Affiliated Managers acquires minority equity interest in NorthBridge Partners

AMG announced that it acquired a minority equity interest in NorthBridge Partners. NorthBridge is a leading vertically integrated real estate investment manager specializing in industrial logistics assets, a high-growth sector benefiting from the expanding digital economy and evolving supply chain dynamics. With approximately $2B in assets under management, the firm invests in last-mile logistics properties, acquiring, repositioning, and developing strategically located real estate assets in major markets. Led by partners Greg Lauze, Dean Atkins, and David Aisner, NorthBridge has deep sector expertise and a targeted investment strategy in a market segment with strong secular tailwinds, including robust e-commerce growth, accelerating consumer demand for shorter delivery times, and the onshoring of supply chains. The terms of the transaction were not disclosed. The management team of NorthBridge will continue to hold a significant majority of the equity and direct the firm’s day-to-day operations.