Rocky Peak Capital Management has launched its first mutual fund, the Rocky Peak Small Cap Value Fund (RPCSX).
The Portfolio Manager of the Fund will be Tom Kerr, CFA, an experienced investment professional who has successfully managed research-driven, small capitalisation, value-based strategies for more than 15 years. Rocky Peak Capital Management opened in December 2011 and was founded by Kerr who was formerly a principal and portfolio manager at RCB Investments, a Los Angeles-based investment manager that he joined in 1994.
"The fund utilises a research-driven, value-oriented approach and will focus on stocks with a market capitalisation of under USD3 billion," says Kerr. "We feel the best way to achieve superior investment returns is to have a long-term time horizon and invest in a focused number of undervalued companies. We welcome new investors who want to partner with us."
Premier Fund Solutions, Inc serves as the fund’s administrator, Mutual Shareholder Services, LLC serves as the fund accountant and transfer agent, with Rafferty Capital Markets, LLC serving as distributor, and custody through US Bank.