The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Midwest Fund Firm Files for an IPO Not Rated 4.0 Email Routing List Email & Route  Print Print
Wednesday, April 06, 2011

A Midwest Fund Firm Files for an IPO

Reported by Armie Margaret Lee

Artisan Partners [see profile] is taking the IPO path. Today, the Milwaukee-based firm filed papers with the SEC to raise up to $250 million in an IPO [ SEC filing] Citigroup Global Markets Inc. and Goldman, Sachs & Co. are serving as joint book-running managers of the offering.

Artisan's appointment last year of former Legg Mason executive C.J. Daley as its new chief financial officer triggered speculation that the company was putting itself on a path toward an IPO.

Mutual funds accounted for 55 percent of Artisan's total AUM of $57.5 billion as of end-2010. Artisan managed $31.4 billion in mutual fund assets and $26.1 billion in separate accounts as of December 31.

Artisan chalked up revenues of $382.3 million in 2010, according to the SEC filing.

Artisan is majority-owned by employees. In 2006, private equity firm Hellman & Friedman took a minority stake in the firm.

Andrew Ziegler and his wife Carlene Murphy Ziegler, both alums of Strong Funds, started Artisan Partners in 1994.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use