Davis Polk & Wardwell LLP advised Artio Global Investors Inc. on its SEC-registered follow-on public offering of 3,770,229 shares of Class A common stock for a price to the public of $17.33 per share. The underwriters also have an option to purchase an additional 565,534 shares from Artio Global Investors pursuant to an over-allotment option. The shares are listed on the New York Stock Exchange under the symbol “ART.” Goldman, Sachs & Co. was the sole global coordinator and bookrunner of the offering, and BofA Merrill Lynch and J.P. Morgan were co-managers of the offering.

The net proceeds of the offering were used to purchase 3,770,229 shares of Class A common stock from Richard Pell, Artio's Chairman, Chief Executive Officer and Chief Investment Officer, and Rudolph-Riad Younes, Artio's Head of International Equity.

Artio Global Investors Inc. is the indirect holding company of Artio Global Management LLC, a registered investment adviser headquartered in New York City that actively invests in global equity and fixed-income markets, primarily for institutional and intermediary clients. As of May 31, 2010, Artio Global Management had $50.3 billion in assets under management.

The Davis Polk corporate team included partner Michael Kaplan, associates Connie I. Milonakis, James P. Richards, Britton M. Sellers and summer associate Mari Byrne. Partner Harry Ballan and associate Catherine Paskoff Chang provided tax advice. Associate Catherine L. Martin provided Investment Company Act advice. Gwendolyn P. Ranada was the legal assistant for the transaction. All members of the Davis Polk team are based in the New York office except Ms. Milonakis who is based in London.