DRIEHAUS CAPITAL MANAGEMENT LLC other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm
- An investment adviser (or subadviser) to an investment company


Number of Employees:

80 2.56%

of those in investment advisory functions:

27 3.85%


Registration:

SEC, Approved, 3/11/1983

AUM:

15,168,007,761 19.54%

of that, discretionary:

15,168,007,761 19.54%

GAV:

620,590,353 23.06%

Avg Account Size:

184,975,704 18.09%

% High Net Worth:

2.44% -2.44%


SMA’s:

YES

Private Funds:

4

Contact Info

312 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
15B 13B 11B 9B 7B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

DRIEHAUS CAPITAL MANAGEMENT LLC Buys 3, Sells 2 in 3rd Quarter
11/15/2022

Related Stocks: DICE, PFE, CALX, AXNX, WING,

gurufocus.com

Driehaus Capital Management Llc Buys Nutrien, DICE Therapeutics Inc, MercadoLibre Inc, Sells ...
11/15/2021

Related Stocks: SNAP, AMBA, FWONK, GDYN, BLL, JD, NTR, DICE, MELI, FRSH, FRSH, DLO, BABA, NVDA, RBLX, NIO, UCTT, LYB, BILI, GRWG, PUBM, BGNE, VALE, ZLAB,

gurufocus.com

Driehaus Capital Management Llc Buys NVIDIA Corp, JD. ...
08/18/2021

Related Stocks: NVDA, JD, BILI, YNDX, NIO, BGNE, PUBM, RBLX, NTLA, IMAB, MNDY, LYB, BIDU, MU, AHCO, MGNI, PAAS, MELI,

gurufocus.com

Deep Fundamental Research at Core of Bottom-Up Fixed Income Selection
04/05/2021

Earlier, he was Lead Portfolio Manager at KVK Credit Opportunity Fund LP; Portfolio Manager at Driehaus Capital Management; Senior Research Analyst at Neuberger Berman/Lehman Brothers; and an ...

twst.com

Schwab Tax-Free Bond Fund™
03/30/2021

John Khodarahmi, Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining Charles ... He also worked at Driehaus Capital Management as an international specialist and at Harris Trust and Savings Bank as ...

dividend.com

Driehaus Capital Management Weathers Founder's Death
03/28/2021

The founder of Driehaus Capital Management, Richard H. Driehaus, an influential force in the fund industry and later an active philanthropist, died on March 9 at the age of 78. His death should ...

Morningstar


Private Funds Structure

Fund Type Count GAV
Hedge Fund 3 $310,336,389
Other Private Fund 1 $310,253,964

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
874039100 TAIWAN SEMICONDUCTOR-SP ADR $371,641,296 4.00% 39.00% 16.00%
86800U104 SUPER MICRO COMPUTER INC $126,816,345 2.00% 0.00% -4.00%
13321L108 CAMECO CORP $137,641,065 2.00% -11.00% -18.00%
M20791105 CAMTEK LTD $142,194,796 2.00% 62.00% 45.00%
22663K107 CRINETICS PHARMACEUTICALS IN $179,321,670 2.00% 17.00% -2.00%
98420N105 XENON PHARMACEUTICALS INC $200,138,991 2.00% 30.00% -4.00%
974155103 WINGSTOP INC $57,094,182 1.00% 913.00% 610.00%
97717W422 WISDOMTREE INDIA EARNINGS $79,039,595 1.00% 12.00% 0.00%
957638109 WESTERN ALLIANCE BANCORP $51,502,846 1.00%
92243G108 VAXCYTE INC $105,150,310 1.00% 56.00% 26.00%

Brochure Summary

Overview

Driehaus Capital Management LLC is a privately held independent investment adviser based in Chicago, Illinois providing discretionary and non-discretionary advisory services to clients. We have been registered with the United States Securities and Exchange Commission (“SEC”) since 1983. We are a Delaware limited liability company that is majority-owned by Driehaus Capital Holdings LLLP. Driehaus Capital Holdings LLLP is owned by entities related to our deceased founder, Richard H. Driehaus. As of December 31, 2022, we managed $12,688,128,271 of client assets on a discretionary basis. We provide discretionary advisory and sub-advisory services to a diverse group of U.S. and non-U.S. clients, including corporate pension plans, public plans, endowments, foundations, single and multi-family offices, Driehaus Mutual Funds (an SEC registered investment company), affiliated pooled accounts, non-affiliated U.S. and non-U.S. registered and unregistered pooled investment vehicles and high net worth individuals. As of December 31, 2022, we provided non-discretionary advisory services to model account programs with respect to approximately $45,450,693 in assets. Since we do not have investment discretion or trading responsibility for these assets, they are not included in our regulatory assets under management provided above. Driehaus Capital Management LLC employs active equity and multi-asset alternative investment management strategies. We have experienced teams of investment, risk management, trading, operations and technology professionals managing and supporting our strategies. Our principal growth equity investment philosophy is based on the principle that markets tend to
misprice stocks of companies following positive growth inflections and these inefficiencies tend to follow predictable and investable patterns. The investment objective of our equity growth strategies is to maximize capital appreciation over a full market cycle (3-5 years). Our principal emerging markets opportunities philosophy is similar to our equity philosophy but allows for the investment in securities across multiple asset classes in pursuit of superior risk-adjusted returns. Our principal alternative strategy is event-driven. Our event-driven philosophy is based on the belief that attractive event-driven investments exist in the global equity and credit markets because of the complexity of the capital structure, the non-traditional nature of event-driven investment opportunities, and the unwillingness of investors to participate in trades with binary outcomes. Our event-driven strategy seeks superior risk-adjusted returns with lower correlations to major asset classes and lower volatility than the S&P 500 Index. Our separate account clients generally follow a model portfolio for each strategy that invests in the same securities as other investors in the same investment strategy. However, separate account clients may impose certain investment restrictions, such as on specific securities or types of securities or limits on their weightings. As a result of client-imposed restrictions, these client accounts may not be aligned with a strategy’s model portfolio and performance differences can occur between the client’s account and the model portfolio for a strategy. In addition, we manage custom strategies for certain clients at their request that we do not actively market.