Clients
Driehaus Capital Management serves 90 clients, 23 of them pooled investment vehicles. The average client has about $290 million with the firm, and high-net-worth clients hold 0% of its $26.1 billion in assets.
- Investment companies18 clients39%
- Pooled investment vehicles23 clients31%
- Pension and profit-sharing plans11 clients5%
- State or municipal government entities7 clients20%
- Corporations and other businesses22 clients5%
- OtherHigh-net-worth individuals, Charitable organizations, Insurance companies1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 1 | $2,920,445 | 0.0% | $2.92M |
| Investment companies | 18 | $10,283,246,693 | 39.4% | $571.3M |
| Pooled investment vehicles | 23 | $7,974,399,993 | 30.5% | $346.7M |
| Pension and profit-sharing plans | 11 | $1,280,658,218 | 4.9% | $116.4M |
| Charitable organizations | 7 | $280,799,752 | 1.1% | $40.1M |
| State or municipal government entities | 7 | $5,103,785,400 | 19.5% | $729.1M |
| Insurance companies | 1 | $12,008,945 | 0.0% | $12.0M |
| Corporations and other businesses | 22 | $1,181,438,021 | 4.5% | $53.7M |
| Total | 90 | $26,119,257,467 | 100% | $290.2M |
- Clients
- 1
- Regulatory AUM
- $2,920,445
- Share
- 0.0%
- Avg. per client
- $2.92M
- Clients
- 18
- Regulatory AUM
- $10,283,246,693
- Share
- 39.4%
- Avg. per client
- $571.3M
- Clients
- 23
- Regulatory AUM
- $7,974,399,993
- Share
- 30.5%
- Avg. per client
- $346.7M
- Clients
- 11
- Regulatory AUM
- $1,280,658,218
- Share
- 4.9%
- Avg. per client
- $116.4M
- Clients
- 7
- Regulatory AUM
- $280,799,752
- Share
- 1.1%
- Avg. per client
- $40.1M
- Clients
- 7
- Regulatory AUM
- $5,103,785,400
- Share
- 19.5%
- Avg. per client
- $729.1M
- Clients
- 1
- Regulatory AUM
- $12,008,945
- Share
- 0.0%
- Avg. per client
- $12.0M
- Clients
- 22
- Regulatory AUM
- $1,181,438,021
- Share
- 4.5%
- Avg. per client
- $53.7M
Total
- Clients
- 90
- Regulatory AUM
- $26,119,257,467
- Share
- 100%
- Avg. per client
- $290.2M
What it does
Driehaus Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Driehaus Capital Management provided financial planning to 0 clients last fiscal year and advises 5 private funds.
100.0% of assets ($26.12B across 90 accounts) are managed with discretion. 16% of clients are outside the U.S., and 2 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks98%
- Cash2%
Custodians
Driehaus Capital Management’s client accounts are held mainly at The Bank of New York Mellon, with 16% of managed assets, and State Street Bank and Trust, with 7%. Driehaus Capital Management has custody of $1.19B for 5 clients.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $4.25B16%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $893.5M3%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $1.74B7%
- All other custodians$19.23B74%
Ownership and leadership
Driehaus Capital Holdings LLLP owns 75% or more of Driehaus Capital Management.
- Owns 75% or more of Driehaus Capital Management LLC
Driehaus Capital Holdings LLLP
Control person · since January 2006
- Owns 50% to 75% of Driehaus Capital Holdings LLLP
Driehaus Business and Real Estate Trust
Control person · since June 2025
- Owns 25% to 50% of Driehaus Capital Holdings LLLP
Richard H. Driehaus Family Benefit Trust
Control person · since June 2006
Driehaus Trust Company, LLC
Trustee · Control person · since December 2012
- Owns 75% or more of Driehaus Trust Company, LLC
DTC Ownership Trust
Control person · since December 2012
RHD Holdings LLC
General partner · Control person · since March 2015
Leadership
- Stephen WeberPresident and CEO
- Robert KurinskyChief Financial Officer, Chief Operating Officer and Treasurer
- Anne KochevarChief Compliance Officer
- Janet McWilliamsGeneral Counsel and Secretary
- Thomas SeftenbergHead of Global Distribution
Staff
- 82 employees
- 27 in advisory functions
- 15 broker-dealer reps
- 2 soliciting firms
Reported holdings
Driehaus Capital Management’s reported 13F holdings total $17.26B across 354 positions, and the ten largest make up 16.3% of it.
- $17.26B
- Reported 13F value
- 354
- Positions
- 16.3%
- In the 10 largest
- +26.9%
- Value vs. prior quarter
- TSMC · ADR2.7%
- Definium Therapeutics Inc.1.9%
- Praxis Precision Medicines Inc.1.9%
- Xenon Pharmaceuticals Inc.1.5%
- Silicon Motion Technology Corp. · ADR1.5%
- Spyre Therapeutics Inc.1.4%
- Crinetics Pharmaceuticals Inc.1.4%
- Apogee Therapeutics Inc.1.3%
- Guardant Health Inc.1.3%
- Planet Labs Pbc1.3%
Together, the ten largest are 16.3% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $17.26B is not its $26.12B in regulatory assets and does not represent any individual client's portfolio.
Fees
Driehaus Capital Management is paid through a percentage of assets under management and performance-based fees.
Driehaus Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Driehaus Capital Management has 3 offices (3 private residences, listed without an address), with 1 listed address in 1 state.
Illinois · 1 listed address
- 25 East Erie Street, ChicagoHQ
Registration details
- Legal name
- Driehaus Capital Management LLC
- Headquarters
- 25 East Erie Street, Chicago, IL 60611-2703
- Phone
- 312-587-3800
- Website
- www.driehaus.com
- SEC file
- 801-18439
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Driehaus Capital Management have?
Driehaus Capital Management has 90 clients and manages $26.1 billion for them, as of September 2026. They include 23 pooled investment vehicles, 22 corporations and other businesses and 18 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026
What services does Driehaus Capital Management offer?
Driehaus Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Driehaus Capital Management use?
Driehaus Capital Management’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $4,248,966,638, State Street Bank and Trust Company (Boston, MA), with $1,744,672,031 and The Northern Trust Company (Chicago, IL), with $893,494,771. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 September 2026
How many financial advisors does Driehaus Capital Management have?
Driehaus Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 82 employees, and 27 perform investment advisory functions. 15 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Driehaus Capital Management invest in?
At the end of its last fiscal year, Driehaus Capital Management’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents. It advises 5 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Driehaus Capital Management?
Driehaus Capital Management is owned through a chain of holding companies by DTC Ownership Trust and Driehaus Business and Real Estate Trust. Its direct owner is Driehaus Capital Holdings LLLP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026
How does Driehaus Capital Management get paid?
Driehaus Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file