Jay Horgen

Chief Executive Officer, President & Director, Affiliated Managers Grp

Search every verified Jay Horgen interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During the third quarter of 2025, Horgen reported that AMG's alternatives contributed 55% of its EBITDA on a run-rate basis, with a goal to increase that to more than two-thirds in the coming years. He stated that the company had committed more than $1 billion across five new growth investments in 2025, including a strategic collaboration with Brown Brothers Harriman to develop products for the wealth channel. Horgen also noted the sale of AMG's minority stake in Comb's private credit business, which he said returned nearly three times the purchase price乐. He said the company anticipated a meaningful increase in full-year economic earnings per share in 2026, citing growth in alternative AUM, margin expansion at affiliates like AQR and Pantheon, and the impact of share repurchases. In prior years, Horgen described AMG's strategy as focused on investing in independent, partner-owned firms and maintaining a permanent partnership approach. He said the company had deployed capital across new partnerships and share repurchases, and that it was dedicating resources to areas such as private markets, ESG, and liquid alternatives. Horgen stated that AMG had repositioned its business to focus on secular growth areas and that the company's model was resonating with high-quality independent firms.