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Artisan Partners Asset Management Inc Announces Offering of Class A Common Stock

MILWAUKEE, Feb. 24, 2021 (GLOBE NEWSWIRE) Artisan Partners Asset Management Inc. (NYSE: APAM) (the “Company” or “Artisan Partners”) is announcing today that it has agreed to sell 963,614 shares of the Company’s Class A common stock (representing approximately 1% of the firm’s outstanding equity) and a selling stockholder has agreed to sell 146,466 shares of the Company’s Class A common stock in an underwritten public offering, for an aggregate offering size of 1,110,080 shares of the Company’s Class A common stock. The Company intends to use all of the net proceeds of the offering received by the Company to purchase 963,614 common units of Artisan Partners Holdings LP, the Company’s direct subsidiary, from certain limited partners, including employee-partners, of Artisan Partners Holdings LP. The completion of this transaction will increase the Company’s public float of Class A common stock by 963,614 shares. The C

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