ARTISAN PARTNERS LIMITED PARTNERSHIP

Thesis

Artisan Partners is a global, multi-asset investment management firm founded in 1994 and headquartered in Milwaukee, Wisconsin. It operates with a unique model centered around autonomous investment teams, each with its own distinct philosophy and process. The firm focuses on active investment management, aiming to provide high value-added investment strategies to sophisticated clients worldwide. Its strategy involves attracting and retaining talented investment professionals, granting them significant autonomy over their investment philosophies and portfolio construction. This 'open architecture' approach allows for the distribution of high-quality products through various channels. Artisan Partners manages a variety of strategies, including U.S., international, global, and emerging-markets equities, as well as credit and fixed-income strategies. While its client base is U.S.-anchored, its investment opportunity set and distribution footprint are global, with offices in North America, Europe, and Asia. As of March 31, 2026, Artisan Partners managed approximately $183.6 billion in assets under management (AUM). The firm is publicly traded on the NYSE under the ticker APAM.