Hellman & Friedman Paring Down Artisan Partners Stake
October 31, 2013
Artisan Partners Asset Management (NYSE: APAM) is selling 4.8 million shares of its Class A stock to purchase shares of its convertible preferred stock and preferred units owned by Hellman & Friedman. Artisan Partners is a global investment management firm based in Milwaukee. The company, which has been backed by Hellman & Friedman since 2006, went public earlier this year.