MILWAUKEE, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Artisan Partners Asset
Management Inc. (NYSE: APAM) announced today that Rezo Kanovich is joining the firm as a managing director and portfolio manager. Effective October 15, 2018, Mr. Kanovich will be named sole portfolio manager for the Artisan Non-U.S. Small-Cap Growth Strategy, including the Artisan International Small Cap Fund, and the strategy and fund will re-open to new investors. In addition, during the fourth quarter, Artisan Partners expects to change the strategy's name and certain investment restrictions to reposition the strategy as a small- and mid-capitalization strategy with greater degrees of freedom. At Artisan Partners, Mr. Kanovich will be supported by a dedicated team of research analysts who will report directly to him.
Prior to joining Artisan, Mr. Kanovich was portfolio manager of the Oppenheimer International Small-Mid Company Fund, which he led for over six years beginning in January 2012. He has 18 years of investment management experience. Mr. Kanovich holds a bachelor's and a master's degree from Brandeis University, and a Master of Business Administration from the University of Pennsylvania.
Portfolio Manager Mark Yockey remarked, "I have been impressed with Rezo's portfolio management abilities and research perspectives and look forward to collaborating with him in the future."
Eric Colson, President and CEO of Artisan, commented, "Rezo is a natural fit for our talent-driven business model. He brings to Artisan a well-defined investment philosophy that aligns with the Global Equity team's focus on companies that offer long-term opportunities for growth. In addition, he brings a track record of successfully managing a differentiated portfolio of international small- and mid-cap stocks. We are confident that our partnership with Rezo will result in successful long-term outcomes for our clients, investors and the firm."
About Artisan Partners
Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners' autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates.
Certain statements in this release, and other written or oral statements made by or on behalf of the Company, are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and our future performance, as well as management's current expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are only predictions based on current expectations and projections about future events. These forward-looking statements are subject to a number of risks and uncertainties, and there are important factors that could cause actual results, level of activity, performance, actions or achievements to differ materially from the results, level of activity, performance, actions or achievements expressed or implied by the forward-looking statements. These factors include: the loss of key investment professionals or senior management, adverse market or economic conditions, poor performance of our investment strategies, change in the legislative and regulatory environment in which we operate, operational or technical errors or other damage to our reputation and other factors disclosed in the Company's filings with the Securities and Exchange Commission, including those factors listed under the caption entitled "Risk Factors" in Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed with the SEC on February 21, 2018. The Company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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