About

Founded in 2014, Jackson Square is an independent, majority employee-owned investment manager specializing in long-only, growth-oriented equity investing. Their approach has been honed by a team who has worked together for more than two decades, resulting in a unifying investment philosophy of concentrated, long-term investing focused on intrinsic business value growth.

Founded

2014

Affiliate Since

2020

Headquarters

San Francisco

Jackson Square's Products on AMG Wealth's Platform

JSPJX

Jackson Square Large-Cap Growth Fund

Fund Detail

DCGTX

Jackson Square SMID-Cap Growth Fund

Fund Detail

Philosophy and Approach

 

Philosophy

Jackson Square Partners believes that superior risk-adjusted returns can be achieved by investing in concentrated, conviction-weighted portfolios of companies that have steady, stable business models and opportunities to generate consistent, long-term growth of intrinsic business value. This tenet drives the team’s analysis of the risk/reward profile of every company they consider for investment.

When evaluating a company, they emphasize its intrinsic business value, meaning its returns on invested capital and its ability to generate free cash flow. They invest behind positive fundamental change and believe the companies they select will have a clear and sustainable competitive advantage, unique secular opportunities, and an exceptional management team, dedicated to creating shareholder value. Jackson Square Partners looks to create differentiated portfolios with exposure to both secular and idiosyncratic growth drivers. The team takes a consultative approach with company management teams, engaging on key value drivers with receptive portfolio companies.


Approach

Because the Jackson Square Partners investment team members are generalists, they are charged with finding the most attractive companies in the marketplace, irrespective of sector, industry, or geography. Idea generation is organic, rather than filter-driven, often originating from a change or catalyst within a company or sector. The team’s financial rigor is focused on identifying the key metrics for each business model and the underlying levers that will drive future performance for each company.

Company-specific research and portfolio construction considerations for each of Jackson Square’s investment strategies are discussed regularly with the entire investment team. Ideas are presented to the group for vetting and deliberation, a vibrant example of the firm’s ‘culture of debate.’ Their portfolios are built to be benchmark-agnostic, with weightings determined by a careful assessment of risk and reward.

Portfolio Managers

Christopher Bonavico

PORTFOLIO MANAGER, ANALYST

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Kenneth Broad

CO-CHAIRMAN, PORTFOLIO MANAGER, ANALYST

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Ian Ferry

CIO, PORTFOLIO MANAGER, ANALYST

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William Montana

PORTFOLIO MANAGER, ANALYST

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Jeffrey Van Harte

CO-CHAIRMAN

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Brian Tolles

PORTFOLIO MANAGER, ANALYST

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All Affiliates

AMG’s Affiliates are high-quality independent investment management firms with entrepreneurial cultures and an investment-centric focus.