The fund is managed by experienced small-cap specialists Mark Dickherber and Shaun Nicholson since inception in July 2020, with Brady Cox and Gary Wu joining as additional managers in June 2025. The management team operates under iM Global Partner Fund Management LLC, which is part of the broader iM Global Partner platform founded in 2015 as a Luxembourg-based investment platform managing $43.5 billion across 10 worldwide locations. iMGP takes minority, non-controlling stakes in independent asset management firms, allowing them to preserve unique cultures while aligning interests over the long term. The fund maintains a concentrated portfolio of 66 holdings with median market cap of $5.0 billion and weighted market cap of $6.7 billion. Top holdings include Perimeter Solutions Inc, Valmont Industries Inc, RBC Bearings Inc, Repligen Corp, and Onto Innovation Inc, representing 15.11% of total portfolio allocation.

Read More

The fund seeks long-term capital appreciation primarily in U.S. small-cap equity securities through a multi-manager approach that combines highest conviction positions from two specialized sub-advisors. The strategy employs both growth and value investing styles, with D.F. Dent focusing on best-in-class companies with talented management, wide moats, and sustained EPS growth, while Segall Bryant & Hamill emphasizes value-focused proprietary research and client alignment. Portfolio managers focus on identifying companies with potential for significant improvement in return on invested capital (ROIC), disaggregating ROIC down to business segment levels to understand profitability drivers. The approach requires ROIC-focused management teams that are financially incentivized to improve returns through appropriate capital allocation and can articulate returns-based strategies for improving profitability. This multi-manager structure results in a diversified portfolio across styles, industries, and stocks with high active share of 96.5%.

Read More