Next Century Growth Investors LLC

Next Century Growth Investors, LLC is an independent money management firm founded in November 1998, specializing in managing private and institutional accounts since January 1999. The firm offers five investment strategies through separate accounts, focusing on companies with high long-term growth potential. Investment strategies include Micro Cap Growth, Small Cap Growth, SMID, Large Cap Growth, and Small/Micro. NCG may offer portfolios on a non-discretionary basis as "models" in certain circumstances. The firm is a signatory to the United Nations' Principles for Responsible Investment initiative and has an ESG policy. As of March 24, 2025, NCG had discretionary assets under management of approximately $1,218,699,200. NCG charges advisory fees based on the fair market value of portfolio assets, payable quarterly. The standard annual management fee schedule for institutional accounts ranges from 0.45% to 1.00%, depending on the strategy. NCG negotiates fees under certain circumstances and may charge lower fees based on factors like account type and size. The firm may enter into performance fee arrangements with qualified clients, subject to individualized negotiation. NCG acts as a sub-adviser in certain cases, charging negotiated fees lower than standard fees. Clients also pay brokerage charges, custodial fees, and other incidental costs. Upon termination, fees are prorated based on the termination date. NCG's investment philosophy involves investing in high-quality, fast-growing companies in America, focusing on strong revenue growth, market leadership, and strong management. The firm actively trades, resulting in higher brokerage costs and taxes. NCG has procedures to address the allocation of investment opportunities and the execution of client trades to ensure fair treatment.