MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 18, 2012 Colson Keeps Artisan's IPO Alive Artisan Partners [profile] withdrew its initial public offering filing last year, yet perhaps IPOing isn't completely gone from the Milwaukee-based mutual fund shop's future. Rich Kirchen of the Milwaukee Business Journal reports that Artisan chief Eric Colson and his team are "still considering [an] IPO." The Journal interviewed San Francisco-based Colson about his plans for Artisan. "If it makes sense to evolve our current equity security to the public markets for the benefit of attracting and retaining talent, we will," Colson told the paper. Artisan pulled its IPO in December of last year. That was just a month after Manning & Napier floated its shares to a lukewarm reception in the market. Colson keeps an office in San Francisco, but he told the paper that Artisan is committed to Milwaukee, where it houses the bulk of its business operations, including IT, accounting, legal. Artisan's growth equity portfolio team also remains in Wisconsin. Meanwhile, Artisan is seeing growth outside of the U.S. "Our non-U.S. client base has grown from 1 percent to 8 percent of assets," he told the paper. Printed from: MFWire.com/story.asp?s=40056 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |