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Executive chairman of AMG dies

By Cristian Angeloni, 28 May 20

He was CEO of the global asset management company for over a decade

US-based Affiliated Managers Group (AMG) has paid tribute to Sean Healey describing him as a “mentor, and an inimitable leader, always exhibiting an indefatigable entrepreneurial spirit and unwavering dedication to friends, colleagues, and affiliate partners”. 

He joined AMG, a global asset management company with equity investments in boutique investment management firms, as executive vice president in 1995 and was promoted to president and chief operating officer in 1999. 

Healey became chief executive in 2005, a role he held until 2018, when he took on the position of executive chairman. 

He also held a number of non-profit board positions; including co-chair of the board of trustees of the Peabody Essex Museum; a member of the Council on Foreign Relations; the visiting committee of the Harvard Law School; and the board of trustees of the International Game Fish Association. 

A devoted philanthropist 

Jay Horgen, president and chief executive at AMG said: “His deep intellectual curiosity and creativity, delivered with a penetrating wit, were inspiring and created tremendous value for AMG stakeholders over the decades.  

“Sean transformed AMG from a nascent start-up into a leading global asset manager with an innovative partnership approach and unmatched track record of partnerships, providing solutions for independent, partner-owned investment firms from growth capital, to strategic support initiatives such as marketing and distribution, to succession planning – all while preserving their entrepreneurial spirit and culture.” 

Patrick Ryan, chairman of AMG’s board of directors, said: “Sean’s passion, creativity, and dedication extended far beyond his work at AMG; he was a devoted philanthropist, father, and husband.  

“When he was diagnosed with ALS, Sean did not miss a beat, channelling his leadership and entrepreneurial spirit into establishing The Sean M. Healey and AMG Center for ALS at Massachusetts General Hospital; which, typical of all of Sean’s work, has become an innovative force in medical treatment and is transforming therapeutic approaches for people affected by ALS.  

“His friendship and leadership will be deeply missed, and our thoughts are with his family.” 

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.