Item 1.01 Entry into a Material Definitive Agreement.
On December 7, 2021, Artisan Partners Holdings LP ("Holdings"), of which Artisan
Partners Asset Management Inc. is the sole general partner, entered into a Note
Purchase Agreement (the "Agreement") with the note purchasers named therein, a
number of which are also parties to Holdings' Note Purchase Agreement dated June
6, 2019. Pursuant to the Agreement, Holdings agreed to issue $90 million of
Series F Senior Notes in a private placement transaction on August 16, 2022,
subject to the satisfaction of certain customary closing conditions.
The Series F Notes will bear interest at a rate of 3.10% per annum and will
mature on August 16, 2032. In addition to other covenants, the Agreement
contains the following financial covenants:
•Holdings will not permit its Leverage Ratio (as defined in the Agreement) on
any date to exceed 3.00 to 1.00.
•Holdings will not permit its Interest Coverage Ratio (as defined in the
Agreement) in respect of any period of four consecutive fiscal quarters to be
less than 4.00 to 1.00.
The Agreement includes customary events of default. Upon an event of default,
the Series F Notes then outstanding generally will become due and payable. In
addition, in the event of a Change in Control (as defined in the Agreement) or
if Artisan's average AUM for a fiscal quarter is below $45 billion, Holdings
will generally be required to offer to pre-pay the notes. Artisan Partners
Limited Partnership, a wholly-owned subsidiary of Holdings, will guarantee
Holdings' obligations under the terms of the Agreement. This summary of the
Agreement is qualified in its entirety by reference to the terms of the
Agreement attached hereto as Exhibit 10.1, which is incorporated herein by
reference.


Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an
Off-Balance Sheet Arrangement.
The information included in Item 1.01 above is incorporated by reference into
this Item 2.03.

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Item 9.01 Financial Statements and Exhibits


  Exhibit Number          Description of Exhibit
                            Note Purchase Agreement, dated as of December 7, 2021, among Artisan
       10.1               Partners Holdings LP and the purchasers listed therein
        104               Cover Page Interactive Data File (embedded within

the Inline XBRL document)

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