Growing companies that manage change advantageously and are poised to exceed expectations.
Long-term revenue and earnings potential, financial strength and quality of management.
Relative price strength of the stock and industry, liquidity, institutional sponsorship and market sentiment.
Nicholas Investment Partners Launches Small Cap Growth Mutual Fund Based on Its Institutional US Small Cap Strategy
January 16, 2019 — Nicholas Investment Partners announced today the launch of its first no load mutual fund, the Nicholas Partners Small Cap Growth Fund (NPSGX, NPSYX), with $40 million in partner assets (read the press release).
Catherine Nicholas, CIO and Portfolio Manager, featured on Asset TV’s Masterclass: Small Caps
Catherine joined host Gillian Kemmerer and three other small-cap managers to discuss some of the current and prospective drivers of small-cap stock performance[...] 
our approach

investing in dynamic, innovative companies

We believe that change creates opportunity.

Dynamic change often creates a disconnect between a company’s future earnings power and its current stock price. Growth catalysts are often misunderstood as investors tend to be anchored in their expectations raising them gradually to reflect new information, and thereby creating mispricing opportunities.

We seek to exploit this inefficiency by investing in dynamic companies with accelerating revenue and/or earnings growth in which our research indicates the company’s growth is sustainable and the company’s stock is a timely investment.

We specialize in small- and mid-cap companies, which we believe to be some of the most inefficient and rewarding segments of the global markets. The disconnect between current valuations and future growth is often exacerbated by less research coverage, limited liquidity, short financial history, or no credit rating.

Importantly, we believe selling is as important as buying. We strive to be disciplined in selling positions when the investment opportunity has been fully realized and before the acceleration of growth slows, typically over the next 12 to 24 months.

SEEKS TO IDENTIFY COMPANIES WITH THE POTENTIAL TO BENEFIT from change that is real, lasting and not yet priced in

Our portfolios are comprised of securities that meet the following three criteria:

Change: Sources of positive change may include new products and services, competitive advantage, industry dynamics, regulatory change, a new business model or management change

Sustainability: Accelerating growth must also be sustainable and supported by the company’s long-term revenue and earnings potential, financial strength and quality of management

Timeliness: A great company that also makes for a great investment should be supported by positive relative price strength of the stock and industry, liquidity, institutional sponsorship, and other market sentiment factors.
Companies meeting our investment philosophy are generally distinguished by revenue and/or earnings acceleration, upward earnings revisions, a well-executed business plan, favorable competitive positioning, increasing market share and a skilled management team.
essential criteria
To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the Fund’s prospectus, and if available, the summary prospectus, which may be obtained by clicking here. Please read the prospectus, and if available the summary prospectus, carefully before investing.

Mutual fund investing involves risk including possible loss of principal. In addition to the normal risks associate with investing, investments in smaller companies typically exhibit higher volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations.

There is no assurance the fund's investment objective will be achieved or maintained.

The Funds is distributed by SEI Investment Distribution Company (SIDCO) 1 Freedom Valley Dr, Oaks PA 19456. SIDCO is not affiliated with Nicholas Investment Partners.  Additional information about SIDCO can be found on BrokerCheck.
committed to staying


> 100% employee and majority women-owned investment boutique

> Focused on investing in dynamic, less efficient markets

> Offering actively-managed investment solutions to help our clients achieve their long-term goals

> Built on decades of experience over multiple market cycles

> Aligned with clients’ interest
"We have built our success on a forward-looking investment approach that focuses on change, where companies are going, not where they have been. We seek out dynamic, innovative and growing companies who are differentiated leaders in their industries and that offer products and services with distinct competitive advantages."

– Catherine Nicholas, Managing Partner & Chief Investment Officer
about us
Nicholas Investment Partners, L.P. is an independent, employee-owned and majority women-owned investment boutique focused on investing in dynamic, less efficient markets such as US small- and mid-cap equities and convertible bonds. We believe that change creates opportunity. We invest in dynamic companies with accelerating revenue and/or earnings growth in which our research confirms the company’s growth is sustainable and the company’s stock is a timely investment. Our edge comes from combining fundamental equity and credit research with the objectivity and efficiency of quantitative analytics. We have a results-driven and client-centric culture centered on building lasting and value-added relationships with a select group of institutional and private wealth clients and consultants.