Winslow Capital Management LLC

Corporate ventureSEC-registered adviserClassification probable· Minneapolis, MinnesotaWINSLOWCAPITAL.COM

Winslow Capital is a premier growth equity investment firm that uses strategies & research to find sustainable opportunities in public & private global markets.

In the firm's own words, from its website.

Reported fund assets
$519M
sum of its funds' Form ADV filings, last 30 months
Investment team
2
Latest vintage
2023
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsFundsInvestmentsTeam (4)
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

3 additional team members, 5 additional co-investors and affiliates, 7 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people
  • Justin Holly Kelly
    Chief Executive Officer, Chief Investment Officer, Portfolio Manager
    Why: Chief investment officer: owns the allocation decision
    No route on file yet
  • Megan L Anderson
    Managing Director, Chief Client Officer
    Why: Managing director
    No route on file yet

Relationship network

7 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Winslow Capital Management LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Winslow Capital Management LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months
Investments on record
0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
growth
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

4 current, 5 departed
Decision makers
who to call first, and why; then everyone else by function
  • Justin Holly Kelly · Chief Executive Officer, Chief Investment Officer, Portfolio Manager
    Why this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
  • Megan L Anderson · Managing Director, Chief Client Officer
    Why this person: Managing director; Named with investment responsibility
Who else at this firm · 1 person, grouped by function
Finance, operations and compliance (1)
  • Derek Michael Ciernia · Managing Director, Chief Compliance Officer And Chief Legal Officer
    Why this person: Managing director

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
4 current, 5 departed
5 departed (kept with end dates)
  • Clark Joseph Winslow · Founder · Jun 1, 1992 to Mar 23, 2019 Inference
  • Michael S. Palmer · President · Aug 1, 2010 to Mar 23, 2022 Inference
  • Laura Jean Hawkins · Managing Director, Chief Administrative Officer And Chief Risk Officer · Jul 1, 2017 to Mar 15, 2021 Inference
Contacts
1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

3 vehicles, 0 LPs disclosed
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Winslow Growth Capital Fund III, L.P.Growth fund2023 form d first saleActive deployment$297M
Mar 20, 2026
28$205M
of $500M
Apr 4, 2024
Winslow Growth Capital Fund II, L.P.Growth fund2020 adv first reportedMature$118M
Mar 20, 2026
36$0
of $400M
Sep 30, 2019
Growth Capital Fund I, L.P.Growth fund2016 form d first saleHarvest$104M
Mar 20, 2026
22$200M
of $200M
Jan 13, 2016
Limited partners
0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 1 other DFX graph
Co-investors
0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on RIA and Wealth, matched by identifier. See which records
Across the graphs

Winslow Capital Management LLC is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

12 dated events, 80 observations from 3 sources
Timeline
12 dated events
  1. Mar 15, 2024
    Winslow Growth Capital Fund III, L.P. first reported on Form ADV by Winslow Capital Management LLC (Venture Capital Fund), GAV $205,450,000
    Fund first reported on Form ADVFundsFactWinslow Growth Capital Fund III, L.P.Form ADV
  2. Mar 23, 2022
    Michael Scott Palmer (President) no longer on Schedule A of Winslow Capital Management LLC
    Person leftPeopleInferenceMichael S. PalmerForm ADV
  3. Dec 1, 2021
    Megan L Anderson joined Schedule A of Winslow Capital Management LLC as Managing Director, Chief Client Officer
    Person joinedPeopleFactMegan L AndersonForm ADV
  4. Mar 15, 2021
    Laura Jean Hawkins (Managing Director, Chief Administrative Officer And Chief Risk Officer) no longer on Schedule A of Winslow Capital Management LLC
    Person leftPeopleInferenceLaura Jean HawkinsForm ADV
  5. Mar 25, 2020
    Winslow Growth Capital Fund II, L.P. first reported on Form ADV by Winslow Capital Management LLC (Venture Capital Fund), GAV $115,095,572
    Fund first reported on Form ADVFundsFactWinslow Growth Capital Fund II, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 20, 2026 · 3 private fundsShow
Headquarters
Minneapolis, MNadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
WINSLOWCAPITAL.COM
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 20, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$519Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$29Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
37
Owners on Schedule A
Nuveen Holdings, Inc. (Shareholder), owns 75% or more; Nuveen, LLC (Member), owns 75% or more; Nuveen Finance, LLC (Shareholder), owns 75% or more
Classification history
Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Corporate venture (probable, 80%)
Evidence
80 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 20, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 20, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 20, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 15, 2024FactForm ADV
First Form ADV filing2012-03-20Mar 20, 2026FactForm ADV
First Form ADV filing2012-03-20Mar 15, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-20Mar 20, 2026FactForm ADV
Latest Form ADV filing2026-03-20Mar 20, 2026FactForm ADV
Latest Form ADV filing2024-03-15Mar 15, 2024FactForm ADV
SEC statusApprovedMar 20, 2026FactForm ADV
SEC status effective1992-04-22Mar 20, 2026FactForm ADV
Venture share of reported funds1Mar 20, 2026FactForm ADV
Venture share of reported funds1Mar 15, 2024FactForm ADV
Business phoneMar 20, 2026FactForm ADV
Business phoneMar 15, 2024FactForm ADV
DescriptionSep 16, 2026Factno URL
DescriptionSep 12, 2026Factno URL
Employees37Mar 20, 2026FactForm ADV
Employees39Mar 15, 2024FactForm ADV
HeadquartersMinneapolis, MNMar 20, 2026FactForm ADV
HeadquartersMinneapolis, MNMar 15, 2024FactForm ADV
Office addressMar 20, 2026FactForm ADV
Office addressMar 15, 2024FactForm ADV
Legal formLimited Liability CompanyMar 20, 2026FactForm ADV
Private funds reported3Mar 20, 2026FactForm ADV
Private funds reported3Mar 20, 2026FactForm ADV
Private funds reported3Mar 15, 2024FactForm ADV
Private fund gross assets (reported)$519MMar 20, 2026FactForm ADV
Private fund gross assets (reported)$519MMar 20, 2026FactForm ADV
Private fund gross assets (reported)$494MMar 15, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$29BMar 20, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$23BMar 15, 2024FactForm ADV
Schedule a diffsadiff-1Mar 20, 2026FactForm ADV
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesgrowth
“stage words on the home page”
Sep 12, 2026Factno URL
Venture funds reported3Mar 20, 2026FactForm ADV
Venture funds reported3Mar 20, 2026FactForm ADV
Venture funds reported3Mar 15, 2024FactForm ADV
WebsiteMar 20, 2026FactForm ADV
WebsiteMar 15, 2024FactForm ADV
Site titleSep 16, 2026Factno URL
Site titleSep 12, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersCorporate venture, probableShow
Importance
24
moderate
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Corporate venture · probableSEC registered investment adviser

Corporate parent: Nuveen Holdings 1, Inc.

The inputs behind each score
importance
gav: 0.52 · funds: 0.25 · people: 0.16 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 3 · reported gav: $519M · first adv filing: 2012-03-20 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-20source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

Not yet on record: new companies, 12 mo.