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

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

Rating:Calamos Drums Up a Midwestern Acquisition Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, January 23, 2019

Calamos Drums Up a Midwestern Acquisition

Reported by Neil Anderson, Managing Editor

John Calamos and his team are closing in on an acquisition in Wisconsin.

John P. Calamos, Sr.
Calamos Investments
Chairman, Global Chief Investment Officer
Naperville, Illinois-based Calamos Investments [profile] has agreed to acquire Milwaukee-based Timpani Capital Management, founder and global co-chief investment officer John Calamos confirmed on Friday. Timpani specializes in small and smid-cap growth investing.

The pricing, terms, and expected timing of the deal were not disclosed.

Brandon M. Nelson
Timpani Capital Management
Co-Founder, Chief Investment Officer, Portfolio Manager
BizTimes, CityWire, and Pensions & Investments reported on the deal.

Timpani had $612 million in AUM and ten employees as of its latest form ADV, filed with the SEC in March 2018. Growth Investment Managers (which in turn is between 50- and 75-percent owned by Brandon Nelson, co-founder, chief investment officer, and PM of Timpani) is listed as owning 75 percent or more of Timpani, while Frontier One (which in turn is between 50- and 75-percent owned by Frontier Partners president Bill Forsyth) is listed as owning between 25 percent and 50 percent of the company. The firm launched on April 1, 2008. And the firm's name comes from Nelson's love of drumming. (He even played snare drum in the University of Wisconsin Marching Band once upon a time.)

John S. Koudounis
Calamos Investments
CEO
According to Calamos' latest form ADV, filed last April with the SEC, the firm at the time had $20.166 billion in AUM. Calamos had 329 full-time employees as of June 30.

Timpani is a focused active manager that offers institutional SMAs and subadvises a Frontier mutual fund, the Frontier Timpani Small Cap Growth Fund, which comes in at least three share classes. According to an SEC filing today, thanks to the pending deal, this quarter the fund's board will consider letting Calamos adopt the mutual fund (i.e. merging the fund into a to-be-created Calamos fund), then in Q2 they'll put the question to the fund's shareholders.

William Forsyth
Frontier Partners
President
John Calamos describes the Timpani team as "a welcome addition" to Calamos. John Koudounis, CEO of Calamos, says that the deal adds "strong talent and innovative investment thinking" to Calamos.

"In joining forces with Calamos, I, along with my team, will be able to remain focused on our investment mandates while we benefit from the resources and synergies of a larger company that has been serving investors for more than 40 years," Nelson states. "Moreover, Calamos and Timpani hold similar investment philosophies, embracing active, high conviction growth investing while also sharing similar corporate cultures and values, assuring us of a smooth transition." 

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

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q2Q1
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:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Gamification of Securities Trading: Fad or the Future?, April 14
  2. IDC Speaker Series - Diversity, Inclusion, and Implicit Bias: An Interview with Song Richardson, April 14
  3. IDC Virtual Roundtable: New Jersey and Pennsylvania - April 2021, April 15
  4. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  5. The 31st Sub-Advised Funds Forum, Apr 20-21
  6. ETF.com Awards 2020, April 20
  7. IDC Virtual Roundtable: Florida - April 2021, April 20
  8. IMEA Marketing Council Roundtable | Engaging Advisors In a Virtual World, April 21
  9. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  10. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  11. IDC Virtual Roundtable: Alabama, Georgia, North Carolina, and South Carolina - April 2021, April 22
  12. IDC Webinar: The Future of the Workplace - April 2021, April 23
  13. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  14. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  15. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  16. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  17. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  18. ICI 2021 General Membership Meeting - Day 1, May 6
  19. Emerging Manager Forum USA, May 12-14
  20. ICI 2021 General Membership Meeting - Day 2, May 13
  21. 2021 FINRA Annual Conference, May 18-20
  22. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  23. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  24. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20




©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