Milwaukee, January 15, 2016 – Baird announced today that it has closed on the acquisition of Chautauqua Capital Management, a highly regarded global investment manager based in Boulder, Colo., announced last November.
Chautauqua Capital is led by Brian Beitner, Chief Investment Officer, and has built a nearly decade-long track record of risk-adjusted returns since inception of its International Growth Equities and Global Growth Equities strategies. Chautauqua Capital’s veteran investment team has made long-term commitments to Baird and has joined the firm as equity owners in the business.
“The ability to best serve our clients in a global economy has never been more important, and building out the capabilities of our Asset Management business is one of our top strategic priorities,” said Paul Purcell, Baird Chairman. “We’re very pleased to welcome the Chautauqua Capital team and its global and international equity asset management expertise to the firm.”
“Our new partnership with Baird has been well received by clients and consultants,” said Beitner. “They recognized that Baird’s back office services and support allows us to focus solely on the performance of our time-tested strategies.”
“We’ve heard very positive feedback from many of our partners and friends about Brian, his team and the track record they’ve assembled,” said Reik Read, Managing Director, Baird Equity Asset Management. “The positive affirmation underscores what we already knew – that our similar cultures, business model and focus on clients make for a very powerful partnership.”
To continue to benefit from its recognized name and track record as an institutional asset manager, Chautauqua Capital operates under the Chautauqua Capital Management name as part of Baird’s institutional equity asset management business.
Watch a video conversation with Brian Beitner discussing his firm's decision to become part of Baird.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 3,200 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $152 billion in client assets. Committed to being a great place to work, Baird ranked No. 5 on FORTUNE’s 100 Best Companies to Work For in 2015 – its 12th consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.