AMG, a global leader in strategic partnerships with independent investment firms, has announced a significant minority equity investment in Northbridge Partners, a premier private markets manager specializing in industrial logistics real estate assets. This partnership signals AMG’s strategic focus on expanding its footprint in high-growth sectors and underscores NorthBridge Partners’ ambition to solidify its position as an industry leader.
NorthBridge Partners, established in 2014, has rapidly emerged as a vertically integrated real estate investment manager with a laser focus on last-mile logistics properties. The firm’s expertise lies in acquiring, repositioning, and developing strategically vital industrial real estate assets across major markets. With approximately $2 billion in assets under management (AUM), NorthBridge Partners is expertly navigating the booming industrial logistics landscape, driven by the accelerating digital economy and evolving global supply chain networks. The leadership team, comprising Greg Lauze, Dean Atkins, and David Aisner, brings deep sector knowledge and a targeted investment approach to a market segment experiencing substantial tailwinds. These tailwinds include the exponential growth of e-commerce, rising consumer expectations for rapid delivery, and the strategic onshoring of supply chains.
Jay C. Horgen, President and CEO of AMG, highlighted the strategic rationale behind this investment, stating, “Our partnership with NorthBridge broadens AMG’s participation in private markets and underscores our focus on investing in areas of secular growth. Given the growing demand for industrial logistics assets, and the entrepreneurialism of its principals, NorthBridge has excellent forward prospects, and AMG’s strategic partnership solutions can magnify the firm’s long-term success.” He further added, “I am delighted to welcome Greg, Dean, David, and their partners to our Affiliate group.” This statement emphasizes AMG’s confidence in NorthBridge Partners’ potential and the synergistic benefits of the partnership.
For NorthBridge Partners, the alliance with AMG represents a pivotal step towards achieving long-term objectives and maintaining its operational independence. Mr. Lauze articulated the advantages of the partnership, stating, “AMG’s unique partnership approach provides NorthBridge with access to strategic capabilities and growth capital to further our long-term objectives and maintain our independence. We are pleased to have found in AMG a partner that shares our commitment to entrepreneurial values and is aligned with us for the long term. We are confident that our partnership will enhance our competitive advantages, which will benefit both our clients and the Northbridge team.” This underscores the mutual alignment of values and long-term vision shared by both firms.
Dean Atkins further elaborated on the industry dynamics and the strategic importance of the AMG partnership, “We are operating in a rapidly evolving sector, characterized by transformative trends that generate compelling investment opportunities. Our partnership with AMG will enable us to capitalize on these trends as we further invest in our operational capabilities, increasingly differentiating our firm, to enhance our long-term success.” This perspective highlights how the partnership is strategically positioned to leverage the dynamic growth within the industrial logistics sector.
The financial terms of the transaction remain undisclosed, but it is confirmed that NorthBridge Partners’ management team will retain a significant majority equity stake and continue to direct the firm’s day-to-day operations. This ensures continuity and reinforces the entrepreneurial spirit that has driven NorthBridge Partners’ success.
About AMG
AMG (NYSE: AMG) is recognized as a strategic partner to leading independent investment management firms worldwide. AMG’s core strategy is centered on generating long-term value through investments in high-caliber, partner-owned independent firms. Their proven partnership approach is designed to allocate resources across diverse opportunities, targeting areas with high growth potential and strong returns. AMG’s unique approach amplifies the existing strengths of its Affiliates while actively supporting their independence and ownership culture. As of December 31, 2024, AMG’s total assets under management reached approximately $708 billion, encompassing a broad spectrum of private markets, liquid alternative, and differentiated long-only investment strategies.
About NorthBridge Partners
NorthBridge Partners, LLC, founded in 2014, is a vertically integrated real estate investment manager specializing in last-mile logistics properties. The firm is dedicated to acquiring, repositioning, and developing strategically located industrial real estate assets within major markets. NorthBridge Partners has an impressive track record, having completed over 100 transactions totaling more than 15 million square feet throughout its history. Currently managing approximately $2 billion in assets, NorthBridge Partners stands as a significant player in the industrial logistics real estate sector.
