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Silvercrest Asset Management files for a $60 million IPO

By Renaissance Capital,  September 18, 2012, 06:00:55 PM EDT

Silvercrest Asset Management Group, a financial advisory firm with over $11 billion of assets under management, filed on Tuesday with the SEC to raise up to $60 million in an initial public offering. The New York, NY-based company, which was founded in 2012 and booked $47 million in sales for the 12 months ended June 30, 2002, plans to list on the NASDAQ under the symbol SAMG. Sandler O'Neill and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, IPOs

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