AIM Management Group Inc.

Details

Sector(s) | Subsector(s) Financial Services | Investment and Wealth Management
Investment Year 1993
Status Past | Acquired by AMVESCAP PLC
Location Houston, TX
Region North America

AIM Management Group (now Invesco Ltd.) was a sponsor of mutual funds and other investment products.

TA's investment in AIM provided liquidity to two foreign shareholders and increased management ownership from 40% to 72%. When AIM and INVESCO Plc combined in February 1997 to form Invesco Ltd. (NYSE:IVZ), TA was Invesco’s largest shareholder. The merger created a publicly-traded global firm, now with over $900 billion in assets under management.