Record Economic Earnings Per Share in 2024
AMG delivered record economic earnings per share in 2024 with full year earnings up 10% year-over-year, demonstrating the positive impact of their disciplined capital allocation strategy.
Successful Fundraising in Private Markets
AMG's private market affiliates raised $24 billion during the year, reflecting annualized organic growth of approximately 20% and strong demand for specialized strategies.
Expansion in Liquid Alternatives
AMG observed $2 billion of net inflows in liquid alternatives for the second consecutive quarter, driven by affiliates like AQR, Winton, Systematica, and Garda.
Strategic Investment in NorthBridge Partners
AMG announced a minority investment in NorthBridge Partners, a private markets manager specializing in industrial logistics real estate, aligning with AMG's strategy to invest in high growth areas.
Strong Balance Sheet and Share Buybacks
AMG strengthened its balance sheet by issuing $850 million of long-duration debt and repurchased $700 million in shares, equivalent to 13% of shares outstanding, highlighting financial flexibility.