Founded in 2006 and a member of the Pinnacle Family of Companies, PCM manages investment portfolios on a discretionary basis for individual and institutional investors utilizing individual equity, fixed income, and other securities. Headquartered in Fayetteville, New York, PCM has been registered with the US Securities & Exchange Commission since its founding. The Pinnacle Family of Companies oversees approximately $1 billion of client assets.
In 2011, PCM launched its first mutual fund, based on its "Balanced" separately managed account strategy, affording smaller investors access to PCM's investment discipline. In August 2013, the Fund changed its objectives in order to give PCM more flexibility and enable it to take advantage of a wider range of investment opportunities. For 2013, the Fund was ranked number one in performance by Lipper among 357 funds in the "Mixed Asset Target Allocation Conservative" category. In 2012, PCM launched its first private investment fund, a limited partnership available to accredited investors, based on the firm's "All Equity" separately managed account strategy. With the additional use of options and short positions, the Fund is able to capture additional investment opportunities.
Following its disciplined investment strategies, PCM is able to construct investment portfolios that are well diversified, with assets allocated across various industry sectors, among different countries and regions, across various maturities and among selected asset classes and sub-classes.