The story
In 1994, Andrew Ziegler, the President of Strong Capital Management left the firm to found Artisan Partners with his wife Carlene who also worked at the firm as a portfolio manager.
In 1995, Artisan partners started its first fund strategy in small-cap growth equity for American companies.
In 2002, Artisan partners added a global value team to focus on markets outside the United States.
In 2006, Hellman & Friedman took a minority stake in Artisan Partners. In the same year, Artisan Partners added an emerging markets team via a liftout from DuPont Capital Management.
In 2008, Carlene Ziegler retired from the company to focus on her family's charitable foundation.
In 2010, Andrew Ziegler stepped down from his role as CEO to take the new role of executive chairman and was succeeded by Eric Colson.
In April 2011, Artisan Partners filed for an initial public offering (IPO). However, in December, it withdrew its IPO plans citing unfavourable market conditions.
In November 2012, Artisan Partners made a second attempt to go public. On March 7, 2013, it successfully listed on the New York Stock Exchange (NYSE) opening at $35.20 per share which was 17% above its $40 offer price and raised a total of $332 million. The company planned to the proceeds to repay debt, buy back shares from early investors and pay a distribution to pre-IPO partners
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In 2014, Artisan Partners which up to this point only handled equity investments, added a credit team to invest in high-yield debt. In the same year Andrew Ziegler stepped down as executive chairman after selling 1.4 million shares during a secondary market offering.
In September 2018, Artisan Partners restructured its Global Value team into two groups. One will invest outside of American markets while the other will focus on American markets.
In June 2023, Artisan Partners became a member of the S&P 600 index.
From Wikipedia’s article on Artisan Partners, shared under CC BY-SA 4.0.7