Next Century Growth Investors, LLC is an independent money management firm located in Minneapolis, MN. Founded in November 1998 by Tom Press and Don Longlet, our philosophy is to construct and manage portfolios with the highest quality and fastest growing companies in America with the belief that this will lead to market outperformance over the long-term. NCG has managed institutional accounts since January 1999 and the portfolio managers have over 100 years of combined investment experience. We offer a disciplined approach to growth stock investing, an approach that has endured numerous economic and market cycles.
Our philosophy, strategy, and process have remained consistently focused on investing in high growth companies since the inception of the firm. Our performance comes from having a stable team of experienced portfolio managers consistently applying our investment process. We are proud of the fact we have had no portfolio manager turnover in our history. NCG is primarily owned by its portfolio managers which provides an environment conducive to the long term sustainability of our investment strategy.
We stick to our growth stock investing discipline in all parts of the economic cycle and in all market environments. There have been times in our history when growth stocks have been out of favor and the economic environment has been a headwind for growth companies. Yet we continued to put together a portfolio of high quality growth companies that, over time, delivered our intended results. We believe consistent execution of our process in this inefficient market could lead to market outperformance in the future.