Affiliated Managers Group of Boston announced today that it has privately sold approximately $175 million in 20-year zero-coupon convertible senior bonds.

Affiliated Managers Group is a holding company for 15 affiliates that collectively manage almost $70 billion in assets. Its affiliates include Essex Investment Management of Boston, The Managers Fund of Norwalk, Conn., and Tweedy Browne Company of New York and London.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.