Since 1992, Needham Asset Management has leveraged its investment experience and expertise in domestic growth equities to manage long/short limited partnerships. 

Our strategies are traditional long/short style limited partnerships.  The objective of the Funds is to maximize long-term capital appreciation by investing in the equities of public emerging growth companies. We focus on fundamental research and do not rely upon technical or momentum investing. Our strategy focuses on investments in companies with above-average, long-term growth rates. The Funds engage in short sales of stocks that we believe are overvalued, and establish 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.  While we invest across a spectrum of growth-oriented industries, our investments are concentrated in technology.

Business Services

  • Data Management
  • Telemarketing
  • Transaction Processing

Electronics Technology

  • Semiconductor / Capital Equipment
  • Telecommunication / Networking
  • Data Storage
  • Software


  • Medical Devices
  • Healthcare Services
  • Biotechnology
  • Pharmaceuticals

Industrial Technology

  • Instrumentation
  • Oilfield Services & Exploration
  • Contract Manufacturing
  • Specialty Materials

Internet, Digital Media, & Consumer

  • Branded Products
  • Specialty Retail
  • Media
  • Cable

How to Invest

Needham Emerging Growth Partners, L.P.: You must be an “accredited investor” within the meaning of Regulation D under the Securities Act of 1933, as amended.

Needham Contrarian (QP) Fund, L.P.: You must be an “accredited investor” within the meaning of Regulation D under the Securities Act of 1933, as amended.

Private Equity

From 1994 – 2003, Needham Capital Partners raised $330 million to fund new ideas in growth sectors, including business services, consumer, hardware & storage, healthcare, semiconductors & equipment and software and services.

Our private portfolios are fully realized, and we are not raising another private fund at this time.

For inquiries regarding Needham Hedge Funds, please contact Kathleen Mumma.