12/17/2023 0 Comments Abacus finance ltd. properties owned![]() ![]() I am pleased to welcome Ben, Kyle, and their partners to our Affiliate group.” With strong structural demand for multifamily real estate and the firm’s distinctive investment culture, Abacus is positioned for continued growth. “AMG’s unique partnership approach, including our proven succession planning and incentive alignment capabilities, continues to attract outstanding firms – including alternative firms – that wish to build an enduring franchise, preserve their independence, and leverage AMG’s institutional capabilities. Horgen, President and Chief Executive Officer of AMG. “We are very pleased to partner with Abacus, a high-quality business with excellent growth prospects in an attractive area of real asset investing,” said Jay C. Since its founding in 2004, Abacus’ organic growth has been driven by successful fundraising in both commingled funds and separate accounts, expanding its asset base while maintaining strong client retention and investment performance. Led by Founders Chief Executive Officer Benjamin Friedman and Senior Vice President Kyle Ellis, Abacus’ experienced investment team utilizes a research-driven investment process to identify optimal markets and opportunities, with proven results. With approximately $2 billion in assets under management, Abacus integrates the best practices of operator and allocator platforms, bringing its deep capabilities in asset management and development to execute on its value-add and core investment strategies. After the closing of the transaction, Abacus senior management will continue to hold a substantial portion of the equity of the firm and direct its day-to-day operations, consistent with AMG’s partnership approach, which is recognized by the marketplace for preserving the operating and investment independence of AMG Affiliates.Ībacus is an independent, privately owned real estate investment manager focused on the $3.5 trillion U.S. (NYSE: AMG), a leading partner to independent active investment management firms globally, has entered into a definitive agreement to acquire a majority equity interest in Abacus Capital Group LLC (“Abacus”). 28, 2021 (GLOBE NEWSWIRE) - Affiliated Managers Group, Inc. AMG’s fourth new Affiliate partnership in 2021, and first Affiliate dedicated to real estate investing.Demonstrates increasing appeal of AMG’s succession planning solutions to illiquid alternative firms.Enhances AMG’s participation in private markets, with exposure to fast-growing U.S. ![]()
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