Overview

Hedge Funds

The Needham Hedge Funds ("the Funds") offer the investment experience of Needham Asset Management, LLC, along with the extensive and focused equity investment analysis and expertise of Needham & Company, LLC.

The Funds are traditional long/short style investment limited partnerships that invest primarily in the equities of public emerging growth companies. The objective of the Funds is to maximize long-term capital appreciation by investing in the equities of growth companies. We focus on fundamental research and do not rely upon “technical” investing (based upon computer-based stock selection, technical analysis and charts), including “momentum” investing. Our strategy focuses on investments in companies with above-average, long-term growth rates, which we believe is a result of such companies being at the vortex of rapid and fundamental changes in the world economy driven by technological and demographic change. The Funds engage in short sales of stocks that we believe are overvalued and accumulate long positions in companies we believe are undervalued. In addition, the Funds may invest in the equity and equity-related securities of promising private companies. Most of our areas of investment, as seen below, focus on the benefits from the power of information technology.


Areas of Investment

Business Services

  • Data management
  • Telemarketing
  • Transaction processing

Electronics Technology

  • Semiconductors/Capital equipment
  • Telecommunication/Networking
  • Data storage
  • Software

Industrial Technology

  • Instrumentation
  • Oilfield services and exploration
  • Contract manufacturing
  • Specialty materials

Consumer

  • Branded products
  • Specialty retailing
  • Media
  • Cable

Healthcare

  • Medical devices
  • Healthcare services
  • Biotechnology
  • Pharmaceuticals
Hedge Funds