Financial News Shows Artisan Some Love
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Monday, June 10, 2013

Financial News Shows Artisan Some Love

Three months after launching its IPO, Artisan [profile] is getting points for how it does things.

For example, Financial News noted that the firm is run less as a single outfit but as a federation of its five affiliates.

"Groupthink is forbidden and central macroeconomic viewpoints are barred. The recipe works," writes Mike Foster.

Artisan raised $332 million during its IPO on March 7, selling 11.1 million shares at $30 each. It closed that day at $38.93, gathering kudos from observers.

Analysts rushed to cover the company mere weeks after its IPO launch.

Read more of the Financial News analysis here.

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