AMG Acquires Minority Stake in Real Estate Firm HighBrook Investors

Partnership to expand AMG's global private markets presence and support HighBrook's growth initiatives.

Published on Feb. 12, 2026

AMG, a strategic partner to leading independent investment management firms, has announced the acquisition of a minority equity interest in HighBrook Investors, a real estate investment manager specializing in value-add opportunities in the U.S. and Europe. The partnership aims to leverage AMG's strategic capabilities to enhance HighBrook's long-term success and continue building an enduring firm.

Why it matters

The deal further diversifies AMG's business and expands its participation in the global private markets, providing exposure to high-growth areas of real estate like European last-mile logistics and U.S. data centers. For HighBrook, the partnership with AMG offers access to strategic capabilities and growth capital to scale its platform and pursue attractive investment opportunities.

The details

HighBrook, founded in 2010, has committed more than $2.3 billion of equity across over 80 investments totaling approximately $5.7 billion in gross asset value through its flagship fund series and co-investment vehicles. The firm focuses on value-add strategies in areas with long-term secular tailwinds, such as e-commerce growth and the expansion of digital infrastructure. Under the agreement, HighBrook's management team will continue to hold the majority of the firm's equity and direct its day-to-day operations.

  • The transaction was announced on February 12, 2026.

The players

AMG

A strategic partner to leading independent investment management firms globally, with approximately $813 billion in aggregate assets under management as of December 31, 2025.

HighBrook Investors

A real estate private equity firm that acquires and actively manages properties in select growth markets in Europe and the U.S., with a focus on value-add strategies in areas like e-commerce and digital infrastructure.

Jay C. Horgen

Chief Executive Officer of AMG.

Brian R. Carr

Co-Founder and Managing Partner of HighBrook Investors.

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What they’re saying

“We are pleased to partner with HighBrook, a real estate manager operating across the U.S. and Europe with a differentiated value-add approach that integrates investment and sector expertise with dedicated operating capabilities.”

— Jay C. Horgen, Chief Executive Officer of AMG (AMG Press Release)

“We were drawn to AMG for its decades of experience as a strategic partner to independent firms, its long-term orientation, and its global reputation for collaborative partnership.”

— Brian R. Carr, Co-Founder and Managing Partner of HighBrook Investors (AMG Press Release)

What’s next

The partnership is expected to further HighBrook's ability to scale its platform and pursue attractive investment opportunities across its strategies for the benefit of its clients.

The takeaway

This deal highlights AMG's continued focus on expanding its presence in the global private markets, leveraging its strategic capabilities to support the growth of independent investment management firms like HighBrook that are well-positioned to capitalize on emerging trends in the real estate sector.