Falcon Point Capital Receives $20 Million Investment from a large state plan into its Micro Cap Strategy
SAN FRANCISCO, Sept. 11, 2014 /PRNewswire/ -- Falcon Point Capital, LLC of San Francisco announces today that in July it received a $20 million investment into to the firm's Micro Cap Growth Strategy from a large state plan. The Strategy is co-managed by James Bitzer and Michael Thomas using Falcon Point's disciplined investment process.
Falcon Point Senior Managing Director James Bitzer said, "Falcon Point is pleased to be selected to manage a portion of the state plan's micro cap allocation. Micro cap stocks are the least efficient segment of the U.S. equity markets and an ideal area for active management." Senior Portfolio Manager Michael Thomas said, "By deploying our disciplined, fundamental research process, Falcon Point looks forward to continuing to produce excellent risk-adjusted returns for many years to come."
Falcon Point's Micro Cap Strategy generated a compound annual net return of 21.2% for the three years ending June 30, 2014 versus the Russell Micro Cap Index of 15.4%. According to the Investworks Database of 175 firms and 246 products, this ranks the strategy in the top decile of small and micro cap managers. The strategy currently has over $110 million of assets under management and expects to close in the $350-$400 million range.
About Falcon Point Capital, LLC:
Falcon Point Capital, LLC is an SEC registered investment adviser based in San Francisco which manages the assets of both individuals and institutions. Falcon Point has a recognized expertise investing in small cap growth companies and has three distinct equity strategies managed off of a common research platform. Falcon Point has four principals, James Bitzer, Michael Mahoney, Michael Thomas and Toby Chanudomchok.
Falcon Point Capital does not pay a fee to participate in the Investworks Database ranking surveys.
CONTACT: Mariah Brooks, Client Relations Manager of Falcon Point Capital, LLC, +1-415-782-9642, [email protected]
Web Site: http://www.falconpointcapital.com/
SOURCE Falcon Point Capital, LLC
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