AMG Announces Partnership with Forbion

•		AMG to invest in Forbion, a leading pan-European life sciences venture capital and growth equity firm
•		Partnership will further diversify AMG's business and enhance its participation in private markets and life sciences
•		Will enable Forbion to access clients in new geographies and channels and continue to build an enduring, multi-generational firm
•		Forbion co-founders will remain committed to the firm over the long term, and the Forbion partnership will continue to own a significant majority of the company’s shares
•		Forbion partners will retain their investment independence and operational autonomy, in line with AMG’s partnership approach

WEST PALM BEACH, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG), a leading partner to independent investment management firms globally, has entered into a definitive agreement to acquire a minority equity interest in Forbion Group Holding B.V. (“Forbion”). After the closing of the transaction, Forbion partners will continue to hold a significant majority of the equity of the firm and direct its day-to-day operations.

Forbion is a leading pan-European venture capital and growth equity firm focused on investing in high-quality life sciences companies across all stages of their development. With approximately €3 billion in assets under management, Forbion provides capital and expertise to life sciences companies, enabling the development of new therapeutics that can impact the future of medicine. Led by co-founders and Managing Partners Sander Slootweg, Geert-Jan Mulder, and Martien van Osch, Forbion’s seasoned team has delivered excellent returns for clients for more than two decades, and continues to support companies delivering breakthrough drug therapies to the global market.

“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,” said Jay C. Horgen, President and Chief Executive Officer of AMG. “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. I am pleased to welcome Sander, Geert-Jan, Martien, and their partners to our Affiliate group.”