Pacific View Asset Management, LLC

News


Pacific View Asset Management Announces Five-Year Anniversary of U.S. Small Cap Growth Strategy

Pacific View Asset Management, LLC (“Pacific View”), announced today the five-year anniversary of its U.S. Small Cap Growth Strategy. The strategy utilizes a Momentum At a Reasonable Price approach to portfolio construction, which has resulted in outperformance of the strategy’s benchmark index. Through the five years ended June 30, 2018, the strategy performed in the top 15% of its peer group with less volatility than the Russell 2000 Growth Index.1 “We believe our Momentum At a Reasonable Price investment process represents a differentiated approach. It has shown that it is possible to generate excess returns with momentum factor exposure while exercising strong valuation discipline,” said Mike Ashton, Portfolio Manager of the strategy. “We think the strategy is well positioned for the years ahead given its low historical downside capture ratio of below 80%.” Since inception, Pacific View has grown into a firm offering a range of investment strategies across multiple asset classes. “We believe reaching the five-year milestone for our U.S. Small Cap Strategy validates the Pacific View model. It enables talented, entrepreneurial investment teams to focus on structuring portfolios and investing, while leveraging experienced professionals to manage the non-investment aspects of the business,” said Kevin Chessen, Co-Founder of Pacific View. “We feel we are on a solid path for future growth as we continue to add specialized strategies in capacity-constrained asset classes.” About Pacific View Asset Management Founded in 2012, Pacific View Asset Management, LLC is a multi-manager, multi-strategy asset management firm providing best-in-class investment solutions to both private and institutional investors. With a highly entrepreneurial culture, its investment teams are led by talented and experienced professionals operating... read more

PVAM Argonaut Property Fund Completes First Closing

Pacific View Asset Management, LLC, an investment advisory firm focused on offering unique strategies to private and institutional investors, announced today that it, along with its joint-venture partner, Argonaut Investments, LLC, launched the PVAM Argonaut Property Fund, L.P., a real estate investment fund. The fund, which utilizes a private equity model, is targeting $50 million of equity commitments. Its first closing was in December 2017, with an initial equity commitment of $30 million. The fund’s strategy focuses on investing in neighborhood and community necessity-based anchored shopping centers and other related investments. Marketing for the fund launched in September 2017. The PVAM Argonaut Property Fund will continue to raise capital through subsequent closings throughout 2018, and will focus on deploying capital over the next few years into properties that have consistent and sustainable cash flows. The investment team identifies properties to reposition in markets with strong demographics. The fund’s objective is to acquire a portfolio of income-producing properties for investors, and generally targets properties in the Western United States. “As our newest product offering, we are thrilled to secure an equity commitment of this size for the first closing,” said Kevin Chessen, Founder of Pacific View Asset Management. “We are excited to be launching this fund, and to be working with the experienced group at Argonaut. Collectively, we are very encouraged by the strong investor interest in the product.” The fund is managed by a team of seasoned industry professionals led by Stephen Jaeger, Managing Partner, and Jon Lefferts, Partner and Chief Financial Officer, of Argonaut Investments, and Kevin Chessen, Founder of Pacific View Asset Management. About Pacific View Asset... read more

Pacific View Asset Management Hires Venture Capital Team

Pacific View Asset Management, LLC, an investment advisory firm focused on offering unique strategies to private and institutional investors, announced today that Joan Schriger and Brian O’Keefe, founders of Pharus Capital Management, LLC, a San Francisco, California-based private fund manager, have joined its organization. Ms. Schriger and Mr. O’Keefe bring with them a portfolio of venture capital investments and a track record dating back to 2013. Throughout their careers, they have been active in all aspects of venture capital from principal investing to providing advice on financing, corporate transactions, operations and capital raises. Their experience led them to develop a strategy that identifies late-stage investment opportunities in privately held technology companies backed by top-tier venture capital sponsors. “We are very excited to have Joan and Brian join our organization. Their individual experiences as investors in venture capital financed businesses and their history as a team is unique,” said Brendan Contant, President of Pacific View Asset Management. “They have developed a more risk averse approach to this asset class, which focuses on businesses that are further along in their private market life cycle. It is hoped these later-stage investments can provide attractive returns for investors with a lower incidence of disappointments. Joan and Brian are representative of the types of investment professionals we are looking to bring to Pacific View.” Joan Schriger added, “Joining Pacific View is a terrific opportunity for us. Pacific View is an emerging firm committed to best-in-class investment offerings, client services and institutional quality administrative resources. Brian and I would not have been able to build out this level of infrastructure and also devote the time... read more

Pacific View Asset Management Hires Microcap Portfolio Management Team

Pacific View Asset Management, LLC, an investment advisory firm focused on delivering niche strategies managed by seasoned professionals, announced today that James Boucherat and David LaSalle, founders of Perlus Investment Management LLP, a UK-based investment advisory firm, have joined its organization. Messrs. Boucherat and LaSalle bring with them $75 million in assets under management and a track record dating back to 2008. Their North American microcap equity strategy looks to capitalize on opportunities in companies with market capitalizations of $250 million or less. James Boucherat is a veteran investor who has been investing in microcap companies since 1985. He and David LaSalle, an investment professional with 15 years of experience, began working together in 2005 at MicroCapital, L.P. a New York-based hedge fund. They left MicroCapital in 2008 to form Perlus Investment Management, LLP. “We are very excited to have James and David join our organization. Their combined experience of investing in microcap companies and their long history as a team is unique,” said Brendan Contant, Director of Marketing and Business Development. “They are disciplined and committed to thorough primary fundamental research. They are representative of the types of investment professionals we are looking to bring to Pacific View.” James Boucherat added, “This is a terrific opportunity. Pacific View is an emerging firm committed to best- in-class investment offerings, client services and administrative resources. There is no way we could build out this level of infrastructure on our own, while maintaining our commitment to keeping our asset base nimble and remaining focused on our research.” According to David LaSalle, “It was a very attractive opportunity for us to join... read more

Pacific View Asset Management Launches Marketing Team

Pacific View Asset Management, LLC, a multi-manager, multi-strategy asset management firm, today announced that it has hired Brendan J. Contant and Tracey L. Daly to build-out the firm’s marketing team and to formalize its sales and client services initiative. Both new hires will be based in New York. Brendan, an industry veteran with over 25 years of experience in the money management business will serve as the firm’s Head of Marketing and Business Development. He was previously a co-founder of Bennett Lawrence Management, LLC and prior to joining Pacific View was with Klingenstein, Fields & Co., L.L.C. Tracey, who is joining Pacific View as Vice President, Client Services, has worked with Brendan for the last 15 years at both firms, most recently as Marketing Administrator at Klingenstein. Katie Kowinski, who is also a Vice President, Client Services, has been with Pacific View for almost two years and is located in San Francisco, is the third member of Pacific View’s Marketing Team. “We are very excited to have Brendan and Tracey joining our organization. Brendan’s knowledge, experience and contacts will enhance our platform as we strive toward our goal of building a best-in-class asset management firm,” said Steven Druskin, Chief Operating Officer. “Having Brendan onboard will allow us to reach a much wider audience of investors, while helping us target portfolio management teams that might be interested in joining Pacific View.” Brendan added, “This is a terrific opportunity. Pacific View Asset Management is an emerging firm with talented investment teams and the operational and sales support is unparalleled for a firm of our size. As portfolio management teams need to... read more