Perritt Institutional

Perritt Capital Management is an Emerging Manager of microcap equities committed to serving the institutional investor market. The firm is independently owned and employs 12 individuals, including 5 investment professionals.

News

Bull & Bear Masters – Informa Investment Solutions
The Perritt Emerging Opportunities Strategy earned the title of Micro-Cap "Bull & Bear Masters" by Informa Investment Solutions for the third quarter of 2011. Informa Investment Solutions is an independent supplier of comprehensive separate account data. Bull & Bear masters are the top performing strategies which possess an Upside Market Capture ratio of 100 or more and a Downside Market Capture Ratio of 100 or less for the latest three year period.

Investment Manager Top Gun – Informa Investment Solutions
The Perritt Emerging Opportunities Strategy earned the title of Micro-Cap "Investment Manager Top Gun" by Informa Investment Solutions for the first quarter of 2011. Informa Investment Solutions is an independent supplier of comprehensive separate account data.

Emerging Manager Monthly
"Perritt Sees Big Opportunities In Micro-Cap For Institutions"
Portfolio Manager Michael Corbett discusses how Perritt Capital Management may stand to benefit as institutions have been considering micro cap equities no longer as a niche position but as part of a well developed portfolio in the August 2010 issue of Emerging Manager Monthly.

Change in Majority Control of Perritt Capital Management
Click here for important information regarding an agreement to transfer majority control of Perritt Capital Management from founder Dr. Gerald Perritt to Portfolio Manager Michael Corbett.

MicroCap Equity Portfolios

Microcap equity is Perritt Capital Management's primary institutional strategy. The firm's investment philosophy has been built on the research of Rolf Banz, a University of Chicago doctoral student who discovered the first crack in the foundation of the efficient market theory, dubbed "the small firm effect" (Journal of Financial Economics, vol. 9(1), pages 3-18, March, 1981). The "small firm effect" is the tendency of common stocks of small companies to outperform the stocks of large companies at equivalent levels of risk.

Perritt Capital Management has an established infrastructure and staff capable of managing institutional level accounts. The firm has served as the advisor to The Perritt MicroCap Opportunities Fund (an Investment Company Act of 1940 registered mutual fund) for more than twenty years. As a result, firm qualifications include:

• In-house compliance staff (the firm's current CCO has been in the investment industry for more than twenty years).
• A client service team (more than thirty years combined experience) that provides superior service to other institutional investors.
• A back office staff (led by an individual with more than 13 years of experience in the mutual fund industry) that has proven successful at back office duties for a Registered Investment Company.