London-based Heptagon Capital (Heptagon), the $14.7bn asset management firm, is proud to announce the Refinitiv Lipper Fund Awards Switzerland 2021 Winner, Driehaus US Micro Cap Equity Fund, in the Best Equity US Small & Mid Cap Fund category over 3 Years. The Irish UCITS fund that is sub-advised by Chicago based Driehaus Capital Management and managed by Citywire AAA-rated Fund Manager Jeff James has $860m under management.
While the Driehaus US Micro Cap Equity Fund is closed to investors to preserve return potential, the Heptagon Driehaus US Small Cap Equity Fund remains open to investors and has recently surpassed $430m under management. The strategies, both managed by Fund Manager Jeff James, have a ~50% holdings overlap and follow the same philosophy albeit with a different market cap focus.
Commenting on the win, Heptagon’s Managing Partners said:
“We are delighted that the Driehaus US Micro Cap Equity Fund has won the 2021 Refinitiv Lipper Fund Award. We have been very fortunate as a firm to have partnered with Driehaus for three distinguished investment strategies. Winning the award signals that Driehaus, through partnership with Heptagon, offers investors access to robust investment capabilities and the ability to meet our investors’ investment objectives”.
About Refinitiv Lipper Fund Awards:
For more than 30 years and in over 17 countries worldwide, the highly-respected Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top-funds.The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management