The Affiliated Managers Group
is acquiring approximately $5 billion in growth equity assets from TimesSquare Capital Management, Inc.
, not the area otherwise known as 42nd street in Manhattan. AMG will own 60 percent of the new affiliate, known as Times Square Capital Management, LLC. TSCM executives will retain a 40 percent share.
The growth equity team at TSCM serves approximately 90 institutional clients.
, Yvette Bockstein
, and Tony Rosenthal
leads the TSCM team of nine investment managers.
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