The WESTFIELD CAPITAL MANAGEMENT COMPANY, L.P. is a privately held investment adviser that advises $23.55Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. WESTFIELD CAPITAL MANAGEMENT COMPANY, L.P. is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 62.84% over the last 5-years.
The Group has been registered with the SEC for 17.6 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at ONE FINANCIAL CENTER, BOSTON, MA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 60 employees comprised of 19 investment and 41 non-investment staff. The total number of Employees increased by 5.26% over the last 5-years.
Their $23.55Bn in assets advised are owned by 15 private funds, 15 public funds and BDCs and 281 other accounts. Assets of Investment Companies (IC) clients own $7.02Bn or 29.81% of Total Assets and Pension and Profit Sharing Plans-Private own $5.64Bn or 23.95% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Multi Strat and Traditional LBO, representing 47.06%, 28.55% and 24.39% of total assets, respectively.
They advise 9 types of clients, top clients are Investment Companies (IC) and Pension and Profit Sharing Plans-Private.
The Group uses 2 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 3 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
WESTFIELD CAPITAL MANAGEMENT COMPANY, L.P. names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In WESTFIELD CAPITAL MANAGEMENT COMPANY, L.P.'s case, they have 12 business conditions that require high process maturity and 2 Watch Factors.