Garda Capital Partners has received funding led by returning investor Garda Management, with new participation from Affiliated Managers Group. The transaction, announced on 12 February 2026, involved the issuance of convertible preferred shares.

AMG has acquired an additional minority equity interest in Garda Capital Partners, a liquid alternatives manager specialising in fixed income relative value strategies. Garda, which became an AMG affiliate in 2019, now manages more than $12 billion in assets. Since the partnership began, Garda has tripled in size whilst maintaining its 22-year track record of delivering consistent, positive returns across market cycles. The expanded investment supports Garda's objective of building a multi-generational independent firm. "This incremental minority investment reflects the strength of our partnership and supports the firm's long-term objective of building an enduring, independent firm," said Jay Horgen, AMG's chief executive officer. AMG remains a minority investor following the transaction. Terms were not disclosed.