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Stock impact report

Montreal asset manager transitions to employee-led ownership with new strategic backer [Wealth Professional (Canada)]

Affiliated Managers Group, Inc. (AMG) 
Last affiliated managers group, inc. earnings: 4/27 07:03 am Check Earnings Report
US:NYSE Investor Relations: ir.amg.com
Montreal-based independent asset management firm Montrusco Bolton Investments Inc. has undergone a major change in its ownership structure as its leadership and broader employee base now hold majority equity after joining forces with private equity partner Walter Global Asset Management. A cohort of staff, led by the firm's management team, has acquired control of the company's capital, while Walter GAM has taken a minority position through a dedicated asset-management industry fund. The restructuring builds on a solid foundation of employee shareholding — about 70% of the firm's personnel were already shareholders — with the objective of tightening alignment across the business and increasing operational nimbleness to support long-term, client-centric expansion. “With a simplified shareholder structure that offers greater agility and a partner like Walter GAM at our side, we are well positioned for the future,” said Sylvain Boulé, President and CEO of Montrusco Bolton. “The Wa Show less Read more
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