AMG, a strategic partner to leading independent investment management firms globally, announced that it has entered into a definitive agreement to acquire a minority equity interest in Verition Fund Management.
Verition’s management will retain most of the firm’s equity, continue to lead the organization, and maintain control of day-to-day operations. And Verition’s co-founders Nicholas Maounis and Josh Goldstein have also entered into long-term commitments with the firm. Verition’s management will also significantly invest in the firm’s fund.
Originally founded in 2008, Verition developed a globally recognized multi-strategy platform that allocates capital across a diversified range of uncorrelated strategies. The firm has delivered consistent returns with limited volatility, earning the confidence of institutional investors worldwide. And Verition’s platform comprises approximately 150 portfolio management teams, supported by a culture of collaboration, innovation, and operational excellence. As of April 1, 2025, the firm manages approximately $12.6 billion in assets.
KEY QUOTES:
“Verition is a premier multi-manager with an outstanding track record across nearly two decades. With its focus on uncorrelated strategies, disciplined approach, strong risk framework, and proven ability to consistently deliver excellent results for clients, Verition is positioned as a leader in the growing multi-strategy space. Verition exhibits what we look for in a partner: a high-quality independent firm operating in an area of secular growth, with a high-performing team and excellent long-term prospects. I am delighted to welcome Nick, Josh, and their partners to our Affiliate group.”
Jay C. Horgen, President and Chief Executive Officer of AMG
“We’re excited to welcome AMG as a partner. In selecting an institutional partner, Josh and I were drawn to AMG’s track record, long-term orientation, and unique approach that preserves our independence and investment philosophy. This partnership supports the continued expansion of our platform, broadens our global reach, and strengthens our ability to execute on long-term strategic priorities — all with the goal of delivering lasting value to our investors.”
Nicholas Maounis, Co-Founder and Chief Executive Officer of Verition
