Equities

William Blair Large Cap Growth Strategy

The William Blair Large Cap Growth Strategy seeks to invest in structurally advantaged, large-cap companies with strong growth characteristics, quality management teams, and solid financials.

Why William Blair Large Cap Growth Strategy?

  • The strategy is designed to provide strong investment performance over the long term.
  • The strategy is offered by an independent, privately held firm that provides stability and the ability to attract and retain talent.
  • The experienced portfolio-management team is supported by a deep and talented team of research analysts.
  • The strategy employs a time-tested quality growth investment philosophy and process predicated on rigorous fundamental research.

Investment Philosophy

  • Quality growth companies embody long-term corporate success given experienced and incentivized management teams, differentiated business models, and attractive financial characteristics.
  • We believe our ability to outperform is driven by exploiting two inefficiencies among stocks of quality growth companies: the market underappreciating the level and/or duration of long‐term growth and the market overreacting to short‐term factors despite attractive long‐term growth.
  • We use a research-intensive fundamental investment approach that typically includes company visits, focused discussions with management about issues critical to the investment thesis, conversations with independent sources, financial modeling, and valuation analysis.

Portfolio Design

  • Benchmark: Russell 1000 Growth Index
  • Number of holdings: 30 to 40
Sep Account Mutual Fund SICAV CIT
Sep Account Mutual Fund SICAV CIT
  • Management          detail

    Golan_James-landJames Golan, CFA, Partner

    Jim Golan is a portfolio manager on William Blair’s Large Cap Growth strategy and a research analyst covering U.S. large-cap technology and resource stocks. From 2000 until 2005, when he assumed his current role, Jim was a research analyst focusing on financial, technology, industrial, and resource stocks. Before joining William Blair in 2000, he worked at Citigroup Global Asset Management, where he was a global research team leader for the telecommunications sector and a key member of the team that devised valuation metrics for standardizing the analysis of domestic and international companies. Jim began his career at Kemper Financial as a research analyst covering telecommunications, technology, energy, industrial, food, and beverage companies. He is a member of the CFA Institute and the CFA Society of Chicago. Jim received a B.A. in economics from DePauw University and an M.B.A. in finance from Northwestern University’s Kellogg Graduate School of Management.

    Ricci_David_landscapeDavid Ricci, CFA, Partner

    David Ricci is a portfolio manager on William Blair’s Mid Cap Growth and Large Cap Growth strategies. He joined the Mid Cap Growth strategy in 2005 and the Large Cap Growth strategy in 2011. Previously, he was the group head for the consumer sector, focusing on specialty retail and e-commerce companies, in William Blair’s sell-side research group. Before joining William Blair in 1994, David gained extensive experience at Procter & Gamble, Melville, and Bain & Company. He is a member of the CFA Institute and the CFA Society of Chicago. David received a Sc.B., magna cum laude, from Brown University and an M.B.A. from Harvard Business School.

Sep Account Mutual Fund SICAV CIT
  • Disclosure          detail

    This material is provided by William Blair for informational purposes only and is not intended as investment advice. Any investment or strategy mentioned herein may not be suitable for every investor. Information and opinions expressed are those of the author(s) and may not reflect the opinions of other investment teams within William Blair. Information is current as of the date appearing in this material only and subject to change without notice.

    Risk
    The strategy’s returns will vary, and you could lose money by investing in the strategy. The strategy invests most of its assets in equity securities of large-cap, domestic growth companies where the primary risk is that the value of the equity securities it holds might decrease in response to the activities of those companies or market and economic conditions. Individual securities may not perform as expected or a strategy may fail to produce its intended result. Different investment styles tend to shift in and out of favor depending on market conditions and investor sentiment, and at times when the investment style used is out of favor, the strategy may underperform other equity strategies that use different investment styles. The strategy invests most of its assets in equity securities of domestic growth companies, including common stocks and other forms of equity investments (e.g., convertible securities). Convertible securities are at risk of being called before intended, which may have an adverse effect on investment objectives. The strategy is not intended to be a complete investment program. The strategy is designed for long-term investors.