AMG Appoints David C. Ryan to its Board of Directors
July 21 2021 - 4:30PM
Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to
independent active investment management firms, today announced the
appointment of David C. Ryan to its Board of Directors, effective
immediately.
Mr. Ryan is a corporate advisor to Singapore-based Temasek
Holdings, and serves on the boards of directors of ADT Inc.;
Mapletree Investments Pte Ltd., a Singapore-based real estate
development, investment, capital and property management company;
and Tiga Acquisition Corp., a Singapore-based special purpose
acquisition company. Mr. Ryan’s 22-year career at Goldman Sachs
& Co., where he was a partner, spanned a variety of roles in
Asia and the United States. From 2011 to 2013, he served as
President of Goldman Sachs Asia (chairing its management committee)
and was a member of the Management Committee of Goldman Sachs &
Co. Mr. Ryan holds a B.A. from Yale University.
“We are very pleased to welcome David to AMG’s Board,” said Jay
C. Horgen, President and Chief Executive Officer of AMG. “David’s
broad professional network in Asia and deep transaction acumen have
been developed across nearly three decades of leadership, capital
markets, and mergers and acquisitions experience. David’s expertise
will enhance our strategic efforts to expand AMG’s footprint in
Asia as we look to grow client relationships on behalf of our
Affiliates and partner with additional excellent independent firms
in the region.”
Dwight D. Churchill, Chair of AMG’s Board of Directors, added,
“As we continue the process of Board refreshment and enhance the
collective capabilities of our Director group, David’s deep
understanding of the Asia region, leadership insights, and
corporate governance experience will be additive and complementary
to the Board’s aggregate skillset. We look forward to David’s
contributions to our Board’s strategic dialogue.”
About AMGAMG is a leading partner to
independent active investment management firms globally. AMG’s
strategy is to generate long-term value by investing in a diverse
array of excellent independent partner-owned firms, through a
proven partnership approach, and allocating resources across AMG’s
unique opportunity set to the areas of highest growth and return.
AMG’s innovative partnership approach enables each Affiliate’s
management team to own significant equity in their firm while
maintaining operational and investment autonomy. In addition, AMG
offers its Affiliates growth capital, global distribution, and
other strategic value-added capabilities, which enhance the
long-term growth of these independent businesses, and enable them
to align equity incentives across generations of principals to
build enduring franchises. As of March 31, 2021, AMG’s aggregate
assets under management were approximately $738 billion across a
broad range of active, return-oriented strategies. For more
information, please visit the Company’s website at www.amg.com.
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal
securities laws, and could be impacted by a number of factors,
including those described under the section entitled “Risk Factors”
in our most recent Annual Report on Form 10-K, as such factors may
be updated from time to time in our periodic filings with the SEC,
which are accessible on the SEC's website at www.sec.gov. We
undertake no obligation to publicly update or review any
forward-looking statements, whether as a result of new information,
future developments or otherwise, except as required by applicable
law. From time to time, AMG may use its website as a distribution
channel of material Company information. AMG routinely posts
financial and other important information regarding the Company in
the Investor Relations section of its website at www.amg.com and
encourages investors to consult that section regularly.
Investor Relations:Anjali AggarwalMedia Relations: Ann Imes
(617) 747-3300ir@amg.com pr@amg.com
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