Media Coverage

WALTHAM, Mass.Dec. 12, 2022 - Granahan Investment Management, Inc. (GIM), a majority employee-owned boutique investment manager and small-cap equity specialist, has been named for the second consecutive year as a "Best Places to Work in Money Management" by Pensions & Investments, a leading global news source for the asset management industry. The 2022 award is part of the publication's 11th annual survey and recognition program, which is dedicated to identifying and recognizing the best employers in the money management industry. "We are honored to be recognized again by Pensions & Investments with a "Best Places to Work in Money Management" award," said Jane White, CEO of Granahan Investment Management. "Since our founding in 1985, our distinctive culture has been grounded in cooperation, respect, and a shared goal of providing our investors with superior performance and client service." Waltham, Mass.-based GIM was founded by investment professionals with a passion for small-cap growth equities and a focus on bottom-up stock selection. GIM's close-knit team works collaboratively while offering a healthy diversity of opinion. "As their employees attest, the companies named to this year's Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture,'' said Julie Tatge, executive editor, Pensions & Investments. "Even as firms grappled with volatile markets and stresses from the pandemic, their employees said they felt strong support from their managers, enabling them to do their best work." Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part, worth approximately 25% of the evaluation, consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems, and demographics. The second part, worth about 75% of the evaluation, consisted of an employee survey to measure the employee experience. The combined scores determined the top companies. For a complete list of the 2022 Pensions & Investments Best Places to Work in Money Management winners and write-ups, go to

Granahan Investment Management, Inc. (GIM), founded in 1985, is a small cap equity specialist with broad employee ownership and $3.1 billion in assets under management as of Sept. 30, 2022. The firm offers micro cap, small cap, mid cap, and SMID strategies for institutions and high net worth individuals worldwide. For more information, visit

Granahan Investment Management Selects Esgaia for Engagement Tracking

Granahan has decided to implement Esgaia’s independent, purpose-built software to support its investment stewardship practices.

Esgaia, a Swedish software company, focuses on helping institutional investors optimize their engagement process by providing a dedicated engagement management platform.

Granahan will use the solution to simplify recording, monitoring, and coordination of engagement activities across the organization, while advancing stakeholder reporting using automated statistics on both entity and product level.

Jane White, CEO of Granahan Investment Management, commented: “The lack of standards surrounding ESG regulation makes process implementation difficult. The Esgaia platform helps us apply the engagement best practices we’ve defined at GIM, while also giving us the flexibility to refine and evolve in this continuously changing regulatory environment. We are thrilled to partner with a provider that is helping investors report on engagement practices more easily.”

Anton Ljung, CEO of Esgaia, said: “Granahan is one of our first US-based clients, which says a lot about their intent and drive towards engagement best practice. Purposeful engagement is about setting expectations and helping entities manage important issues, using accountability and consequence as levers. By providing use case centric functionality and continuous improvements, Esgaia’s software supports investors in this endeavor. We look forward to advancing investor practices together with Granahan.”

Contact information

Anton Ljung CEO, Esgaia AB

Liz Ziegler CMO, Granahan Investment Management

Esgaia’s software is trusted by leading responsible investors representing over 240 bn USD in AuM. Investors use Esgaia's software to record and coordinate engagement activities, and advance stakeholder reporting using automated statistics for both entity and product-level disclosures. Website:

NEW YORK and WALTHAM, Mass., Nov. 16, 2021- Granahan Investment Management, Inc. (GIM), a small cap equity investment boutique with $5.8 billion in assets under management, and Kudu Investment Management, LLC, a leading provider of permanent capital solutions to asset and wealth managers, today announced that Kudu has acquired a minority interest in GIM. Financial terms were not disclosed. As part of the new partnership, more than 75% of the equity in GIM will continue to be held by its employees, broadly distributed across the firm. In addition, GIM will retain its autonomy over the operations of the firm. (Read More)

Gary Hatton 1956-2021 — Granahan mourns passing of its co-founder (Read our tribute here)

June 2021: Citywire has named Granahan their Boutique of the Month (Read More)

February 2021: GIM Portfolio Manager, David Rose, is highlighted as he discusses the drivers behind the outstanding 2020 performance for the Small Cap Select and SMID Select strategies in the Pension & Investments February 22nd article, Growth Equity Strategies Rocket Ahead.  Accompanying the article is the asset class specific rankings, where for the 5-year period ending 12/31/2020, GIM has four distinct strategies in the top 10 for the Small Cap Growth Equity category

October 2020:  Citywire Selector names Drew Beja and the GIM Small Cap Focused Growth strategy in The Guide to Europe's Top Fund Managers. (Read More)

August 2020: Domestic small-cap growth equity manager Granahan Investment Management’s efforts toward diversifying its client base from a single investor have kept it going strong. Read the article here.

June 2020: Jane White, GIM President & CEO, joins an AssetTV segment on Small Cap stocks.  Jane highlights the opportunities for many well-positioned small cap growth companies even as there is uncertainty surrounding the Covid-19 pandemic, resulting economic fall-out, and accompanying government stimulus. Click here to view the video. 

April 2020:  Citywire Selector profiles AAA-rated portfolio manager, Drew Beja, and the GIM Small Cap Focused Growth strategy.  The Granahan US Focused Growth Fund (UCITS), with its emphasis on sustainable growth companies, is ranked #1 for the 1-,3-, and 5-year time periods ending March 31, 2020 in the Citywire universe of US Small/Medium funds. (Read More)

April 2020:  Granahan Investment Management was pleased to host Jim Furey of Furey Research Partners for a discussion on how U.S. small cap stocks are positioned for the inevitable, albeit unpredictable, economic and market recovery.  Topics covered include:

  • History’s bear market lessons,
  • What equity style, sector, industry & portfolio characteristics will lead out of the recession and stock market bottom,
  • Longer term economic, social & political changes due to the Coronavirus and its recession.
Click here for the replay.  Request the accompanying slide deck here. Small Cap Growth in Market Downturns  

On this segment of Asset TV, David Rose, PM for Granahan's Small/MidCap Select Strategies, discusses his views as a growth equity investor in the small cap market, how volatility can be a friend, and the general outlook for small caps. (Read More)

US SMALL CAPS: BIG CHANGE AND INNOVATION PRODUCE BIG OPPORTUNITIES Granahan’s veteran portfolio managers highlight the US Small Cap growth sectors where innovation and disruption provide investment opportunities. To read the full Citywire Selector article, please follow this link. (Read More)

This segment includes an interview with GIM’s Small Cap Focused Growth portfolio manager, Drew Beja, conducted by HC Asset Management for their Japanese institutional clients. (Read More)

Small Cap Focused Growth Drew Beja, the portfolio manager of GIM's Small Cap Focused Growth strategy, provided some insights into the types of companies that fit his investment criteria in the Citywire Global article Boutique Manager Reveals "Desert Island" Small Cap Bets. (Read More)