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MFWire: American Beacon Funds
MUTUAL FUND FAMILY PROFILES [BETA]
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American Beacon Advisors
220 E Las Colinas Blvd.
Suite 1200
Irving, TX  75039
Google Maps

Contact
Main Phone: 800-967-9009
Web Site: https://www.americanbeaconfunds.com

Mutual Fund Brand(s)
American Beacon Funds

Research Links
  • SEC Fund Filings by CIK

  • Background:
    Manager-of-managers American Beacon Advisors is a subsidiary of Resolute Investment Managers, a private equity-backed, multi-affiliate investment management parent company. American Beacon's focus, as chief Gene Needles puts it, is on finding "under-appreciated, under-distributed investment excellence."

    American Beacon was born as AMR Investments in November 1986, as a unit of American Airlines parent AMR Corp. Investment officers' success in managing the operating funds of AMR Corp.'s treasury department resulted in the formation of AMR Investments, originally led by Bill Quinn. AMR Investments' no-load mutual fund family, originally called the American AAdvantange Funds, was born in July 1987.

    AMR Investments rebranded to American Beacon Advisors in 2005, and the mutual fund family became known as the American Beacon Funds.

    In January 2008, Quinn stepped down as American Beacon's president and CEO but stayed on as chairman. In September 2008, AMR. Corp sold American Beacon to Lighthouse Holdings for $480 million. Lighthouse, in turn, was owned by investment funds affiliated with Pharos Capital Group, LLC and TPG Capital.

    Private equity firms Kelso & Company and Estancia Capital Management bought American Beacon from Lighthouse in April 2015, and the rumored price tag on the deal was $600 million or more. American Beacon's new holding company, Astro AB Borrowers, eventually rebranded as Resolute in April 2017.

    Since the Estancia and Kelso deal, American Beacon has gained three siblings through M&A, and in all three cases the management teams of those siblings retain substantial stakes in their firms:

    • -In July 2016 Astro AB bought a minority stake in ARK Investment Management, a New York City-based active ETF shop;


    • -In October 2016, Astro bought a majority stake in Crest Investment Partners, now called Alpha Quant Advisors, a Palm Beach-based quantitative, fundamental investing shop; and


    • -In April 2017, Astro AB rebranded as Resolute and bought a majority stake in Shapiro Capital Management, an Atlanta-based high-conviction fundamental separate account manager.

    Sponsored Opportunities



    Key People:
    Gene Needles
    Chairman, President and CEO, American Beacon Advisors
    Brian Brett
    Head of Distribution, VP, Sales, American Beacon
    Jeffrey Ringdahl
    Chief Operating Officer, American Beacon Advisors
    Paul Cavazos
    Chief Investment Officer, American Beacon Advisors
    Rosemary Behan
    Vice President, Legal and Compliance, AMERICAN BEACON ADVISORS, INC.
    Terri McKinney
    Vice President, Enterprise Services, American Beacon Advisors
    Melinda Heika
    Vice President, Finance and Accounting, American Beacon Advisors
    Erica Duncan
    Vice President, Marketing & Client Service, American Beacon Advisors
    Story Archive for American Beacon Advisors
    Published On Story Headline Publication
    9/15/2017 New Fund Fuss - September 15, 2017 MFWire.com
    9/13/2017 Filings For Fundsters - September 13, 2017 MFWire.com
    8/31/2017 Filings For Fundsters - August 31, 2017 MFWire.com
    8/25/2017 Filings For Fundsters - August 25, 2017 MFWire.com
    8/17/2017 As a Philly Bank Enters, a $2.5B Chi-Town Shop Exits MFWire.com
    5/11/2017 After a Third Deal, an Aggressive Acquirer Resolves to Keep Hunting MFWire.com
    4/3/2017 An $11B London Shop Debuts in the U.S. MFWire.com
    3/30/2017 The New Fund Fuss - March 30, 2017 MFWire.com
    3/24/2017 Vanguard, Nuveen, and Morgan Stanley Win Big in Gotham MFWire.com
    2/15/2017 A Deep Dive Into Fidelity's New Platform MFWire.com
    9/21/2016 After Two American Beacon Deals, Needles Is Hiring MFWire.com
    9/19/2016 Needles Makes American Beacon's 2nd Deal Ever MFWire.com
    7/29/2016 Three Factors Drove This ETF Shop's Deal MFWire.com
    7/18/2016 American Beacon Just Invested In a Gotham Startup. Here's Why. MFWire.com
    7/14/2016 Needles Buys Into an ETF ARK MFWire.com
    6/15/2016 This Subadvised Fund Shop Is Poised To Do Its First Deal Or Two MFWire.com
    6/1/2016 Needles Hires a Non-Fundster For the American Beacon C-Suite MFWire.com
    3/23/2016 101 Fund Families Win in Gotham MFWire.com
    1/21/2016 This $174MM American Beacon Fund Will Shut Down Soon MFWire.com
    8/31/2015 American Beacon Prepares to Adopt a Growth Fund MFWire.com
    5/5/2015 Needles Sticks With His American Beacon Growth Plans, Under New PE Ownership MFWire.com
    5/1/2015 Next For Eaton Vance: a WiFi-Like Alliance? MFWire.com
    10/7/2013 American Beacon Unveils an Emerging Markets Product MFWire.com
    10/2/2013 Needles Envisions an Actively Managed Renaissance MFWire.com
    9/17/2013 A Fidelity Fund gets a New Co-Manager MFWire.com
    8/15/2013 American Beacon Limits Purchases of a Fund MFWire.com
    4/17/2013 The Next Gig for the Week of April 17, 2013 MFWire.com
    10/2/2012 American Beacon Finds Its Way To Alts MFWire.com
    10/2/2012 Why Create When You Can Adopt? MFWire.com
    7/18/2012 Stork and Reaper for July 18, 2012 MFWire.com
    2/29/2012 American Beacon Wraps Up an Adoption Deal MFWire.com
    2/6/2012 American Beacon Takes Over a Large Value Fund MFWire.com
    1/12/2012 American Beacon Works on Four Fund Adoptions MFWire.com
    12/27/2011 Jaffe Rehashes Mutual Fund Implosions MFWire.com
    9/16/2011 American Beacon Penns a New Sub-Advisory Deal MFWire.com
    9/15/2011 American Beacon Puts its Sub-advisors in the Spotlight MFWire.com
    8/3/2011 Which Small-Cap Funds Dominate in 401ks? MFWire.com
    7/11/2011 American Beacon Unveils an Unconstrained Bond Fund MFWire.com
    6/1/2011 Which TIPS Funds Are Rolling in 401k Dough? MFWire.com
    3/23/2011 American Beacon Preps an Absolute Strategies Fund MFWire.com
    2/15/2011 American Beacon Adds a Fixed Income Fund to its Lineup MFWire.com
    12/3/2010 American Beacon Shows MetWest Capital the Door MFWire.com
    11/17/2010 54. Gene L. Needles Jr. MFWire.com
    9/1/2010 American Beacon Unveils a Small-Cap Fund MFWire.com
    8/4/2010 American Beacon Bulks Up MFWire.com
    6/16/2010 American Beacon Execs Fly to the Big Apple MFWire.com
    6/1/2010 Openings and Closings: June 1, 2010 MFWire.com
    6/1/2010 Ibbotson Starts Work for American Beacon MFWire.com
    4/13/2010 Sentinel Makes a DC I-O Sales Hire 401kWire.com
    3/2/2010 Needles Taps a Fellow Touchstone Alum for a Key Post at American Beacon MFWire.com
    3/2/2010 American Beacon Unveils a Global Real Estate Fund MFWire.com
    12/15/2009 American Beacon Adds a Second Sub-Advisor to a $156 Million Fund MFWire.com
    10/13/2009 SEI Collects CIT Managers 401kWire.com
    10/9/2009 Grail Builds Another Active Bond ETF MFWire.com
    10/5/2009 Grail Files to Launch Two A Pair of Active Bond ETFs MFWire.com
    9/30/2009 Four More Active ETFs Hit the Market MFWire.com
    6/9/2009 Grail Plots Four New Active ETFs MFWire.com
    4/28/2009 Another Fund Watcher Points to Rising Fees MFWire.com
    4/14/2009 An Ex-Merrill CEO Joins a Fund Firm's Board MFWire.com
    4/8/2009 DWS Replaces a Fund's Subadvisor of 21 Years MFWire.com
    4/7/2009 Fundsters Weigh in on Possible Changes in an Index's Composition MFWire.com
    3/31/2009 Another Fund Firm Hikes Fees MFWire.com
    3/30/2009 American Beacon Preps a Pair of Moves to Boost its Retirement Business 401kWire.com
    3/6/2009 American Beacon Goes Retail With Two Funds MFWire.com
    3/4/2009 American Beacon Rebrands Two Share Classes MFWire.com
    10/20/2008 Ex-AIM Sales Chief Lands at Touchstone MFWire.com
    9/15/2008 American Beacon Takes Flight MFWire.com
    9/15/2008 Now Off the AA Fleet, American Beacon Keeps its 401k Ties to the Airline 401kWire.com
    9/9/2008 Smelling Opportunities, American Beacon Reopens the Gates to a Fund MFWire.com
    4/18/2008 American Beacon Buyer Steps Aside from Fund Board Post MFWire.com
    4/17/2008 American Airlines Parent Hires a Plan Fiduciary Consultant 401kWire.com
    4/17/2008 Deal Lifts Cloud Over American Beacon MFWire.com
    4/16/2008 Who Bought American Beacon? MFWire.com
    4/16/2008 UPDATE 1| Private Equity Buys American Beacon MFWire.com
    4/16/2008 Private Equity Gains a Foothold in 401k Through American Beacon 401kWire.com
    3/7/2008 American Beacon Puts its Black Book Back in Circulation MFWire.com
    3/5/2008 American Beacon Unveils a New FA Website MFWire.com
    1/17/2008 Herring Moves into the CEO Spot at American Beacon MFWire.com
    12/7/2007 All-American Fund Company Jobs MFWire.com
    9/17/2007 American Beacon Money Market Funds Make a Mark MFWire.com
    3/16/2007 Sponsor Flies Towards Auto 401kWire.com
    8/29/2005 American Beacon Adds Subadvisors MFWire.com
    2/18/2005 Losing the AAdvantage MFWire.com
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