Affiliated Managers raises earnings forecast

BOSTON Feb 10 (Reuters) - Affiliated Managers Group, (AMG.N), an investment holding company, said on Wednesday that it has roughly $300 million available for new deals and that its most recent deal will help boost earnings this year.

The company's chief financial officer told analysts on a conference call that it has raised its 2010 earnings forecast to $5.75 to $6.50, increasing the midpoint by 50 cents.

The company said on Wednesday it will pay $775 million for British private equity fund-of-funds manager Pantheon Ventures.

AMG shares rose almost 9 percent on news of the Boston company's latest overseas deal, which the company's chief executive officer said would not be its last. (Reporting by Svea Herbst-Bayliss; Editing by Derek Caney)