MutualFundWire.com: Artisan Still Could IPO for $250 Million
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, September 15, 2011

Artisan Still Could IPO for $250 Million


Artisan Partners Asset Management [see profile] just confirmed its planned rough initial public offering size. On Monday the Milwaukee, Wisconsin-based mutual fund firm updated its S-1 form with the Securities and Exchange Commission (SEC), including a maximum size of the IPO of $250 million but without an IPO date [see filing].

Dow Jones and the Milwaukee Business Journal both reported on the latest update.

Artisan first filed in April to IPO, also with a maximum IPO size of $250 million, before this summer's market volatility [see MFWire.com, 4/6/2011].

According to the new filing this week, Artisan boasted almost $63.65 billion and 249 employees as of June 30, 2011. It brought in $233.2 million in revenue and $44.2 million in net income for the first half of 2011, up from $182.9 million and $25.5 million a year ago, respectively.


Printed from: MFWire.com/story.asp?s=37812

Copyright 2011, InvestmentWires, Inc.
All Rights Reserved
Back to Top