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Global Asset Manager Completes Three Acquisitions

AMG has successfully added three new firms to its roster of equity investments.
Affiliated Managers Group, a global asset management company, has completed its investments in Systematica Investments, Ivory Investment Management and Abax Investments.
Systematica is a technology-driven firm focused on the application of science and technology to the investment process. With offices in Geneva, London, New York, Singapore and Jersey, the firm’s 48 investment professionals are managed by CEO Leda Braga, along with her senior management team.
Ivory, meanwhile, is an investment firm which manages assets across long/short equity and long-only investment strategies. Founded in 1998 by head portfolio manager Curtis Macnguyen, the firm’s senior partner group includes president and chief operating officer Mark Waissar, senior portfolio managers Neil Chudgar and Brad Lundy, and head trader Matt Bailey.
Lastly, Abax provides South African equity, fixed income and strategic and tactical asset allocation strategies, as well as a separate global equity strategy. Based in Cape Town, Abax serves retail and institutional clients across an array of equity, balanced and hedge fund strategies. The firm was established in 2003 and is led by senior partners Anthony Sedgwick, Marius van Rooyen, Omri Thomas and Steve Minnaar.
The senior partners of each of Systematica, Ivory and Abax have agreed to long-term commitments with their respective firms. The terms of the transactions were not disclosed.