The Bank of New York, a global leader in securities servicing, has been selected by Calamos Asset Management, Inc. to provide stock transfer services for its initial public offering. Calamos provides investment advisory services through its subsidiaries to institutions and individuals, principally in the United States.
“We are pleased to be part of Calamos’ initial public offering and look forward to servicing their investor base on a long-term basis.” Gary Nazare, managing director and head of The Bank of New York’s Stock Transfer Division. “This appointment will allow Calamos’ shareholders to benefit from our knowledge and experience in providing top quality service and flexible technology solutions.”
As stated by the company, Calamos Asset Management, Inc. was founded in 1977, is based in Naperville, Illinois, and employs approximately 259 people. As of September 30, 2004, the company had $33.2 billion in assets under management. Calamos serves clients seeking risk-adjusted returns over the long term, and makes its strategies available to those clients by offering (directly and through intermediaries) mutual fund and separate account products for individual and institutional investors.