ADDED
There were 35,722,568 shares of the registrant s shares of common stock outstanding on February 25, 2026.
Management's Discussion and Analysis of Financial Condition and Results of Operations 33 Item 7A.
Acadian LLC Acadian LLC, founded in 1986, is a leading systematic investment manager with approximately $178 billion in AUM as of December 31, 2025.
Acadian LLC manages strategies in developed and developing markets.
Equity, Global Equity, Small Cap Equity, Enhanced Equity, Equity Extensions, Systematic Credit, and Alternatives.
The firm s clients were domiciled in more than 40 countries across the globe as of December 31, 2025.
For the period January 1, 2020 to December 31, 2025, we repurchased approximately 58% of our shares.
Within this channel, we have strong relationships in the public/government pension market and the corporate plan market, which comprise a substantial portion of the institutional investment market overall, particularly in the U.S.
While we market primarily to institutional investors, we also participate in the individual investor market via the sub-advisory and wealth/other channels, which together represent almost 20% of our AUM.
Clients within these channels include registered investment advisors, private banks, high net-worth clients, family offices, and defined contribution clients on certain platforms.
REMOVED
There were 37,491,828 shares of the registrant s shares of common stock outstanding on February 25, 2025.
Management's Discussion and Analysis of Financial Condition and Results of Operations 30 Item 7A.
4 EXPLANATORY NOTE Effective January 1, 2025 the Company changed its name from BrightSphere Investment Group Inc.
As part of the rebranding process, the Company s New York Stock Exchange symbol changed from BSIG to AAMI.
The New York Stock Exchange symbol for the Company s 4.800% notes due 2026 changed from BSIG 26 to AAMI 26.
Acadian LLC Acadian LLC, founded in 1986, is a leading systematic investment manager with approximately $117 billion in AUM as of December 31, 2024.
Acadian LLC manages strategies in developed and developing markets, including global, emerging market, international, and small cap equities, as well as credit and alternative strategies.
The firm s clients were domiciled in approximately 40 countries across the globe as of December 31, 2024.
For the period January 1, 2020 to December 31, 2024, we repurchased approximately 59% of our shares.
Within this channel, we have strong relationships in the public/government pension market (43% of our AUM as of December 31, 2024) and the corporate plan market (13% of our AUM as of December 31, 2024), which comprise a substantial portion of the institutional investment market overall, particularly in the U.S.