Needham & Company, LLC founded as an investment bank focused on domestic growth equities and built on relationships.
About Us
Needham Asset Management, LLC was founded in 1992 to offer small and mid-cap investment opportunities. Over 30 years later, we manage over $1 billion in public equity investments.
We are steadfast in our commitment to create wealth for long-term investors with an emphasis on tax-efficient capital appreciation and limited downside participation. Our investment strategies focus on growth equities and strive to achieve above-market returns across different market capitalization ranges.
Managed by a team of highly knowledgeable and seasoned professionals, we follow a disciplined approach to investing, focusing on data-driven, fundamental research to provide growth at a reasonable price.
We Seek to Build Wealth for Long-Term Investors
Needham Growth Fund Needham Aggressive Growth Fund Needham Small Cap Growth FundOur History
A tradition of integrity and exceptional service for over 30 years.
1985
1992
Needham Asset Management, LLC founded.
Our flagship hedge fund, Needham Emerging Growth Partners, L.P. opened to investors.
1994
Raised $15 million of committed capital in the firm’s first private equity fund, Needham Capital Partners, L.P.
1996
Needham Growth Fund (NEEGX), the firm’s first mutual fund strategy, opened to investors.
1998
Raised $90 million of committed capital in our second private equity fund, Needham Capital Partners II, L.P.
1999
Our hedge fund strategy Needham Contrarian Fund, L.P. opened to investors.
2001
Needham Aggressive Growth Fund (NEAGX), opened to investors.
Raised $227 million of committed capital in our third private equity fund, Needham Capital Partners III, L.P.
2002
Needham Small Cap Growth Fund (NESGX) opened to investors.
2004
Our hedge fund strategy Needham Contrarian Fund (QP), L.P., formed to serve qualified purchasers.
2009
Needham Aggressive Growth Fund won a 2009 Lipper Award for Best Mid-Cap Growth Fund over Three Years.
2016
Opened institutional share classes of our three mutual funds under the tickers NEEIX, NEAIX, and NESIX.
2020
Needham Small Cap Growth Fund won two 2020 Refinitiv Lipper Fund Awards in the Small-Cap Core category for delivering strong risk-adjusted returns over three-year and five-year periods ended December 31, 2019.
2021
Needham Small Cap Growth Fund won two 2021 Refinitiv Lipper Fund Awards in the Small-Cap Core category for delivering strong risk-adjusted returns over three-year and five-year periods ended December 31, 2020.
2022
Needham Investment Management was one of eight fund families in the U.S. to receive a 2022 Refinitiv Lipper Fund Award for superior firm-wide results – Best Group for Small Company Equity based on risk-adjusted performance for the three years ended December 31, 2021.
Needham Small Cap Growth Fund won two 2022 Refinitiv Lipper Fund Awards in the Small-Cap Core category for delivering strong risk-adjusted returns over three-year and five-year periods ended December 31, 2021.
Needham Aggressive Growth Fund won a 2022 Refinitiv Lipper Fund Award in the Small-Cap Growth category for delivering strong risk-adjusted returns over the three years ended December 31, 2021.
Needham Growth Fund won a 2022 Refinitiv Lipper Fund Award in the Multi-Cap Core category for delivering strong risk-adjusted returns over the three years ended December 31, 2021.
2024
Needham Aggressive Growth Fund won the 2024 LSEG Lipper Fund Award in the Small-Cap Growth Fund category for delivering consistently strong risk adjusted performance relative to its peers over the five years ended November 30, 2023.