TIMESSQUARE CAPITAL MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

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


Number of Employees:

48 -14.29%

of those in investment advisory functions:

22 -15.38%


Registration:

SEC, Approved, 9/10/2004

AUM:

8,264,566,541 -6.19%

of that, discretionary:

8,264,566,541 -6.19%

Private Fund GAV:

3,215,238 -85.53%

Avg Account Size:

129,133,852 17.26%


SMA’s:

YES

Private Funds:

5 1

Contact Info

1-8 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
19B 16B 13B 11B 8B 5B 3B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Should You Hold Hexcel Corporation (HXL)?
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey

Cintas Corporation (CTAS) Rose 26% on Exceeded Expectations
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey

Here’s Why Carlisle Companies Incorporated (CSL) Advanced in Q4
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey

Several Reasons to Hold EMCOR Group (EME)
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey

Is Paylocity Holding Corporation (PCTY) a Worthy Investment?
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey

Bentley Systems, Incorporated (BSY) Gains Fell Short of Index Gain in Q4
04/01/2024

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the strategy underperformed the Russell Midcap Growth Index and returned 13.66% (gross) and 13.44% (net) while the index return was -14.55%. In addition, please check […]

Insider Monkey


Private Funds Structure

Fund Type Count GAV
Hedge Fund 3 $355,710
Other Private Fund 2 $2,859,528

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
05550J101 BJS WHSL CLUB HLDGS INC $104,214 2.00% -5.00% -17.00%
03073E105 CENCORA INC $120,623 2.00% 11.00% -6.00%
172908105 CINTAS CORPORATION $137,922 2.00% 7.00% -6.00%
16359R103 CHEMED CORPORATION $108,376 2.00% 1.00% -8.00%
22788C105 CROWDSTRIKE HOLDINGS INC $129,659 2.00% 18.00% -6.00%
M2682V108 CYBER-ARK SOFTWARE LIMITED $146,581 2.00% 21.00% 0.00%
29084Q100 EMCOR GROUP INC $112,577 2.00% 23.00% -25.00%
366651107 GARTNER INCORPORATION $109,847 2.00% 0.00% -5.00%
67103H107 O'REILLY AUTOMOTIVE INC $115,692 2.00% 1.00% -15.00%
94106B101 WASTE CONNECTIONS INC $104,126 2.00% -3.00% -16.00%

Brochure Summary

Overview

TimesSquare is a fundamental research-oriented, growth equity investment management firm specializing in Small Capitalization, Small/Mid Capitalization, Mid Capitalization and concentrated growth equity strategies for institutional investors (“institutional clients”) and privately offered pooled investment vehicles (“Private Funds”, and together with the “institutional clients,” the “clients”). TimesSquare uses a well-established team approach to growth investing that has been in place since the mid 1980s. Our goal is to build diversified portfolios of growth stocks that generate excellent risk- adjusted returns. Proprietary fundamental research drives our disciplined, bottom-up process of selecting companies that meet our definition of a superior growth business. As a firm, TimesSquare has been in business since January 2000. TimesSquare currently has approximately 56 employees working in the Firm’s offices in New York, NY. As of December 31, 2022, TimesSquare had approximately $8.809 billion in assets under management. TimesSquare principally serves as an investment adviser or sub-adviser to various institutional clients, including, but not limited to, employee benefit plans, state and municipal government entities, corporations and pooled investment vehicles, as well as certain high net worth individuals and in limited instances to modeled portfolios. TimesSquare also serves as investment manager of the Private Funds. Please see Item 7 for more information with respect to TimesSquare’s clients. Principal Ownership As TimesSquare’s institutional partner, Affiliated Managers Group, Inc. (“AMG”), a publicly-traded asset management company (NYSE: AMG) with equity investments in boutique investment management firms, indirectly holds a majority equity interest in TimesSquare. TimesSquare’s principals hold the remaining equity interests in the Firm. AMG also holds equity interests in other investment management firms (“AMG Affiliates”). Further information on both AMG and the AMG Affiliates is provided
in Item 10. Advisory Services As noted above, TimesSquare generally provides investment advisory services to institutional clients and the Private Funds on a discretionary basis. TimesSquare specializes in identifying equity securities that it believes have the greatest potential for price appreciation. TimesSquare uses a proprietary stock selection methodology based on fundamental research to identify these growth companies. Further information on TimesSquare’s investment strategies and methods of analysis is provided in Item 8. As an asset manager for institutional clients and the Private Funds, TimesSquare recognizes that all of our clients are unique and that, therefore, their investment needs may be different. As such, we may modify our primary investment strategies, as necessary, to meet the goals that our clients specify, in an effort to accommodate the particular investment objectives and accompanying restrictions requested by our clients. At the commencement of the client relationship, each of our institutional clients executes an investment management agreement, which sets forth their investment objectives and any investment restrictions that will be applicable to our management of the assets in the client’s account. For example, some clients limit their exposure to a particular company’s securities or to securities issued by companies in a particular industry or sector, usually based on a percentage of the assets in the client’s account. Prior to the execution of the agreement, we review requested objectives and restrictions and work with the client as needed to refine these objectives and restrictions to both meet the client’s needs and provide us with sufficient discretion to properly invest the client’s assets. Assets Under Management As noted above, as of December 31, 2022, TimesSquare’s total client assets under management (“AUM”) was approximately $8.809 billion, with all assets managed on a discretionary basis. Please see TimesSquare’s Form ADV Part 1A – Item 5.F for more information.