tiprankstipranks

Affiliated Managers Group invests in, partners with Forbion Group

Affiliated Managers Group has entered into a definitive agreement to acquire a minority equity interest in Forbion Group Holding. After the closing of the transaction, Forbion partners will continue to hold a significant majority of the equity of the firm and direct its day-to-day operations. The company said, “Forbion is a leading pan-European venture capital and growth equity firm focused on investing in high-quality life sciences companies across all stages of their development. With approximately EUR 3 billion in assets under management, Forbion provides capital and expertise to life sciences companies, enabling the development of new therapeutics that can impact the future of medicine. Led by co-founders and Managing Partners Sander Slootweg, Geert-Jan Mulder, and Martien van Osch, Forbion’s seasoned team has delivered excellent returns for clients for more than two decades, and continues to support companies delivering breakthrough drug therapies to the global market.” The terms of the transaction were not disclosed. The transaction is expected to close in the second half of 2023.

Confident Investing Starts Here:

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

See the top stocks recommended by analysts >>

Read More on AMG:

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue