Affiliated Managers Group (AMG), a leading partner to independent investment management firms globally, and Leda Braga, Founder and Chief Executive Officer of Systematica, have jointly acquired the remaining minority equity interest in the firm previously owned by a third-party investor.
Affiliated Managers Group (AMG), a leading partner to independent investment management firms globally, and Leda Braga, Founder and Chief Executive Officer of Systematica, have jointly acquired the remaining minority equity interest in the firm previously owned by a third-party investor.
Following the transaction, which completes the full transition of equity ownership planned since Systematica’s spin-out as an independent firm in 2015, Braga holds an increased majority ownership position, and AMG holds a substantial minority interest in the firm. Systematica is among the largest woman-owned and -led alternative firms in the asset management industry.
Systematica is focused on employing science and technology in the investment process to achieve an innovative, superior, and sustainable approach to investment management. Recognised as one of the leading systematic managers in the world, Systematica offers a number of distinctive quantitative investing strategies across a broad array of markets, including the recently launched Systematica China Markets strategy, and the firm’s award-winning strategies have generated excellent investment performance and client outcomes over the long term. As of 31 December, 2021, Systematica managed approximately USD13 billion in assets; the firm’s assets under management have grown approximately 50 per cent and meaningfully diversified across a number of new strategies since AMG’s initial investment.
While the terms of the transaction have not been disclosed, AMG expects that its additional investment will contribute approximately USD18 million in incremental Adjusted EBITDA in 2022, including estimated performance fees.
