Richard Thies

Richard Thies is a Portfolio Manager at Driehaus Capital Management LLC in Chicago, where he serves as lead portfolio manager for the Driehaus Global strategy and the Driehaus Emerging Markets Sustainable Equity, Opportunities, Growth, Small Cap Equity, and Ex-China Equity strategies. He leads the firm's Emerging Markets Team coverage of the financials sector and is responsible for macroeconomic analysis, security selection, portfolio construction, risk management, and ESG integration across these mandates.

Thies specializes in emerging markets equities with a focus on identifying high-growth opportunities tied to social and environmental solutions, as well as robust governance structures. He leverages a bottom-up growth equity approach while applying macroeconomic, fundamental, and behavioral analyses; his work features strong emphasis on ESG criteria, and he actively excludes investments in sectors like coal, gambling, tobacco, adult entertainment, and weapons.

With a career spanning roles as senior macro analyst and assistant portfolio manager at Driehaus, as well as prior experience as an international economist at The Northern Trust and in microfinance banking in sub-Saharan Africa, Thies brings deep expertise in development economics to his investment process. He holds a Bachelor of Arts in international studies from Emory University and a Master of Arts in international political economy from the University of Chicago, reflecting his strong foundation in global markets and sustainable finance.