Silvercrest refiles for a $60 million IPO after withdrawing in late 2012

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Silvercrest Asset Management Group, an ultra high net worth individual-focused investment company with $11 billion in AUM, filed on Friday with the SEC to raise up to $60 million in an initial public offering. Silvercrest Asset Management Group initially filed in September 2012, set terms for a $55 million IPO in October, and withdrew in November.

The New York, NY-based company, which was founded in 2002 and booked $52 million in revenue for the 12 months ended 12/31/2012, 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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