Driehaus Capital Management, an independent boutique investment adviser, has launched a new mutual fund, the Driehaus Small/Mid Cap Growth Fund (Ticker: DSMDX).
Driehaus Capital Management, an independent boutique investment adviser, has launched a new mutual fund, the Driehaus Small/Mid Cap Growth Fund (Ticker: DSMDX).
The fund is managed by lead portfolio manager Jeff James and portfolio manager Michael Buck, along with assistant portfolio manager Prakash Vijayan. The fund utilises the same investment philosophy as the Driehaus Small/Mid Cap Growth Strategy the team has managed since February 2012 for separately managed account clients. James, Buck and Vijayan also manage the Driehaus Micro Cap Growth and Driehaus Small Cap Growth strategies and mutual funds.
“This new fund is a natural extension of the Driehaus growth equities franchise, bringing a successful strategy with a strong track record to a broader group of investors,” says Driehaus president, Steve Weber.
“Across our growth equity strategies, we have successfully identified and invested in companies experiencing positive fundamental change in addition to exposure to positive growth inflections, earnings surprises and earnings revisions, factors that are positively correlated to alpha generation. We’re excited to continue that work in the Small/Mid Cap Growth space with a mutual fund,” says James, the lead portfolio manager.
Driehaus Capital Management is a privately held investment management boutique based in Chicago, Illinois with over USD7.6 billion in assets under management. Founded in 1982, the firm manages active growth equity strategies and alternative investment strategies on behalf of a diverse institutional client base comprised of corporate and public pensions, endowments, foundations, sub-advisory, family offices, wealth managers and financial advisers, globally.