AMG, a global asset manager, has reached an acquisition agreement with Petershill Fund I, a group of investment vehicles managed by Goldman Sachs Asset Management.

Affiliated Managers Group, a global asset management company, is to acquire 100 per cent of Petershill Fund I’s minority equity interests in five alternative investment firms: Winton Capital Group, Capula Investment Management, Partner Fund Management, Mount Lucas Management and CapeView Capital.

Under the terms of the agreement, AMG will acquire the interests for about $800 million, to be paid in cash at closing.

Senior management at each of the firms will continue to hold an unchanged majority of the equity in each business, according to a statement, and retain operating autonomy under the same terms as the prior arrangements with Petershill Fund I.

Winton Capital Group is headquartered in London with additional offices in Oxford (UK), Zurich, Hong Kong, Shanghai, New York, Tokyo, Sydney, and San Francisco, CA. Capula Investment Management is based in London with affiliated entities in Greenwich, CT, Hong Kong and Tokyo. Meanwhile, Partner Fund Management is headquartered in San Francisco, CA; Mount Lucas Management is headquartered in Newtown, PA; and CapeView Capital is London-based.