Simpson Thacher represented New Holland Capital (“NHC”) in connection with its initial strategic investment in the form of a note convertible into a 24.99% economic interest in NHC by AGF Management Limited (“AGF”). The transaction further grows AGF Capital Partners’ (f/k/a AGF Private Capital) alternatives business with the addition of absolute return-focused strategies and specialized credit investments. The arrangement also provides AGF with the option to subsequently increase its ownership stake.~~NHC is an alternative investment manager that manages over $5 billion in absolute return strategies for institutional clients. The firm seeks to generate alpha across a wide set of diversifying strategies, with a preference for niche, capacity constrained opportunities often with emerging portfolio managers.~~Founded in 1957 and headquartered in Toronto, Canada, AGF has investment operations and client servicing teams in North America and Europe. With over $43 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors.~~The Simpson Thacher team for the transaction included Ryan Williams, Irina Nica and Lenny Licht (Fund Transactions); Olga Gutman and Catherine Kidd (Funds); Jonathan Goldstein, Jacqueline Clinton and Matthew Lester (Tax); and Lori Lesser and Rachelle Broida (IP).