TimesSquare Capital Management
TimesSquare Capital Management is a New York-based boutique investment manager applying a bottom-up, research-intensive process to U.S. and international small and mid cap growth equities, serving institutional investors, plan sponsors, and financial intermediaries via separately managed accounts, mutual funds, collective investment trusts, and ETFs.
- Company typePrivate
- Founded2000
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TimesSquare Capital Management does
TimesSquare Capital Management is a New York-based boutique investment management firm founded in 2000 that specializes in quality growth equity strategies focused on U.S. small cap, U.S. mid cap, international small cap, and global small cap segments. The firm applies a bottom-up, research-intensive investment process, in place since the mid-1980s in predecessor form, that emphasizes assessment of management quality, in-depth understanding of business models, and valuation discipline across the investment cycle. Portfolio managers average 28 years of investment experience and 17 years of tenure at the firm, and the team is employee-owned, with majority ownership held by Affiliated Managers Group, Inc. (NYSE: AMG).
The firm delivers its strategies through a multi-vehicle platform spanning separately managed accounts, mutual funds (e.g., AMG TimesSquare International Small Cap Fund with Class N/I/Z shares), collective investment trusts, model account delivery, custom investment mandates, and the recently launched TimesSquare Quality Mid Cap Growth ETF (TSCM) on Nasdaq. As of March 31, 2026, TimesSquare reported $7.2 billion in combined assets under management and advisory, served by 40 employees, with GIPS-compliant performance verification and SEC registration as a registered investment adviser. Revenue is generated through management fees across these vehicles, with mutual fund net expense ratios ranging from approximately 1.05% (Class Z, $5M minimum) to 1.30% (Class N, $2,000 minimum). Customer segments include institutional investors (pension funds, endowments, foundations), plan sponsors and retirement plans, financial intermediaries and RIAs, and high-net-worth individuals, with global operating reach spanning the Americas, Europe, Japan, Asia/Pacific ex-Japan, and Africa & Middle East.
TimesSquare Capital Management firmographics
Firmographics- Name
- TimesSquare Capital Management
- Legal name
- TimesSquare Capital Management, LLC
- Website
- https://tscmllc.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TimesSquare Capital Management is a New York-based boutique investment manager applying a bottom-up, research-intensive process to U.S. and international small and mid cap growth equities, serving institutional investors, plan sponsors, and financial intermediaries via separately managed accounts, mutual funds, collective investment trusts, and ETFs.
- Ownership category
- akta.pro rank
TimesSquare Capital Management industry classification
Industry- Product category
- Equity Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Mid-Cap Equity (Active) (FSAAAIAB)
- akta.pro secondary industry
- Small-Cap Equity (Active) (FSAAAIAC)
Keywords
Where TimesSquare Capital Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TimesSquare Capital Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Management Fees: TimesSquare generates revenue through management fees charged on assets under management across its various investment vehicles including separately managed accounts, mutual funds, collective investment trusts, and ETFs. Fee structures vary by vehicle and share class, with expense ratios ranging from approximately 1.05% to 1.36% net of fee waivers for the mutual fund.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Mutual Fund - Class Z (TCMIX) for institutional investors |
| Subscription | Annual | Mutual Fund - Class I (TQTIX) for institutional investors |
| Subscription | Annual | Mutual Fund - Class N (TCMPX) |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
TimesSquare Capital Management product offering
Product offeringCore offering
TimesSquare Capital Management is a boutique investment management firm that specializes in fundamental, research-driven small and mid cap growth equity strategies. The firm offers U.S. Small Cap Growth, U.S. Mid Cap Growth, International Small Cap, and Global Small Cap strategies delivered through separately managed accounts, mutual funds, collective investment trusts, model account delivery, and ETFs. Investment decisions are made by a team-based portfolio management group applying a bottom-up quality growth philosophy with valuation discipline.
Product overview
TimesSquare Capital Management is a boutique investment management firm offering a unified platform of growth equity strategies across small and mid cap segments. The core offerings include U.S. Small Cap Growth, U.S. Mid Cap Growth, International Small Cap, and Global Small Cap strategies, each available in multiple vehicle types (Separate Accounts, Mutual Funds, Collective Investment Trusts, Model Account Delivery, and ETFs). The flagship product is the TimesSquare Quality Mid Cap Growth ETF (TSCM), an actively managed ETF launched in 2026. The firm applies a bottom-up, research-intensive investment approach focused on quality growth companies with strong management teams and sustainable competitive advantages.
Differentiator
Problem solved
Functional benefit
Brands
- TSCM ETF: TimesSquare Quality Mid Cap Growth ETF (TSCM) - an actively managed U.S. mid cap growth ETF listed on Nasdaq
Products and services
- TimesSquare Quality Mid Cap Growth ETF (TSCM) An actively managed U.S. mid cap growth ETF that targets 30-40 holdings using a bottom-up, research-intensive approach focused on quality growth companies with strong management teams, sustainable competitive advantages, and attractive valuations. Designed for financial advisors and wealth management platforms seeking tax-efficient, transparent mid cap growth exposure.
- AMG TimesSquare International Small Cap Fund A mutual fund seeking competitive risk-adjusted returns against the MSCI EAFE Small Cap Index, investing in growth companies across developed global markets with a portfolio of typically 65-85 stocks. Offered in Class N (TCMPX, $2,000 minimum, 1.30% net expense ratio), Class I (TQTIX, $100,000 minimum, 1.11% net expense ratio), and Class Z (TCMIX, $5,000,000 minimum, 1.05% net expense ratio).
- U.S. Small Cap Growth Strategy Growth equity strategy targeting quality small cap companies within the structurally under-researched U.S. small cap segment. Available in diversified (80-100 holdings) and concentrated (40-50 holdings) versions delivered through separately managed accounts, mutual funds, collective investment trusts, and model account delivery.
- U.S. Mid Cap Growth Strategy Growth equity strategy targeting quality mid cap companies, available in diversified (60-80 holdings), concentrated (30-40 holdings), and focused (15-20 holdings) versions. Delivered through separate accounts, mutual funds, CITs, model account delivery, and the TSCM ETF for the concentrated 30-40 holding version.
- International Small Cap Strategy Growth equity strategy investing in quality growth companies across developed global markets (excluding U.S.), where limited analyst coverage provides alpha generation opportunity. Holds 65-85 stocks and is available through separately managed accounts, mutual funds, and collective investment trusts.
- Global Small Cap Strategy Growth equity strategy investing in quality growth companies across both U.S. and international markets, seeking to generate competitive risk-adjusted returns against the MSCI World Small Cap Index. Available in diversified (80-90 holdings) and concentrated (40-50 holdings) versions through separately managed accounts.
- Separately Managed Accounts Custom separate account structures providing institutional investors with dedicated allocations to TimesSquare's quality growth investment process. Direct relationships with institutional investors seeking customized exposure to U.S. Small Cap Growth, U.S. Mid Cap Growth, International Small Cap, and Global Small Cap strategies.
- Collective Investment Trusts Collective investment trust vehicles providing retirement plans and institutional investors with access to TimesSquare's growth equity strategies in a cost-effective structure.
- Model Account Delivery Model portfolio delivery service allowing intermediary partners to implement TimesSquare's investment strategies through their own platforms and wealth management systems.
- Custom Solutions Custom investment mandates for institutional investors, plan sponsors, and intermediary partners whose objectives, guidelines, or implementation requirements fall outside standard vehicles and composites.
Quantifiable outcome
- Average years of Portfolio Manager investment experience: 28 years
- +1 more outcomes
Companies that use TimesSquare Capital Management
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
TimesSquare Capital Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
TimesSquare Capital Management partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Tidal Financial GroupcoreTidal Financial Group partnered with TimesSquare to launch the TimesSquare Quality Mid Cap Growth ETF (TSCM) on Nasdaq. Tidal provides ETF formation and distribution services as the co-issuer alongside TimesSquare.
- Foreside Fund Services, LLCminorForeside Fund Services, LLC serves as the distributor for the TimesSquare Quality Mid Cap Growth ETF (TSCM), handling regulatory compliance and fund distribution services.
Scale indicators10 records
Recent moves2 records
Expansion highlights5 records
TimesSquare Capital Management competitors and assessment
Company assessmentBroad incumbents
- T. Rowe Price: Large incumbent active asset manager with well-known mid/small-cap growth strategies. Competes for the same institutional and intermediary mandates, though at substantially greater scale.
- Victory Capital Holdings: Public multi-franchise active manager with several boutique equity affiliates (e.g., USAA, WestEnd, Munder). Similar multi-boutique structure and multi-vehicle distribution as TimesSquare within the AMG ecosystem.
- Virtus Investment Partners: Public multi-affiliate active manager with several boutique equity franchises including growth-oriented managers. Comparable multi-boutique distribution model and active equity focus.
Direct peers
- Westwood Holdings Group: Public boutique active equity manager offering multi-cap strategies through institutional and intermediary channels. Comparable in size, structure, and active equity focus to TimesSquare.
- Manning & Napier: Privately-held active asset manager focused on equity and multi-asset strategies with concentration in small/mid-cap growth. Similar boutique-style structure and institutional/intermediary distribution mix.
- Fred Alger Management: Long-standing boutique active equity manager specializing in small/mid-cap and large-cap growth strategies, with multi-vehicle distribution (mutual funds, SMAs). Closely aligned with TimesSquare's growth-style focus and boutique structure.
- Artisan Partners Asset Management: Public multi-boutique active equity manager with a strong mid/small-cap growth franchise, multi-vehicle distribution (SMAs, CITs, mutual funds, ETFs), and similar fee structure. Closely comparable in investment philosophy and target market.
- Royce Investment Partners: Boutique active manager specializing in small-cap equity strategies with mutual fund and SMA distribution. Comparable investment universe and institutional client base to TimesSquare's small-cap growth strategies.
- BrightSphere Investment Group: Public multi-affiliate active asset manager with multiple boutique equity franchises (Acadian, Trillium, etc.). Closely parallels AMG's multi-affiliate model in which TimesSquare operates.
Emerging players
- Calamos Asset Management: Active equity manager with growing mid/small-cap growth strategies across mutual funds and ETFs. Comparable growth-style focus and emerging ETF distribution push.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
TimesSquare Capital Management social profiles
Digital presenceTimesSquare Capital Management compliance and trust
Trust signalCompliance2 records
TimesSquare Capital Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
TimesSquare Capital Management leadership team
Management profileNumber of profiles
Profiles12 records
TimesSquare Capital Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TimesSquare Capital Management M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TimesSquare Capital Management
What does TimesSquare Capital Management do?
TimesSquare Capital Management is a boutique investment management firm that specializes in fundamental, research-driven small and mid cap growth equity strategies. The firm offers U.S. Small Cap Growth, U.S. Mid Cap Growth, International Small Cap, and Global Small Cap strategies delivered through separately managed accounts, mutual funds, collective investment trusts, model account delivery, and ETFs. Investment decisions are made by a team-based portfolio management group applying a bottom-up quality growth philosophy with valuation discipline.
Is TimesSquare Capital Management a public or private company?
TimesSquare Capital Management is a private company. It is classified as corporate owned and is currently operating.
When was TimesSquare Capital Management founded?
TimesSquare Capital Management was founded in 2000. It employs 11 to 50 people.
Where is TimesSquare Capital Management based?
TimesSquare Capital Management is headquartered in New York, United States, in the North America region.
How does TimesSquare Capital Management make money?
One revenue line is on record: investment Management Fees.
Who are TimesSquare Capital Management's main competitors?
Broad incumbents on record are T. Rowe Price, Victory Capital Holdings and Virtus Investment Partners. Direct peers are Westwood Holdings Group, Manning & Napier, Fred Alger Management, Artisan Partners Asset Management, Royce Investment Partners and BrightSphere Investment Group. Calamos Asset Management is listed as an emerging player.
Does TimesSquare Capital Management have an API?
No public API is recorded for TimesSquare Capital Management.
What industry is TimesSquare Capital Management in?
TimesSquare Capital Management's product category is Equity Investment Management. Its primary akta.pro industry code is FSAAAIAB, Mid-Cap Equity (Active), with a secondary code of FSAAAIAC, Small-Cap Equity (Active). Its NAICS code is 52394 and its SIC code is 6282.