AMG to invest in BBH Credit Partners.

AMG, a global asset management company, agreed to invest in BBH Credit Partners, a new subsidiary of Brown Brothers Harriman. Financial terms were not disclosed. “We are pleased to partner with BBH Credit Partners in launching a series of innovative structured and alternative credit solutions to meet the evolving needs of clients in the U.S. wealth channel. This collaboration will bring together our firms’ complementary strengths, including AMG’s proven product development and distribution capabilities and BBH Credit Partners’ long-tenured investment expertise, to expand access to BBH’s industry-leading credit strategies into the rapidly growing U.S. wealth marketplace; it will also enhance AMG’s position as a leading sponsor of alternative strategies for the U.S. wealth market,” Thomas M. Wojcik, AMG President and Chief Operating Officer.