LOS ANGELES, Oct. 11, 2012 /PRNewswire/ -- Analytic Investors LLC, a leader in disciplined quantitative investment solutions to individuals and institutions, today announced a management buyback of the firm from Old Mutual Asset Management.
The transaction will enable Analytic Investors to continue offering investment solutions as an independent, employee-owned firm with the same management team, investment philosophy and commitment to outstanding client service. Founded in 1970, Analytic Investors has more than $6 billion in assets under management as of June 30, 2012 and serves institutional and mutual fund investors in the U.S., Canada, Japan, Australia and Europe.
"This is a new chapter in the firm's long and successful history," said Harin de Silva, President of Analytic Investors. "As a stand-alone boutique, we have an opportunity to build on our culture of success at Analytic, invest more in talent, and focus on developing a new generation of innovative products. The transaction provides Analytic Investors with greater flexibility to fulfill its long-term vision, and we believe it will be very beneficial to both our clients and employees."
The definitive agreement announced today with U.S.-based Old Mutual Asset Management will allow the management team to acquire the firm and its existing business. The transaction is expected to close by the end of 2012. Terms of the transaction were not discussed.
"As an independent firm, we will have more capabilities in seeking to deliver what our clients want – standout performance and great ideas," de Silva said. "We will now have the significant advantage of complete control over our destiny, greater latitude to hire and reward investment and research staff, and more freedom to pursue market opportunities."
About Analytic Investors LLC
Analytic Investors LLC employs a disciplined quantitative investment process in managing assets for institutional and mutual fund investors in the United States, Canada and Japan. Our Los Angeles-based firm offers a variety of Global and Regional investment products including Active Equity, Low Volatility Equity, Long Short Equity, as well as Option based strategies. Analytic Investors specializes in the application of modern quantitative tools. The firm believes that the use of such techniques allows it to fulfill clients' objectives through rational, systematic identification of market opportunities, while minimizing the impact of human emotions, which often dominate investment decision-making. The firm is considered a leader in the application of risk-managed investment strategies. As of June 30, 2012, the firm had approximately $6 billion under management. For more information please visit www.aninvestor.com.
SOURCE Analytic Investors LLC