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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Ford Investor Services, Inc.

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Artisan Partners Asset Management Inc Prices Initial Public Offering

Wednesday, 6 Mar 2013 06:54pm EST 

Artisan Partners Asset Management Inc announced the pricing of its initial public offering of 11,054,156 shares of Class A common stock at a price to the public of $30.00 per share. The Company has granted the underwriters an option to purchase up to 1,658,123 additional shares at the initial public offering price less underwriting discounts and commissions. The Company's Class A common stock is expected to begin trading on the New York Stock Exchange under the symbol "APAM" on March 7, 2013. The offering is expected to close on March 12, 2013. Artisan Partners Limited Partnership ("Artisan Partners"), the Company's primary operating entity upon completion of the initial public offering, is an independent investment management firm focused on providing high value-added, active investment strategies to sophisticated clients globally. Artisan Partners has five autonomous investment teams that oversee twelve distinct U.S., non-U.S. and global investment strategies. Each strategy is offered through multiple investment vehicles, including Artisan Partners Funds, Inc., to accommodate a broad range of client mandates. As of February 15, 2013, Artisan Partners had approximately $79.5 billion in assets under management. 

Company Quote

-0.1 -0.19%
19 Sep 2014