DSM Capital Partners

What DSM Capital Partners does

DSM Capital Partners LLC is a US-based, long-only growth equity investment manager founded in 2001 by Daniel Strickberger (Managing Partner & CIO) and Stephen Memishian (Co-Managing Member & COO), headquartered in Palm Beach Gardens, Florida. The firm manages over $6 billion across US and global equities for institutional and individual clients including pension plans, foundations, endowments, family offices, and RIAs.

DSM operates a single disciplined investment philosophy — quality businesses, predictable earnings growth, and rational valuations — applied through six strategies: US Large Cap Growth (flagship, 2002, 32 holdings, 54% active share vs. Russell 1000 Growth), Global Growth (2010, 43 holdings), Global Focus Growth (2009, 8-15 holdings, most concentrated), Dividend Growth (2011), Runway (Jan 2025, AI/innovation theme, ~60-100 holdings, 0.45% fee), and Expressway (Jan 2026, disruptive innovation, ~50-100 holdings). Strategy-level post-fee annualized returns range from 11.31% (US LCG, vs S&P 500 10.09%) to 14.86% (Global Focus, vs MSCI ACWI 11.54%). Underlying research infrastructure comprises proprietary three-year EPS models with scenario-based 'most likely' and 'low' cases and a proprietary ESG scoring system built on MSCI ESG Research (2019).

The firm is 100% employee- and founder-owned with ~25 team members averaging 24+ years of industry experience. Revenue is generated through investment advisory fees as a percentage of AUM, with strategies priced between 0.45% and 1.0% per annum. Distribution spans SMA, Luxembourg UCITS (SFDR Article 8), Australian Unit Trust (via Mantis Funds), Active ETF, and CIF vehicles. Compliance and stewardship posture includes PRI signatory (2017), CDP signatory (2024), Japan's Stewardship Code adherence, and CFA Institute DEI Code adherence — credentials oriented toward European and institutional consultant mandates.

Name

DSM Capital Partners

Legal name

DSM Capital Partners LLC

Website

https://dsmcapital.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

DSM Capital Partners is a long-only growth equity investment manager founded in 2001, managing over $6 billion across US and global equities through six strategies for pensions, foundations, endowments, institutions, and individual investors.

Ownership category

akta.pro rank

Product category

Investment Management / Long-Only Growth Equity Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Large-Cap Equity (Active) (FSAAAIAA)

Keywords

• Growth equity management
• Investment advisory services
• Asset management
• Long-only equity strategies
• Portfolio management

Headquarters

HQ city

Palm Beach Gardens

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Investment Advisory Fees: DSM charges investment advisory fees as a percentage of assets under management (AUM). Standard advisory fees are described in Part 2A of Form ADV. Model advisory fees vary by strategy: Runway/Expressway at 0.45% per annum, Global Growth at 0.85% per annum, and Global Focus at 1.0% per annum.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

DSM Capital Partners actively manages long-only quality growth equity portfolios for institutional and individual clients, applying a disciplined investment process built on quality, growth, and valuation pillars. The firm offers six equity strategies spanning US and global large-cap markets, made available through managed accounts, Luxembourg UCITS sub-funds, an Australian Unit Trust, an Active ETF, and Collective Investment Funds. Assets under management exceed $6 billion across these vehicles.

Product overview

DSM Capital Partners is a long-only growth equity investment manager offering a unified platform of six investment strategies spanning US and Global large-cap equities. The core products are five equity strategies—US Large Cap Growth (flagship, 2002), Global Growth (2010), Global Focus Growth (concentrated 8-15 holdings, 2009), Runway (AI/innovation focused, 2025), and Expressway (disruptive innovation, 2026)—plus Dividend Growth (2011). These strategies are made available through multiple investment vehicles: separately managed accounts, Luxembourg UCITS/SICAV funds (SFDR Article 8), Australian Unit Trust, Active ETF, and Collective Investment Funds. All strategies share the same disciplined investment philosophy built on quality, growth, and valuation pillars, managed by a single experienced investment team.

Differentiator

Problem solved

Functional benefit

Products and services

• US Large Cap Growth Strategy High-conviction US growth leaders with durable earnings. The flagship strategy with 32 holdings and 54% active share, benchmarked to the Russell 1000 Growth Index, with inception date January 1, 2002, designed for institutional and individual investors seeking quality growth at rational valuations.
• Global Growth Strategy High-quality names across developed and emerging markets, with 43 holdings and 78% active share, benchmarked to the MSCI All Country World Index, with inception date October 1, 2010, offering investors diversified global quality growth exposure.
• Global Focus Growth Strategy Concentrated portfolio of approximately 10-15 best-idea global franchises with enduring advantages, with 8 holdings and 84% active share, benchmarked to the MSCI All Country World Index, with inception date July 1, 2009, designed for investors seeking high-conviction, concentrated global quality growth.
• Runway Strategy Portfolio of approximately 60-100 scalable growth names with strong AI and innovation exposure, launched January 1, 2024 with 26.8% growth rate and 49% active share, retaining DSM's core quality/growth/valuation principles while broadening the opportunity set.
• Expressway Strategy Portfolio of approximately 50-100 high-growth companies driving disruptive innovation and emerging technologies, launched January 1, 2026 with a 28.3% growth rate and 50% active share, designed for high-conviction investing in disruptive innovation.
• Dividend Growth Strategy Strategy focused on companies with sustainable dividend growth characteristics, launched in 2011, applying DSM's quality, growth, and valuation philosophy to dividend-paying equities.
• Managed Accounts Separately managed account vehicles available for all DSM strategies, allowing customized portfolio management for institutional and qualified investors with a direct relationship.
• Luxembourg SICAV/UCITS Funds Luxembourg-domiciled UCITS sub-funds covering the US Large Cap Growth and Global Growth strategies, launched in 2014 and designated as SFDR Article 8 funds, enabling European investor access to DSM's quality growth strategies.
• DSM Global Growth Equity Fund (Australia) Australian Unit Trust structure for non-US investors in Australia and New Zealand, launched in 2021 and distributed by Mantis Funds Pty Ltd, providing wholesale Australian clients access to DSM's Global Growth strategy.
• Active ETF Exchange-traded fund vehicle providing US investor access to DSM's US Large Cap Growth strategy in an ETF wrapper.
• Collective Investment Fund (CIF) Collective investment fund vehicle available for DSM strategies, providing an additional pooled vehicle option for plan and institutional investors.

Quantifiable outcome

• US Large Cap Growth Strategy: 11.31% annualized post-fee returns since inception (Jan 2002), outperforming S&P 500 at 10.09%
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Mantis Funds Pty LtdcoreChannel Partner/ Reseller/ Distributor · 1 January 2021Mantis Funds Pty Ltd serves as the Investment Manager of the DSM Global Growth Equity Fund in Australia. The fund is available exclusively to 'wholesale clients' (as defined in section 761G of the Corporations Act 2001) domiciled in Australia. DSM acts as the Portfolio Manager while Mantis handles local distribution and regulatory compliance.

Scale indicators14 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• Polen Capital: Boutique long-only growth equity manager offering concentrated US and global growth strategies, including a focused 'Focus Growth' product analogous to DSM's Global Focus. Most directly comparable on philosophy, vehicle mix, and target client base.
• Brown Capital Management: Employee-owned, long-only growth equity boutique with a multi-decade track record. Closely comparable on founding-era timing, founder/employee ownership model, and long-term quality-growth philosophy with a global small/mid-cap extension.
• Calamos Asset Management: Diversified asset manager with multiple US and global growth-equity strategies and a UCITS/ETF distribution footprint. Comparable to DSM on growth-equity product breadth and multi-vehicle global distribution, though larger and publicly listed.
• Fred Alger Management: Long-standing growth-equity specialist with US large-cap and global/smid products, plus a focused concentrated strategy. Highly comparable on growth-equity franchise, institutional orientation, and concentrated product line.
• TimesSquare Capital Management: Boutique growth-equity manager within the Victory Capital ecosystem, focused on US mid- and large-cap growth. Comparable in product style and institutional client mix, though smaller in distribution scope.
• Trillium Asset Management: ESG-integrated, employee-owned growth and impact equity manager. Closely comparable on employee ownership, ESG credentials (PRI signatory, SFDR Article 8 equivalent positioning), and quality-growth orientation.
• Manning & Napier: Mid-sized US asset manager offering growth-equity strategies alongside blended and income strategies, with institutional and intermediary distribution. Comparable on multi-strategy growth platform and long-only orientation, though less concentrated in pure growth.
• GQG Partners: Public global growth-equity manager with US, global, and emerging-markets strategies distributed via institutional and intermediary channels. Comparable on global growth product line and institutional client focus, though with a different ownership and listing profile.
• Ranger Investments: Boutique US large-cap growth manager offering concentrated and diversified growth strategies to institutional clients. Comparable on growth-equity boutique profile and concentrated large-cap product, though narrower in vehicle and geographic reach than DSM.

Broad incumbents

• Eaton Vance: Diversified active asset manager (now part of Morgan Stanley Investment Management) with a mix of growth, income, and alternatives strategies. Comparable on long-only active growth capabilities but materially larger and broader in product set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dsm-capital-partners-llc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSM Capital Partners