Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:AMG Is Looking For a Few Good Firms Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 13, 2004

AMG Is Looking For a Few Good Firms

News summary by MFWire's editors

Darrell W. Crate, executive vice president and chief financial officer of the Affiliated Managers Group, spoke about the company's pipeline on Monday at the 2004 Lehman Brothers Financial Services Conference in New York City.

Crate says the time is ripe for new investments.

"There are about 2,000 firms between $500 million and $15 billion in assets under management," he says. "What we're doing is culling that group, looking for those that provide the strongest growth, the best growth opportunities and have outstanding management teams. Out of that 2000, we've been in the offices of just over 700 firms. Out of that 700, we've identified 150 that are really considered our top prospects. Out of that 150, there are probably 10 to 15 that we're in the active cultivation process with."

"Obviously we've been through a very difficult period in the equity markets, but we feel that we've gotten through that period very well," Crate says.

"We are very pleased with where our pipeline stands today," he adds.  

Edited by: Caitlin  Pickall


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use