The four funds launching today provide non-U.S. investors with access to Baron Capital’s proven growth equity investment strategies in U.S. small-cap, U.S. real estate, U.S. high growth, and global large-cap.
Baron Capital, the premier New York-based growth equity investment firm, with a 43-year track record of long-term, fundamental, research-driven investing, today announced the launch of four UCITS Funds: Baron Capital US Small Cap Fund, Baron Capital US Real Estate Fund, Baron Capital US Opportunity Fund, and Baron Capital Global Durable Advantage Fund. Along with Baron Capital Global Advantage Equity Fund and Baron Capital US All Cap Focused Growth Fund, these funds expand the UCITS platform to six strategies, further extending access to Baron Capital’s time-tested investment approach for non-U.S. investors.
Each of the UCITS Funds is managed by experienced portfolio managers who currently lead comparable strategies within Baron Capital’s U.S. fund lineup. These managers have long-standing track records of identifying innovative, high-quality businesses and investing with a disciplined, long-term approach.
- Baron Capital US Small Cap Fund: Portfolio Managers Neal Rosenberg and David Goldsmith have been Co- and Assistant Portfolio Managers, respectively, on two of Baron Capital’s long-term, successful small cap funds (Baron Growth Fund and Baron Small Cap Fund) and will similarly invest for the long term in small-sized U.S. companies that are competitively advantaged with significant growth potential.
- Baron Capital US Real Estate Fund: Portfolio Manager Jeff Kolitch has successfully managed this strategy in the Baron Real Estate Fund since 2009 and will similarly invest in a broad array of real estate businesses with significant growth potential. The fund’s exposures span different real estate and real estate-related industries across all capitalization ranges.
- Baron Capital US Opportunity Fund: Portfolio Manager Michael Lippert has successfully managed this strategy in the Baron Opportunity Fund since 2006 and will similarly invest in high-growth businesses of any market capitalization benefiting from innovation through development of pioneering, transformative, or technologically advanced products and services.
- Baron Capital Global Durable Advantage Fund: Baron Global Durable Advantage Fund represents an extension of the successful investment strategy behind the Baron Durable Advantage Fund. The new investment strategy will invest across a geographically diversified set of companies with durable competitive advantages.Portfolio Managers Alex Umansky and Guy Tartakovsky will invest primarily in equity securities of developed and emerging markets companies throughout the world, with capitalizations within the range of companies included in the MSCI ACWI Index Net USD.
“We’ve had numerous conversations with a growing number of non-U.S. investors who seek actively managed, high-conviction growth strategies. Their investment time horizon and goals closely coincide with what we have achieved in the U.S. market throughout our 43-year history. Today’s launch marks an important milestone for Baron Capital’s global distribution journey, as we bring our proven investment strategies to this client base,” said Michael Baron, Co-President and Portfolio Manager. “Our long-term perspective permits us to think about an investment in a company as a business owner and not as a short-term trader. This focus requires extensive and detailed research to identify those businesses with competitive advantages that other companies cannot replicate. We also believe that people are key drivers of success. We therefore seek companies that are exceptionally well-managed by leaders who are mission driven and can deliver on their long-term vision. This approach has been tested over numerous market cycles, allowing us to deliver attractive long-term returns to investors.”
The launch of the four UCITS Funds expands the range of strategies available to non-U.S. investors, with Baron Capital Global Advantage Equity Fund, managed by Alex Umansky, and Baron Capital US All Cap Focused Growth Fund, managed by Ron Baron, David Baron, and Michael Baron, already available as UCITS vehicles in Denmark, France, Ireland, Luxembourg, Netherlands, Norway, Singapore, Sweden, Switzerland, United Kingdom and will be available in other non-EU/EEA jurisdictions.1
“We are proud to offer non-U.S. investors access to the same investment strategies and experienced portfolio managers that have defined our success for more than four decades,” added James Stone, Global Head of Product Development at Baron Capital. “The four new funds are a natural next step in expanding our product line and global footprint.”
