LAKE OSWEGO, Ore., May 4, 2017 /PRNewswire/ -- With an impressive 10.2% annualized net return for ten years ended March 31, 2017, the Micro Cap Value strategy*, managed by Pacific Ridge Capital Partners, LLC (http://www.PacificRidgeCapital.com), has reached a milestone anniversary.
As a result of a consistent investment philosophy and experienced professionals implementing its investment process, the strategy's return managed to outpace its benchmark (the Russell Microcap® Value Index) by 690 basis points (gross) and 520 basis points (net) over the past ten years, with the Index returning 5.0% annualized for the same period.
"Our value contrarian investment philosophy, combined with focusing on the smallest and most inefficient segment of the U.S. equity market, has generated positive results for our clients, as witnessed by the success of the Micro Cap Value strategy," said Dominic Marshall, CFA, co-Senior Portfolio Manager at Pacific Ridge Capital Partners.
The strategy's assets under management were $255 million as of March 31, 2017, bringing the total assets managed by the firm to $364 million as of March 31, 2017.
"Our investment team has been working together for almost two decades," stressed Mark Cooper President of Pacific Ridge Capital and co-Senior Portfolio Manager. "Because of this long-tenured professional relationship, we're disciplined and patient, which means we've been able to take advantage of opportunities many other investors miss."
Marshall and Cooper attribute the success of these strategies to a time-tested investment process that has been consistent and measurable.
"Practicing this contrarian style not only requires a strong stomach, but an ability to ignore popular sentiments," added Marshall. "The reason for the Micro Cap's strong performance lies in the discipline we bring to managing portfolios. Not every investment firm is designed to pursue investments over a long-term horizon. Ours is, and the returns reflect that."
Pacific Ridge Capital also manages a Small Cap Value strategy that had $109 million in assets under management as of March 31, 2017. It follows the same investment philosophy and process as the Micro Cap strategy.
"We invest in both of our strategies and are aligned with our clients, and I'm looking forward to what lies ahead as we seek to continue generating strong performance," says Cooper.
ABOUT PACIFIC RIDGE CAPITAL PARTNERS
Pacific Ridge Capital Partners, LLC is an independent, 100% employee-owned registered investment adviser serving institutional and high net worth clients. The Company was founded by a seasoned group of investment professionals, comprising over 80 years of combined industry experience. The company employs a value contrarian investment management philosophy, generating its own investment ideas using fundamental analysis and bottom-up stock picking in its steadfast pursuit to deliver superior investment returns.
* Pacific Ridge Capital Partners' inception date was June, 2010. The Micro Cap Value strategy performance represents the track record established by the Portfolio Management Team while affiliated with other firms prior to June, 2010. The portability of the prior track record has been reviewed by Ashland Partners & Company LLP. The results include the reinvestment of dividends and other earnings. Past performance is no guarantee of future results, and there is no guarantee that the advisor will be able to generate positive returns in the future.
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SOURCE Pacific Ridge Capital Partners, LLC