SalemNews.com, Salem, MA

Local News

May 3, 2013

Beverly firm to donate up to $200,000 for marathon victims

BEVERLY — Affiliated Managers Group announced Tuesday that it will donate $100,000 and match up to $100,000 of its employee donations for The One Fund Boston.

The fund was set up by Gov. Deval Patrick and Boston Mayor Tom Menino to assist victims of the Boston Marathon bombings and has raised more than $26 million.

“When you first hear the news, your heart goes out to the victims and their families, and the first thing you think of is how can you help,” said Sean Healey, chairman and CEO of Affiliated Managers Group. “We’re so grateful The One Fund Boston has been established. It allows us to do that in a very direct and effective way.”

AMG is a global asset management company based in Beverly.

Like many people, Healey said he knows a number of people who have been affected by the bombings. One friend, who was running in the marathon, was injured and has undergone several surgeries, he said.

“Thank God she is going to recover from this,” he said. “It’s been a horrible ordeal. That kind of personal connection obviously makes us even more pleased to be able to support in this way.”

The donation was announced on the same day that the company announced its quarterly earnings. AMG had revenues of $502 million.

“It makes you realize there’s all the more reason to support in any way that we can,” Healey said. “We feel that what we’re doing is the responsible thing to do for corporate citizens. We certainly are just one of a number of fine companies which have made donations.”

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