Phorcys Capital Partners, LLC

Phorcys Capital Partners, LLC is an alternative investment management firm specializing in underperforming micro-issue municipal bonds and revenue bonds supported by various assets. Established in February 2009, the firm provides investment management services to affiliated private pooled investment vehicles and sub-advisory services to unaffiliated pooled investment vehicles. The minimum initial investment in the Ops Fund is $500,000, and in the Senior Housing Fund is $1,000,000. PCP manages approximately $134,022,573 million on a discretionary basis and $31,506,022 million on a non-discretionary basis as of September 30, 2024. The firm acts as a fiduciary for its clients and is registered with the SEC. PCP reviews its Form ADV Part 2A Brochure annually and discloses material changes made since the last update. The firm's investment strategies involve investing in municipal bonds and employing various risk management techniques. PCP's fee structure includes management fees and performance-based fees. The firm has a Code of Ethics and Insider Trading Policies in place to ensure compliance and ethical conduct. PCP does not have physical custody of client assets and has policies in place to address conflicts of interest, including client referrals and soft dollar benefits. The firm has no disciplinary events to disclose and provides quarterly reports to clients. Clients can request a copy of PCP's proxy voting policies and financial information upon written request.