NEW YORK (HedgeWorld.com)–Calamos Asset Management Inc., a manager of convertible arbitrage and other strategies in a variety of vehicles including hedge funds, registered with the Securities and Exchange Commission the initial public offering of its Class A common stock.

Citigroup and Merrill Lynch & Co. are the underwriters, with Goldman Sachs & Co. and UBS Investment Bank as co-lead managers. The estimated value of the offering is US$100 million.

Naperville, Ill.-based Calamos runs US$32.3 billion in assets for institutions and individuals, in mutual funds, closed-end funds, separate accounts and hedge funds. Founded by John Calamos Sr., the firm is led by him and Nick Calamos.

They have both written books about convertibles (see (.

CKurdas@HedgeWorld.com

Contact Robert F. Keane with questions or comments at: bkeane@investmentadvisor.com.