LONDON CO OF VIRGINIA

The Virginia Company of London, also known as the London Company Investment Council or simply the London Company, is an employee owned investment management company based out of Richmond. The company was founded in 1994 by Stephen Mccarthy Goddard, who continues to act as the CIO of the company, with the launch of its Large Cap strategy, launching two more strategies in 1999. The company would continue to launch various strategies in the 2000s and into the 2010s, with its most recent All Cap 25 product being launched in 2013. The company provides a variety of services including equity portfolios and balanced mutual funds and invests in various value stocks of small cap and large cap companies. The Virginia Company of London invests most heavily in the consumer discretionary and finance sectors, each of which make up over a fifth of its total investment allocations, and also invests in the information technology, materials, industrials, consumer staples, health care, energy, and utilities and communications sectors, among others, in order of decreasing amount allocated. The company is currently owned by Tlc Holdings, LLC, who holds a controlling majority in the company, with the remaining ownership split amongst Lpc London, LP, the next largest holder, and various key executives. The Virginia Company of London currently has approximately $9 billion in total assets under management spread across over 7,300 accounts, all of which are discretionary. Both its total number of accounts and total assets under management have been increasing in recent years with its total number of accounts growing from 1,300 five years prior to its amount today and its assets under management growing from 800 million to well over 10 times that amount today. The company currently has 28 employees, half of which are investment professionals. The firm offers a variety of strategies including Large Cap, Concentrated. SMID Cap, and Income Equity.