tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AMG and Brown Brothers Harriman announce strategic collaboration

AMG and Brown Brothers Harriman, a privately held 200-plus-year-old global financial services firm, announced a strategic collaboration to expand the reach of BBH’s suite of structured and alternative credit investment strategies into the U.S. wealth marketplace through AMG‘s proven strategic capabilities. As part of this strategic collaboration, BBH formed a new subsidiary, BBH Credit Partners, to house its taxable fixed income and structured credit business. AMG will provide seed capital for a set of new structured and alternative credit products advised by BBH Credit Partners, and, to enhance alignment, AMG will make a minority investment in BBH Credit Partners. BBH will continue to be solely owned and operated by its 38 general partners, and AMG’s ownership will be limited to a minority interest in the BBH Credit Partners subsidiary. Through the newly created BBH Credit Partners subsidiary, BBH and AMG will launch a series of innovative structured and alternative credit solutions to meet the evolving needs of U.S. wealth clients and their advisors. AMG’s investment is expected to be completed in the Q1 of 2026, subject to customary closing conditions; terms were not disclosed.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1