Exclusive Financial Advisor to Amplify ETFs
March 2022
Oppenheimer & Co. Inc. acted as Exclusive Financial Advisor to Amplify ETFs on its strategic minority stake sale to Samsung Asset Management
Samsung Asset Management (“Samsung AM”), the leading asset manager in Korea, has acquired a 20% equity stake in Amplify ETFs (“Amplify”) through its US-based SPV, Samsung Asset Management U.S. Holdings, Inc. With this transaction, Amplify and Samsung AM form a strategic business alliance in the ETF space. Samsung AM obtains exclusivity to provide Amplify products in Asia. In addition, both companies will jointly develop new products and marketing strategies.
Amplify ETFs, sponsored by Amplify Investments, has over US $4.4 billion in assets across its suite of ETFs (as of 12/31/2021). Amplify believes the ETF structure empowers investors through its efficiency, transparency and flexibility. Amplify ETFs deliver expanded investment opportunities for investors seeking growth, income, and risk-managed strategies.
Samsung Asset Management is the largest asset manager in Korea, with US $258 billion in AUM (as of 12/31/2021). With more than 300 investment professionals, the firm offers a full spectrum of investment strategies, across diverse asset classes ranging from equity, fixed income, alternative investments and multi-asset solutions via mutual funds, ETFs, and SMAs. Samsung AM currently has a global presence, with offices in Hong Kong, New York, and London.
Financial Institutions Investment Banking
Gilbert Dychiao
Managing Director, Head of FIG
Stefan Kuhar
Associate
Daniel Whelan
Analyst
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