Calamos Asset Management plans to issue an IPO aimed at raising up to $100 million, according to a filing with the SEC. In the filing, Calamos said some of the proceeds will be used to expand its alternative investment business.
The company's assets under management surged to $32.3 billion as of June 30, from $9.3 billion at the end of 2001, helped by strong gains posted by its convertible bond and growth equity strategies. Officials at Calamos couldn't immediately be reached for comment.
