The entry of the leading firm in strategic partnerships will be key to accelerating the Barcelona-based management company’s growth strategy.

Suma Capital, a leading sustainable investment manager based in Barcelona, today announced that AMG (NYSE: AMG) has completed a minority investment in Suma Capital.

AMG is a leading partner to independent investment firms globally and its more than 35 Affiliates manage approximately $699 billion in assets across a diverse range of strategies. AMG’s distinctive partnership approach magnifies the advantages of independent partner-owned firms, while actively preserving their independence. This partnership marks AMG’s second direct investment in a pan-European private markets manager operating in an area of secular growth.

Suma Capital is committed to reducing carbon emissions by investing in disruptive technologies and forging partnerships with reliable entities, aligning its investment strategy directly with the global goal of achieving Net Zero carbon emissions. By leveraging AMG’s broad range of proven strategic capabilities, Suma Capital expects to more rapidly advance its growth strategy – including by developing innovative investment strategies aligned with its decarbonisation objectives – and to further its goal of becoming the leading European investment manager focused on decarbonisation, building on its recent achievements of opening an office in Paris and making its first investment in Italy.

Suma Capital’s partners will retain their investment independence and operational autonomy, in line with AMG’s partnership approach.