1 October 2020
New York, New York. Artisan Partners announced today that the Artisan Partners Thematic Team has been renamed the Antero Peak Group. The name of the fund managed by the team, Artisan Focus Fund, will not change. The Antero Peak Group is led by portfolio manager Chris Smith, who joined Artisan Partners to found the team in 2016.
The team has marked many milestones in the last year, including the celebration of its three-year anniversary, the addition of exceptional talent and the expansion of its footprint with the opening of its new Denver office. In honor of these landmark events, the team has changed its name to better express its strategic vision. There will be no changes to the investment objectives, strategies or philosophy and process the team applies to the portfolio it manages.
Mr. Smith explained, “The constant pursuit of excellence is a core value of the team as we seek to grow as individuals, investors and partners to our clients. The spirit of this tenet demands that we continually iterate and evolve, and our proactive name change to the Antero Peak Group is a reflection of this core value.”
Artisan Partners CEO Eric Colson added, “Artisan is proud to operate a flexible business model that allows its autonomous investment teams to express their philosophical beliefs while supporting them with a high-quality, centralized infrastructure. We empower our teams to create brands that best embody their investment culture and capabilities, and the Antero Peak Group’s decision to rename itself is a testament to that.”
A non-diversified portfolio may invest a larger portion of assets in securities of a smaller number of issuers and performance of a single issuer may affect overall portfolio performance greater than in a diversified portfolio. The portfolio’s use of derivative instruments may create additional leverage and involve risks different from, or greater than, the risks associated with investing in more traditional investments. High portfolio turnover may adversely affect returns due to increased transaction costs and creation of additional tax consequences. Securities of small- and medium-sized companies tend to have a shorter history of operations, be more volatile and less liquid and may have underperformed securities of large companies during some periods. International investments involve special risks, including currency fluctuation, lower liquidity, different accounting methods and economic and political systems, and higher transaction costs. These risks typically are greater in emerging markets.