Artisan Partners reported a net income of $3m or $0.19 per share for the first quarter ended 31 March 2013.
The company reported revenues of $148.2m for the first quarter of 2013, compared to $119.7m for the same period of 2012.
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For the first quarter of 2013, Artisan Partners posted an operating loss of $421.3m, compared to an operating income of $4.5m for the corresponding period of 2012.
Artisan Partners Asset Management president and CEO, Eric Colson, said: "Assets under management exceeded $80bn due to a strong combination of organic growth and market appreciation.
"Importantly, we had positive net client cash flows in 10 of our 12 strategies and 4 of 5 distribution channels, generated by clients domiciled in the US and abroad," Colson said.
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