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Tygh Capital Management ("TCM") was founded in 2004 in Portland, Oregon by a team of seasoned investment professionals with an average of 26 years of industry experience. The team adheres to a disciplined bottom-up process that has resulted in a long history of successful small and small-mid cap investing.


On November 23, 2021, Voya Investment Management ("Voya IM"), the asset management business of Voya Financial, Inc., announced that it had signed a definitive agreement to acquire the investment advisory business and certain other assets of TCM. The acquisition closed on January 1, 2022, at which time all of TCM’s current employees joined Voya IM, including all members of the portfolio management team of Richard J. Johnson, CFA, Michael Coyne, CFA, Scott Haugan, CFA, and Mitchell Brivic, CFA. The TCM investment team will remain in Portland and become part of Voya’s Equities investment platform, reporting jointly to Vincent Costa and Michael Pytosh, co-CIOs of Equities at Voya IM. 

In addition to its institutional advisory clients, TCM was the investment adviser to the TCM Small Cap Growth Fund (ticker: TCMSX) (the “TCM Fund”). The TCM Fund filed a supplement to its prospectus on November 23, 2021 disclosing that the Board of the TCM Fund had approved Voya IM as the interim advisor to the TCM Fund effective simultaneously with the closing of the acquisition of TCM.  This interim investment advisory agreement enables the existing TCM investment team to continue managing the TCM Fund after the closing of the acquisition. The supplement also describes the Board’s approval of a proposed reorganization of the TCM Fund, subject to shareholder approval, into Voya Small Cap Growth Fund, a new mutual fund, anticipated in the second quarter of 2022.  Please                   to see more information about the TCM Small Cap Growth Fund.



A leading, active asset management firm, Voya Investment Management manages, as of September 30, 2021, more than $230 billion for affiliated and external institutions as well as individual investors. With over 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. For more information, visit Follow Voya Investment Management on Twitter @VoyaInvestments.

Media Contact:
Kristopher Kagel
(201) 221-6534