Investment Banking
Exclusive Financial Advisor to Amplify ETFs
June 27, 2023
Oppenheimer & Co. Inc. acted as Exclusive Financial Advisor to Amplify ETFs on its acquisition of ETF Managers Group (“ETFMG”)
Amplify and ETFMG announced a definitive agreement under which Amplify ETFs will acquire ETFMG’s exchange-traded funds (ETFs) lineup. Amplify will nearly double its product suite and AUM through the acquisition of many first-to-market, innovative and transformational strategies that complement its current suite of income, thematic and core ETF offerings.
Amplify ETFs, sponsored by Amplify Investments, manages over $4.2 billion in assets across a suite of 15 ETF products (as of 5/31/2023). Amplify believes the ETF structure empowers investors through efficiency, transparency and flexibility. Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income and risk-managed strategies.
Founded in 2012, ETFMG is an ETF sponsor and services provider with a vision of developing innovative thematic ETFs that provide investors unique exposure to new markets. Today, the ETFMG fund lineup has over $3.6 billion in assets that provide access to a diverse collection of global themes and is comprised of 80% first-to-market products. ETFMG turns portfolio management strategies into successful ETFs by partnering with market segment experts to bring long-term growth opportunities to investors.
Amplify will have over $7.5 billion in combined assets after the completion of the acquisition, which is expected to close later this year.
Financial Institutions Investment Banking
Gilbert Dychiao
Head of Financial Institutions Group, Managing Director
Stefan Kuhar
Associate
Dan Whelan
Associate
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