Pier Capital
Pier Capital is a privately held, SEC-registered boutique investment adviser founded in 1987, managing approximately $648M in U.S. small cap and SMid cap growth equity portfolios for institutional clients, high-net-worth individuals, and qualified private fund investors.
- Company typePrivate
- Founded1987
- HeadquartersStamford, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Pier Capital does
Pier Capital, LLC is a privately held, SEC-registered investment adviser founded in 1987 and headquartered in Stamford, Connecticut, with a research office in Jersey City, New Jersey. The firm manages U.S. Small Cap Growth and SMid Cap Growth equity portfolios through a bottom-up, fundamental research process supplemented by ESG risk ranking data sourced from Sustainalytics. Portfolio construction follows systematic rules-based parameters — approximately 1% per-stock weight, sector caps at 20% or 2x benchmark weighting, and residual cash maintained at 2–5% — applied identically across the small cap and SMid cap strategies.
The firm serves institutional clients including retirement plans, endowments, foundations, and municipalities, alongside a limited number of high-net-worth individuals. Its small cap growth strategy is also offered through a private fund vehicle accessible only to qualified investors. Distribution is entirely direct and relationship-based, with no third-party intermediaries or channel partners. The firm became a PRI signatory in 2018 and integrates Sustainalytics ESG risk scores as an additional consideration in final stock selection.
The company was originally a division of ABB Asea Brown Boveri (1987), was sold to SEB and operated as SEB Asset Management America, Inc. (1998), and became independent through a management buyout in September 2004. It is now owned by the strategy team and original founder, with President & CIO Alex Yakirevich leading the firm since 2015. Total firm-wide AUM stood at approximately $648 million as of December 31, 2025, with fee-based revenue mechanics disclosed only within the Form ADV Part 2A filing.
Pier Capital firmographics
Firmographics- Name
- Pier Capital
- Legal name
- Pier Capital, LLC
- Website
- https://piercap.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Pier Capital is a privately held, SEC-registered boutique investment adviser founded in 1987, managing approximately $648M in U.S. small cap and SMid cap growth equity portfolios for institutional clients, high-net-worth individuals, and qualified private fund investors.
- Ownership category
- akta.pro rank
Pier Capital industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Small-Cap Equity (Active) (FSAAAIAC)
- akta.pro secondary industry
- Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)
Keywords
Where Pier Capital is headquartered
LocationHeadquarters
- HQ city
- Stamford
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Pier Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Distribution channels3 records
Marketing channels2 records
Pier Capital product offering
Product offeringCore offering
Pier Capital, LLC manages U.S. Small Cap Growth and SMid Cap Growth equity portfolios for institutional clients such as retirement plans, endowments, foundations, and municipalities, as well as a limited number of high-net-worth individuals. The firm employs a bottom-up, fundamental equity research process supplemented by ESG risk analysis from Sustainalytics, with rules-based portfolio construction parameters. The firm additionally offers its small cap growth strategy through a private fund available exclusively to qualified investors.
Product overview
Pier Capital is a boutique investment adviser offering two core growth equity portfolio strategies: U.S. Small Cap Growth and SMid Cap Growth equity portfolios. The firm also offers its small cap growth strategy through a private fund structure exclusively available to qualified investors. All strategies employ a bottom-up, fundamental research process supplemented with ESG risk analysis using Sustainalytics ratings. The portfolios are built with approximately 1% weight per stock, sector weightings capped at 20% or 2x benchmark weighting, and cash maintained at 2-5% residual levels.
Differentiator
Problem solved
Functional benefit
Products and services
- U.S. Small Cap Growth Equity Portfolios Growth equity portfolios investing in U.S. small cap companies, with market cap within the Russell 2000 Index range at time of purchase. For institutional clients (retirement plans, endowments, foundations, municipalities) and high-net-worth individuals.
- SMid Cap Growth Equity Portfolios Growth equity portfolios investing in small and mid cap companies, managed using the same fundamental research process as the small cap strategy. For institutional clients.
- Private Fund (Small Cap Growth Strategy) A private fund vehicle offering the small cap growth strategy, available only to qualified investors. Delivers the same research-driven portfolio as the separate managed accounts via a pooled-fund structure.
Companies that use Pier Capital
Customer profileSegments3 records
Ideal customer profiles3 records
Pier Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Pier Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- UN PRI (Principles for Responsible Investment)minorPier became a PRI signatory in 2018 as an Investment Manager. PRI is a UN-supported network of investors working to promote sustainable investment through ESG incorporation. Pier's adherence does not materially alter investment strategies or processes.
- ABB Asea Brown BoveriminorOriginally founded as a division of ABB Asea Brown Boveri (a large global engineering firm) in 1987. This is a historical corporate origin rather than an active partnership.
- SEB (Skandinaviska Enskilda Banken)minorIn 1998, ABB sold the business unit to SEB (one of the largest financial institutions in Scandinavia), which renamed the business SEB Asset Management America, Inc. This is a historical corporate transition rather than an active partnership.
- SEB Asset Management America, Inc.minorThe firm operated as SEB Asset Management America, Inc. from 1998 until the management buyout in September 2004. Historical entity name only.
- Management Buyout TeamminorIn September 2004, management acquired 100% of the equity advisory business from SEB to form Pier Capital, LLC. The firm is now owned by the strategy team and the original founder.
Scale indicators2 records
Recent moves8 records
Expansion highlights3 records
Pier Capital competitors and assessment
Company assessmentDirect peers
- Kennedy Capital Management: Specialist small and mid cap equity manager with both growth and value strategies and a focus on institutional clients. Overlaps with Pier Capital in institutional distribution, mid-size boutique scale, and disciplined portfolio construction.
- Fred Alger Management: Long-tenured active equity manager known for its small cap growth and SMid cap growth strategies. Directly comparable product set to Pier Capital and similarly focused on institutional and wealth channels.
- Westwood Holdings Group: Boutique active equity manager with small cap and SMid cap growth strategies and an institutional client focus. Comparable operating profile and product set to Pier Capital.
- Nicholas Investment Partners: Boutique active equity manager with a small cap growth strategy using bottom-up fundamental research. Comparable in target market (institutional and HNW clients) and concentrated, rules-based portfolio construction approach.
- Eagle Asset Management: Active equity manager offering small cap growth strategies to institutional and intermediary clients. Similar fundamental research-driven approach and comparable target client base in retirement plans and wealth platforms.
- Royce Investment Partners: Boutique active manager specializing in small cap and SMid cap equity strategies. Comparable to Pier Capital in strategy concentration, institutional focus, and boutique operating model.
- Granahan Investment Management: Specialized small cap and SMid cap growth equity manager with a similarly long-tenured, bottom-up fundamental research process. Closely comparable to Pier Capital in strategy focus, AUM scale, and boutique institutional positioning.
Broad incumbents
- Lord, Abbett & Co. Large established asset manager with a small cap growth strategy within a broad multi-asset product platform. Comparable in product overlap but vastly larger in scale and distribution reach.
- T. Rowe Price: Global asset management leader with small cap growth and SMid cap growth products serving institutional and retail channels. Represents the largest-scale competition Pier Capital encounters in consultant-driven institutional searches.
- Loomis Sayles & Company: Large diversified asset manager with active small cap growth capabilities among broader equity and fixed income offerings. Represents the larger-incumbent competitive set Pier Capital faces when institutional allocators consolidate manager relationships.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Pier Capital social profiles
Digital presencePier Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pier Capital leadership team
Management profileNumber of profiles
Profiles5 records
Pier Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pier Capital 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 Pier Capital
What does Pier Capital do?
Pier Capital, LLC manages U.S. Small Cap Growth and SMid Cap Growth equity portfolios for institutional clients such as retirement plans, endowments, foundations, and municipalities, as well as a limited number of high-net-worth individuals. The firm employs a bottom-up, fundamental equity research process supplemented by ESG risk analysis from Sustainalytics, with rules-based portfolio construction parameters. The firm additionally offers its small cap growth strategy through a private fund available exclusively to qualified investors.
Is Pier Capital a public or private company?
Pier Capital is a private company. It is classified as management employee owned and is currently operating.
When was Pier Capital founded?
Pier Capital was founded in 1987. It employs 1 to 10 people.
Where is Pier Capital based?
Pier Capital is headquartered in Stamford, United States, in the North America region.
Who are Pier Capital's main competitors?
Direct peers on record are Kennedy Capital Management, Fred Alger Management, Westwood Holdings Group, Nicholas Investment Partners, Eagle Asset Management, Royce Investment Partners and Granahan Investment Management. Broad incumbents are Lord, Abbett & Co., T. Rowe Price and Loomis Sayles & Company.
Does Pier Capital have an API?
No public API is recorded for Pier Capital.
What industry is Pier Capital in?
Pier Capital's product category is Investment Management. Its primary akta.pro industry code is FSAAAIAC, Small-Cap Equity (Active), with a secondary code of FSAAAGAL, Institutional Separate Accounts & SMAs (Mandates). Its NAICS code is 523940 and its SIC code is 6282.