Micro Cap

Inception Date: 8/31/2006

INVESTMENT PHILOSOPHY

Penn Capital’s Complete Capital Structure Analysis® of micro capitalization companies with complex balance sheets captures inefficiencies that traditional equity analysts frequently avoid. Our private equity approach to public markets targets undervalued companies moving towards their improved capital structure.

Differentiated return profile characteristics include:

  • High active share, low peer holdings overlap/correlation, high M&A premiums, private equity return catalysts
  • Top-ranked market capture versus majority of peers exhibiting defensive return profile
  • Focus on full market cycle; seek long-term performance in line with private equity market

    Credit 

    Equity