WPG Partners
The WPG Partners team has been investing in the Small and Microcap markets for 25+ years with almost 20 years investing together as a team focused on U.S. small cap equities. The team has an active management philosophy with deep fundamental roots in traditional Value focused sectors. The team prides itself on an informational advantage gained through original research.
We believe in intensive research that begins with management discussion and progresses through financial screening, valuation, and catalyst identification. We look to distinguish ourselves through a contrarian view.
Our process focuses on identifying underfollowed, fundamentally strong overlooked companies. Through our extensive original research, stock screens, and industry contacts we look to identify small-cap companies that have earned above their cost of capital over their life cycle and are undergoing, in our view, positive change. We pride ourselves on our deep fundamental original research that includes 700-800 company meetings annually with direct executive level engagement to better understand capital allocation and strategy.
We believe small and microcap stocks provide the highest return opportunities for industries going through a positive change. As a dedicated small-cap team we have a full menu of product offerings including a traditional Small Cap Value strategy, a dedicated Microcap strategy focused on companies with less than $1 billion in market capitalization, as well as a Concentrated Small Cap strategy with greater than 40% of the portfolio represented in the top 10 holdings on average.
Regional banks look well positioned for the next easing cycle.
Behind the headlines and well-publicized stresses, the underappreciated regional banking segment has posted solid growth in recent years. At today’s multiples, we think it may be worth a closer look.
Micro-Cap Stocks: A Surrogate to Private Equity
Investments in actively managed micro-cap value strategies have outperformed private equity (or “PE”) investments.
Domestic Capital Investment: Making up for Lost Decades
Our research suggests five major themes support increasing domestic deployment of capital investment into industrial and manufacturing sectors.
Cyclicals: A Longer Term View
Since the oil-market collapse of 2014, investors in equities have been operating in a bear market environment.
Small Cap Value Diversified
Total Strategy AUM
$447.5 M
Inception Date
October 1, 1999
Security Range
80-120
Portfolio Managers
G. Weiss, R. Shuster, E. Gandhi
Micro Cap Opportunities
Total Strategy AUM
$263.2 M
Inception Date
October 1, 2008
Security Range
80-120
Portfolio Managers
G. Weiss, R. Shuster, E. Gandhi
Select Small Cap Value
Total Strategy AUM
$950.5 M
Inception Date
December 1, 2018
Security Range
30-50
Portfolio Managers
E. Gandhi
Select Long/Short
Total Strategy AUM
$53.8 M
Inception Date
May 6, 2024
Security Range
30-50 long side/ 40-80 short side
Portfolio Managers
E. Gandhi
Value Style Orientation
We believe entry point matters to achieve outsized returns and as such demand compelling valuations on an absolute and relative basis for portfolio investments.
Small Cap Focus
Our team has studied, analyzed and invested in the Small and Microcap arenas for 25+ years and has access to various industry constituents.
Active Management Process
We believe in consistent engagement with portfolio company management teams and Board level executives to monitor capital allocation philosophy, strategic direction and, increasingly, ESG considerations.
