AMG Buys BlueCrest's Stake In Braga's Systematica – ValueWalk Premium

AMG Buys BlueCrest's Stake In Braga's Systematica

Affiliated Managers Group disclosed it has agreed to buy a majority stake of the equity held by Michael Platt’s BlueCrest Capital Management in Leda Braga’s Systematica Investments. Braga’s venture recently surpassed the assets of her former employer, overseeing $8.8 billion as of Oct. 1, compared with BlueCrest’s $7.9 billion.
Systematica trims ties with BlueCrest
Braga’s venture was spun out of Platt’s firm in January. Platt left JP Morgan Chase to start BlueCrest in 2000, and Braga joined him . . .

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