AMG and Affiliates Contribute More Than $1.7 Million to Ukrainian Humanitarian Relief
Affiliated Managers Group, Inc.
The majority of the funds will go to Revived Soldiers Ukraine, Nova Ukraine, United Help Ukraine, Direct Relief, CARE, and Americares. AMG's total assets under management as of December 2021 were approximately $814 billion across a wide range of return-oriented strategies.
Affiliated Managers Group, Inc., a global leader in partnering with active independent investment management firms, announced today that more than $1.7 million has been raised in support of charitable organizations providing humanitarian aid in Ukraine or to Ukrainian refugees through individual giving by AMG and Affiliate employees, as well as gift-matching by The AMG Charitable Foundation and AMG.
In addition to leading its own internal giving campaign, AMG recently extended a gift-matching commitment to all of its Affiliates' employees. The majority of the funds will go to Revived Soldiers Ukraine, Nova Ukraine, United Help Ukraine, Direct Relief, CARE, and Americares, organizations that provide medical relief, food, water, and other forms of humanitarian aid to Ukrainians; numerous other organizations that provide similar relief have also been supported.
AMG is a global leader in partnering with independent active investment management firms. AMG's strategy is to create long-term value by investing in a diverse array of high-quality independent partner-owned firms, using a tried-and-true partnership approach, and allocating resources across AMG's unique opportunity set to the areas with the highest growth and return. AMG's novel partnership model allows each Affiliate's management team to own significant equity in their company while maintaining operational and investment independence.
Furthermore, AMG provides its Affiliates with growth capital, global distribution, and other strategic value-added capabilities that improve the long-term growth of these independent businesses and allow them to align equity incentives across generations of principals in order to build enduring franchises. AMG's total assets under management as of December 31, 2021 were approximately $814 billion across a wide range of return-oriented strategies. Please visit the Company's website at www.amg.com for more information.
Source: AMG news release