Silvercrest prices below the range at $11


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Silvercrest Asset Management, an investment company with $13.6 billion in AUM for ultra high net worth individuals, raised $53 million by offering 4.8 million shares at $11, below the range of $12 to $14. Silvercrest Asset Management plans to list on the NASDAQ under the symbol SAMG. Sandler O'Neill and Raymond James acted as lead managers on the deal.

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

This article appears in: News Headlines , IPOs

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