HC Westfield US Small Cap Growth Fund
Westfield launched its US Small Cap Growth Equity strategy into UCITS format in January 2025. Within growth, the strategy is valuation aware, and you will find both secular and cyclical investments, therefore intending to offer a resilient performance profile through the cycle. The strategy has demonstrated strong downside protection since inception, enabling it to compound very well both during favourable and unfavourable environments for growth investing. A clear differentiator from the majority of peers is that decision making is collective. Westfield has also developed a proprietary risk tool which enables the PM’s to be aware of unintended behavioural traits which may accumulate in portfolios. The strategy has outperformed the benchmark (Russell 2000 Growth) and peers since its inception.
Key people:
Will Muggia
Will joined Westfield Capital Management in April 1994. In addition to his executive duties, he chairs the Investment Committee, serves as Market Strategist and contributes investment ideas primarily within the Health Care and Energy sectors.
In 2001, Will was promoted to President and Chief Investment Officer and now oversees all of Westfield’s US equity and hedge fund strategies. In this role, Will and his team have grown the firm from $2 billion to $16 billion in assets under management.
Prior to joining Westfield, Will worked in the Technology Investment Banking Group at Alex Brown & Sons, where his responsibilities included mergers and acquisitions, restructuring, and spin-offs. Before that, he was a Vice President at Kidder, Peabody & Company.
Will graduated from Middlebury College in 1983 and received a Masters in Business Administration from the Harvard Business School in 1992.
Will and his family are very active in community service, focusing their efforts on education for underprivileged youth. He is a member of the Board of Directors of SquashBusters and the Advisory Board of The Base.
Ethan Meyers
Ethan is a Managing Partner and Director of Research at Westfield Capital. As a member of the Investment Committee, he contributes ideas to all of Westfield’s products, with a specific concentration in Financial Technology and Business Services.
In 1999, Ethan joined the Westfield team after working as a Research Analyst at Johnson Rice & Company LLC, in New Orleans, LA.
A Chartered Financial Analyst, Ethan earned a Bachelor of Science degree from the A.B. Freeman School of Business at Tulane University in 1996. He is a member of the Boston Society of Security Analysts.
In addition to spending time with his family, Ethan enjoys guitar, basketball, golf and scuba diving.
Rich Lee
Rich is a Managing Partner, Chief Investment Officer and a member of the Investment Committee. Rich brings 24 years of experience to his focus on the Information Technology sector.
Before joining Westfield in 2004, Rich cultivated his investment experience at Wit Soundview Technology Group, Hambrecht & Quist, LLC and Smith Barney, holding various analyst positions.
Rich earned his Bachelor of Arts degree from Harvard College in 1994 and is a Chartered Financial Analyst. He enjoys playing tennis and spending time with his family.