AMG Buys Pantheon Ventures for $775 Million
Affiliated Managers Group (NYSE: AMG) has agreed to acquire private equity fund-of-funds manager Pantheon Ventures from Russell Investments (a unit of Northwestern Mutual Life Insurance Co.). The deal is valued at $775 million in cash, plus the possibility of additional earn-outs over the next five years. Russell Investments had purchased Pantheon in 2003.
10 February 2010•4 mins read
