Artisan International Value Fund Advisor Class (APDKX) is an open-end mutual fund managed by Artisan Partners Limited Partnership that seeks maximum long-term capital growth through investments in undervalued common stocks and other equity securities of non-U.S. companies, with at least 80% of its assets allocated to such securities under normal market conditions; the fund emphasizes a bottom-up, company-specific investment process rather than country or regional selection, primarily targeting developed markets while permitting exposure to emerging and less developed markets. It offers share classes including Advisor (APDKX), Institutional (APHKX), and Investor (ARTKX), featuring holdings such as Danone SA, Samsung Electronics Co Ltd, Novartis AG, ABB Ltd, and Unilever PLC, alongside a significant cash position; the fund maintains a blend style within the foreign large-blend category, with total net assets exceeding $41 billion across classes as of recent reports. Artisan Partners Limited Partnership, founded in 1994 and headquartered in Milwaukee, Wisconsin, serves as the investment adviser, providing a range of high value-added strategies across equities, fixed income, and alternatives to institutional and individual investors globally.
The fund operates within Artisan Partners' broader platform, which manages approximately $182.6 billion in assets under management as of October 2025, with geographic focus on international equities across Europe, Asia, and other non-U.S. regions. In a key recent development, Artisan Partners announced in November 2025 a definitive agreement to acquire Grandview Property Partners, a U.S.-based real estate private equity firm, marking its expansion into private real estate with approximately $940 million in added institutional assets; the transaction, expected to close in Q1 2026, aligns with Artisan's strategic growth into alternative investments including private credit and secondaries. Additional recent initiatives include strong net inflows of $700 million into emerging markets strategies in 2025, product modernization efforts such as new ETFs and semi-liquid vehicles, and targeted business development in regions like the U.K. and Middle East, supporting overall platform diversification.