AMG Announces Partnership with Suma Capital
WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital (“Suma”).
- WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital (“Suma”).
- Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe.
- Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million in assets under management primarily across infrastructure and growth strategies.
- The partnership marks AMG’s ninth private markets Affiliate, further evolving AMG’s business toward secular growth areas.