- CEO
- Thasunda Brown Duckett
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York NY 10017 New York NY United States of America 10017
- IPO Date
- Dec 4, 2015
- Business
- Nuveen Large Cap Growth Fund (TILHX) is an actively managed mutual fund that seeks favorable long-term capital appreciation by investing primarily in large-cap equity securities exhibiting growth potential; it normally allocates at least 80% of its assets to such securities of issuers with market capitalizations within the top 80% of the Russell 1000 Index, focusing on companies in emerging economic sectors, those with distinctive products or promising markets, and entities poised for strong earnings or sales growth, including special situations like prospective acquisitions or reorganizations; up to 20% of assets may be invested in foreign securities. The fund offers multiple share classes, including Institutional Class (TILHX), R6 Class (TILGX), and others, targeting institutional and retail investors seeking exposure to U.S. large-cap growth stocks across sectors such as technology, communication services, consumer discretionary, health care, and financial services. Managed by Nuveen Fund Advisors, LLC, a subsidiary of TIAA, the fund operates within the large-growth segment of the mutual fund industry, benchmarking against the Russell 1000 Growth Index, with portfolio managers emphasizing bottom-up stock selection and active positioning.
Originally launched on March 31, 2006, as part of the TIAA-CREF Funds complex and headquartered at 730 Third Avenue, New York, NY, under the oversight of Teachers Advisors, LLC (now Nuveen), the fund underwent a significant rebranding effective May 1, 2024, when all TIAA-CREF (TC) Funds transitioned to the Nuveen name to align with TIAA's global asset management arm; this included share class renaming for consistency across the rebranded family. In 2025, Nuveen continued expanding its broader platform with initiatives such as raising $785 million for its third C-PACE Lending Fund in July, targeting sustainable real estate financing with over $6 billion in total strategy assets under management, and achieving a final close of $650 million for its U.S. Strategic Debt Fund in December after deploying $1.3 billion across 19 investments since April 2024; additionally, Nuveen launched a Global Multi-Asset Infrastructure Platform in October 2025 to accelerate growth in public and private infrastructure across energy, digital assets, and securitized opportunities, reflecting strategic shifts toward alternatives while maintaining core equity offerings like TILHX. These developments underscore Nuveen's evolution as a $1.3 trillion asset manager serving institutional clients, retirement plans, and individual investors primarily in the U.S., with global reach through its parent TIAA's operations.