AGF expands alternatives business with strategic investment

AGF boosts portfolio with partnership, targeting absolute return and credit strategies

AGF expands alternatives business with strategic investment

AGF Management Limited has expanded its alternatives business, AGF Capital Partners, through a strategic investment in New Holland Capital, LLC, a multi-strategy investment manager based in New York.  

This move aims to enhance AGF's alternatives offerings with absolute return-focused strategies and specialized credit investments. 

New Holland Capital, boasting over $5bn in assets under management and 17 years of experience, specializes in providing institutional investors with absolute return investment strategies. 

The investment arrangement allows AGF to acquire a 24.99 percent economic interest in New Holland Capital initially, with an option to increase its stake in the future. Ash Lawrence, head of AGF Capital Partners, expressed enthusiasm about the partnership, highlighting the diversification and growth potential it brings to their alternatives business. 

New Holland Capital is known for its Tactical Alpha multi-PM investment strategy, which aims to identify alpha-generating opportunities through both fundamental and quantitative strategies.  

The firm also manages a Special Opportunities strategy focused on niche credit opportunities and partners with institutional investors to offer customized investment solutions. 

Scott Radke, CEO of New Holland Capital, welcomed the partnership with AGF, noting the potential for accelerated growth and enhanced client services through AGF's platform and distribution channels. He emphasized the strategic significance of this investment for New Holland's business and clients. 

Despite the investment, New Holland Capital will maintain operational independence, with its existing leadership team, including Radke and nine additional partners, continuing to oversee day-to-day operations. AGF will provide strategic support, including facilitating joint global distribution efforts and offering access to quantitative investing and data analytics expertise. 

This investment follows AGF's announcement of acquiring a majority stake in Kensington Capital Partners Limited, furthering its strategy to build a diversified alternatives business capable of meeting the unique needs of a wide range of investors.