strengths in product development and distribution [1][3][5] Group 1: Strategic Collaboration Details - BBH has established a new subsidiary, BBH Credit Partners, to manage its taxable fixed income and structured credit business, with AMG providing seed capital and making a minority investment in this subsidiary [2][3] - The collaboration will utilize BBH's $55 billion taxable fixed income franchise and AMG's product development and distribution capabilities to launch innovative credit solutions tailored for U.S. wealth clients [3][4] Group 2: Expected Outcomes and Benefits - The partnership is expected to enhance BBH's presence in the U.S. wealth market, complementing its existing institutional presence globally, and will focus on meeting the evolving needs of clients in this sector [4][5] - AMG's investment is anticipated to be finalized in the first quarter of 2026, subject to customary closing conditions, further solidifying its role as a leading sponsor of alternative strategies for the U.S. wealth market [4][5] Group 3: Company Backgrounds - AMG is a strategic partner to independent investment management firms, with approximately $771 billion in assets under management as of June 30, 2025, focusing on high-quality partner-owned firms [6] - BBH, founded in 1818, has a long history of providing financial services and operates through two main business lines: Investor Services and Capital Partners [7]