Éric Bismuth, Daniel Elalouf and the manangement will retain the majority of the French mid-market Private Equity
NYSE-listed AMG (Affiliated Managers Group), a private markets, liquid alternative and long-only differentiated strategies investor, will acquire a minority of French mid-market private equity Montefiore Investments whose aum amount to 5 billion euros (press release). The closing may take place in 3Q25.
Montefiore’s co-founders Éric Bismuth (ceo) and Daniel Elalouf will keep the majority of the firm.
AMG’s investment will provide Montefiore with the necessary capital to further expand the company’s skills and team, as well as to improve alignment with customers.
Montefiore is born in 2005 and has offices in Paris, Milan and Madrid with a team of 70 professionals. The firm targets services companies and raised resources for six generations of funds and two complementary strategies.
Bismuth said: “We were attracted to AMG because of its 32-year history as a strategic partner to independent companies, its long-term orientation and its worldwide reputation as a collaborative partner. This deal will grant Montefiore with the access to AMG’s broad range of proven strategic expertise to further our long-term goals while preserving our independence. We are excited to partner with AMG as we continue to build an enduring, multi-generational company”.
Jay C. Horgen, ceo of AMG, added: “We are delighted to partner with Montefiore, a leading private equity manager with 20 years of experience in generating exceptional returns for clients. Montefiore’s differentiated value-added approach, focused on accelerating profitable and sustainable growth through close collaboration with management teams, enabled its portfolio companies to evolve from local players to industry leaders across Europe, while preserving their entrepreneurial spirit and culture. The company has excellent future prospects and AMG’s strategic partnership solutions can amplify its long-term success. I am delighted to welcome Éric, Daniel and their Partners to our affiliate group”.
In 1Q25, AMG’s aum were 712 billion US Dollars worth (investor presentation).
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