In today’s evolving investment landscape, Foundry Partners is very aware of the potential risks that can come with a strategy stretched beyond capacity in regards to Assets Under Management. We are cognizant of what capacity our strategies can successfully manage without adding undue risk. Product closures are implemented at appropriate asset levels to protect the interests of our existing clients. With that in mind, we currently plan on the Foundry Partners Micro Cap Value strategy remaining open to new money (both new and existing clients) until Assets Under Management reach approximately $400 Million. We recently just crossed the $200 Million mark and are half of the way to closing the strategy to new investments. At this point, we don’t have a timetable of when the strategy will reach capacity; however, we have seen increased interest and flows to Assets Under Management over the past six to twelve months.
If you are interested in learning more about the strategy, we encourage you to contact our marketing and client service group at 612.376.2800.