Phocas Financial Corporation was founded in 2005 and is based in Alameda, California. The firm is 100% employee-owned. The partners include Yolanda Foreman, William Schaff, James Murray, and Kevin Granger.
Phocas manages separate accounts for individual investors and institutional investors including several prominent state and municipal pension plans and retirement systems. Phocas’ client roster also includes managers of managers serving multiple large state and municipal pension plans and retirement systems. Phocas currently manages three strategies: U.S. Small Cap Value equities; U.S. Equity Real Estate Investment Trusts; and U.S. Equity Income which invests in equities, fixed income instruments and preferred securities.
The investment strategies at Phocas are designed to deliver attractive long-term returns with moderate risk and low turnover.
Capacity constraint is a core value of Phocas. The team will cap assets under management in each strategy at levels designed to protect their ability to generate alpha for investors.