8-KRegulation FDExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Regulation FD Disclosure (Nov 2, 2004)

Filed November 2, 2004For Securities:AMGMGRBMGRMGRDMGRE

Summary

Affiliated Managers Group, Inc. (AMG) filed an 8-K on November 2, 2004, to disclose the completion of its purchase of an additional 19% interest in Friess Associates, LLC. This transaction represents a strategic move to deepen AMG's ownership in a key affiliate. The filing indicates this additional stake was acquired from Friess Associates' founder and Chairman, Foster Friess, and aligns with AMG's original investment terms established in October 2001. Investors should note this as an expansion of AMG's control and economic interest in Friess Associates, a significant component of AMG's overall business.

Key Highlights

  • 1AMG completed the purchase of an additional 19% stake in Friess Associates, LLC.
  • 2The acquisition was made from Friess Associates' founder and Chairman, Foster Friess.
  • 3This transaction is in accordance with the terms of AMG's initial investment in Friess Associates from October 31, 2001.
  • 4The filing serves as a Regulation FD disclosure.
  • 5The primary exhibit is a press release dated November 2, 2004, detailing the transaction.
  • 6The transaction indicates an increase in AMG's ownership and economic interest in Friess Associates.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly disclose that Affiliated Managers Group, Inc. (AMG) has completed the purchase of an additional 19% ownership interest in Friess Associates, LLC, as required by Regulation FD.

Friess Associates, LLC is an affiliate of AMG. The filing states this acquisition of an additional 19% interest is in line with the terms of AMG's original investment in the firm made on October 31, 2001, suggesting a strategic move to increase AMG's control and financial participation in this affiliate.

AMG's original investment in Friess Associates, LLC was made on October 31, 2001.

This transaction signifies an increase in AMG's ownership and economic interest in Friess Associates, LLC. For investors, it indicates AMG's continued commitment to and expansion within its affiliated investment management firms, potentially impacting future earnings and strategic direction.