Westfield was established and registered with the Securities and Exchange Commission in 1989 to provide investment management services to institutional and high net-worth investors.
Since inception, assets under management have grown from $130 million to over $13.3 billion as of December 31, 2022. Today, Westfield has 60 employees and operates one office located at One Financial Center in Boston, Massachusetts.
On December 14, 2009, Westfield Capital Management Company, L.P. completed the purchase of the firm from Boston Private Financial Holdings, Inc. (NASDAQ: BPFH). As a result of the transaction, Westfield was returned to employee ownership which helps to ensure both the long-term stability of our senior management team and key investment personnel, as well as Westfield's continued growth and success. Westfield's partners, led by Will Muggia, maintain day-to-day operational and strategic control of Westfield.