Established in 1970, Analytic Investors is a $15 billion investment management firm offering a range of active quantitative equity investment solutions, including risk reduction, relative benchmark, and absolute return strategies. Today’s milestone follows the August 8, 2016, announcement of the agreement for WFAM to purchase Analytic Investors. The Los Angeles-based firm now joins Wells Fargo’s global asset management division that oversees more than US$481 billion in assets under management.*

Financial terms of the agreement have not been disclosed. Wells Fargo Securities served as exclusive financial advisor to Wells Fargo Asset Management in connection with the transaction, with Sullivan & Cromwell serving as legal counsel. Analytic Investors was assisted by financial advisors Colchester Partners and Valores Capital Partners. Legal counsel was provided by Proskauer Rose.