Affiliated Managers completed the acquisition of a minority stake in Forbion.

Affiliated Managers, a partner to independent investment management firms globally, completed the acquisition of a minority stake in Forbion, a venture capital and growth equity firm. Financial terms were not disclosed. “We are very pleased to partner with Forbion, a leader in life sciences investing – a sector with robust client demand trends and meaningful societal impact. AMG’s partnership approach continues to attract outstanding firms seeking to preserve their independence and entrepreneurial cultures, and to benefit from collaboration with a strategic partner that can magnify their success. Our partnership with Forbion broadens our participation in both private markets and the life sciences sector, further diversifying our business and enhancing our long-term growth prospects," Jay C. Horgen, AMG President and CEO.