MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, September 15, 2011 Hatteras Wins Praise for 261 Percent Growth Fundsters may want to take a look at the 2011 Inc. 5000 list from Inc. magazine. Some familiar faces feature prominently on the new list, which ranks the 5,000 fastest growing (defined as revenue growth from 2007 to 2010) privately-held companies in the United States. Raleigh, North Carolina-based Hatteras Funds [see profile] landed at 1,142 on the list, and 61 in financial services, thanks to three-year revenue growth of 261 percent, reaching $35.2 million last year. The firm, founded in 2003, had 52 employees last year, up 25 from 2007. Fairport, New York-based Manning & Napier [see profile], which filed earlier this year for an initial public offering but has yet to pull the IPO trigger [see MFWire.com, 7/8/2011], ranked 2,550, and 120 in financial services. Its revenue grew 92 percent over three years to $255.5 million last year. Founded in 1970, the fund firm had 414 employees last year. Houston-based broker-dealer parent NEXT Financial Holdings earned number 4,395 on the list, and 200 in financial services. Its revenue climbed 21 percent in three years to $139.8 million in 2010, and its headcount rose 67 to 148. The firm was founded 12 years ago. NEXT is not a newcomer on the list: it ranked at 1,652 in 2007; 1,832 in 2008; 2,309 in 2009; and 3,274 in 2010. Printed from: MFWire.com/story.asp?s=37816 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |