DSM Capital Partners, a US-based investment management firm, has unveiled a new global growth fund for overseas investors seeking long-term returns through investments into expanding businesses.
Known as DSM SICAV Global Growth Fund, the Luxembourg-domiciled Sicav has been designed to mirror its Global Growth Strategy that had $600 million in assets at the end of second quarter 2014.
The fund will be run by co-managing partner Daniel Strickberger alongside a team of nine senior analyst/portfolio managers including Justin Burk, Pinaki Kar, Paul Matlow, David McVey, Takehiko Serai, Steven Tish, Eric Woodworth, Kenneth Yang, and Ling Zhang.
The fund aims to generate long term capital appreciation by investing primarily in global equity securities issued by large-cap companies.
The Fund will generally contain 35 to 55 stocks and employs a bottom-up, growth stock process with an intermediate to long-term investment horizon.
The firm’s investment team seeks to identify and model reliable growth companies that have 10% or better historical revenue and earnings growth, generate free cash flow, and have attractive financial returns that are stable or rising.
Steve Memishian, co-managing partner of DSM Capital, said: "We’re pleased to make available to overseas investors the same global growth strategy we’ve employed for our domestic separately managed account clients and financial professionals."
Founded in 2001, DSM now manages $5.6 billion in assets and serves as an investment adviser to corporations, endowments and foundations, pension plans, family offices, high net worth individual investors and registered advisers.