PIM’s investment objective is to generate attractive long-term risk adjusted returns in excess of a hurdle and preserve capital by investing in publicly-traded securities that are undervalued and selling at a significant discount to intrinsic value. Our investment strategy primarily invests in small and mid-cap stocks which are not covered by most sell-side analysts and provide more mispricing opportunities. We focus on opportunities for long-term value creation through steady, consistent performance with limited use of leverage. Our goal is to invest for the long term in superior businesses and managers. 

PIM employs a disciplined deep value investing approach to earn superior returns with limited volatility. We invest only in a few competitive businesses with strong free cash flow generation, high returns on capital and managements with economic ownership and/or aligned incentives. We maintain the investment discipline of buying securities of great companies at attractive prices or so-so companies at give-away prices. Our investment decisions are based on detailed, research-based analysis and thorough due diligence and its investment processes are designed to incorporate risk management to every investment decision, using both qualitative and quantitative approaches.