AMG Swaps Macquarie Out of Jackson Square Partners
Posted on 11/21/2020
Affiliated Managers Group, Inc. (AMG) and the fund management team of Jackson Square Partners, LLC have purchased the minority equity interest in Jackson Square held by Macquarie Investment Management. Following the transaction, the partners of Jackson Square will continue to own a significant majority of the equity of the business.
San Francisco-based Jackson Square is an independent, privately owned investment manager specializing in long-only, growth-oriented equity strategies, with approximately US$ 24 billion across Large-Cap Growth, Global Growth, SMID-Cap Growth, and Small-Cap Growth discretionary and non-discretionary assets under administration as of September 30, 2020. Jackson Square Partners was founded in 2014.
Prior to founding Jackson Square, Jeff Van Harte led the team, then called the Focus Growth Equity team, while at Delaware Investments from April 2005 to April 2014, and was a principal and executive vice president at Transamerica Investment Management.
In January 2010, Macquarie Group completed the acquisition of Delaware Investments from Lincoln Financial Group.