Affiliated Managers Group's
new distribution group has gone live
. The entity, called Managers Investment Group (MIG), will consist of 30 sales people, headed by Bruce Arnow formerly of AMG-affiliate Rorer Asset Management.
Beth McGoldrick, spokeswoman for Managers, did not immediately return a call seeking comment. AMG announced the sales reorganization in August.
MIG, which already has offices in Chicago; Norwalk, Connecticut, and Philadelphia, is planning to open an office in San Francisco, and plans on having a total of 150 employees.
The firm is currently looking for an inside sales associate in Philadelphia and other production associates, according to job postings
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