---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-076708"
form_type: "8-K"
ticker: "AMG"
cik: "0001004434"
company_name: "AFFILIATED MANAGERS GROUP, INC."
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:13:49.742083+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AMG to sell BPEA stake to EQT for $1.1B; retains future carried interest

## Summary
- Total consideration $1.1B: $240M cash + 28.68M EQT shares; retains future carry in certain funds.
- AMG acquired its 15% BPEA interest for $187.5M in 2016; expects ~$35M EBITDA contribution in 2022.
- Transaction expected to close Q4 2022, subject to customary conditions; six-month lock-up on 25% of EQT shares.
- After closing, AMG plans to use ~40% of gross proceeds for taxes/debt, 60% for growth investments and buybacks.

## SEC filing metadata
- accession: 0001193125-22-076708
- form_type: 8-K
- ticker: AMG
- cik: 0001004434
- company_name: AFFILIATED MANAGERS GROUP, INC.
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004434/000119312522076708/0001193125-22-076708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004434/000119312522076708/d303802d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-076708
- JSON: https://secwatch.observer/filing/0001193125-22-076708.json
- Plain text: https://secwatch.observer/filing/0001193125-22-076708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.