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AMG Gets Jay Horgen


WEBWIRE

BOSTON - Affiliated Managers Group, Inc. (NYSE: AMG), an asset management holding company, has announced that Jay Horgen has joined the Company as Executive Vice President focusing on investments in new AMG Affiliates.

“Jay Horgen has substantial experience in advising leading asset management companies and we are excited to have someone with his exceptional talent join AMG as head of our New Investments team,” said Sean M. Healey, AMG’s President and Chief Executive Officer. “Our senior management team has worked closely with Jay on a number of transactions for AMG, and we look to his broad expertise to continue to successfully execute our growth strategy through accretive investments in new Affiliates.”

Most recently, Mr. Horgen founded a private equity firm, Eastside Partners, where he served as a managing director. From 1993 to 2005, Mr. Horgen was an investment banker serving as a managing director in the Financial Institutions Group at Merrill Lynch and, prior to that, he worked as a banker in the Financial Institutions Group at Goldman, Sachs & Co. Mr. Horgen received a B.A. in Economics and Mathematics from Yale University.

“AMG is widely recognized as one of the most successful asset management firms in the industry,” said Mr. Horgen. “With a distinguished reputation as a leading investor in high quality boutique asset management firms, the company has built a tremendous platform for growth, and I look forward to identifying investment opportunities that contribute to its success.”

AMG is an asset management company with equity investments in a diverse group of mid-sized investment management firms. AMG’s strategy is to generate growth through the internal growth of its existing Affiliates, as well as through investments in new Affiliates. AMG’s innovative transaction structure allows individual members of each Affiliate’s management team to retain or receive significant direct equity ownership in their firm while maintaining operating autonomy. In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. AMG’s affiliated investment management firms managed over $241 billion in assets at December 31, 2006.



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