The initial public offering pace for asset managers is picking up this year, but who will file next?
Artisan Partners [see profile],
Manning & Napier [see profile] and
Oaktree Capital Management [see profile] have all filed their S-1s within the last several months, and
Pensions & Investments' Douglas Appell wonders if several other firms will join the rush, too. The piece also examines possible reasons for this rush.
Which other mutual fund firms might IPO soon? The trade pub points to
ING Investment Management [see profile]],
Old Mutual Asset Management [see profile] and
TCW Group [see profile] as firms whose execs have mentioned the IPO possibility.
Turner Investment Partners [see profile] withdrew its IPO attempt three years ago, and one off-the-record banker told the trade pub that
Dimensional Fund Advisors [see profile] might also be considering an IPO soon. Yet spokespeople for DFA and Turner insisted to P&I that they have "no plans" to go public.
For the story, several industry insiders and investment bankers weighed in, including:
Geoff Bobroff, president of
Bobroff Consulting;
Darlene Deremer, managing partner and advisory practice chief at
Grail Partners;
Aaron Dorr, managing director of asset manager investment banking at
Sandler O'Neill & Partners;
Benjamin Phillips, partner and research director at
Casey, Quirk & Associates;
Craig Sietenthaler, analyst in charge of asset management research for
Credit Suisse; and
John Temple, president of
Cambridge International Partners. 
Edited by:
Neil Anderson, Managing Editor
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