Phyllis Thomas

Phyllis Thomas, CFA, serves as Portfolio Manager and Partner at Poplar Forest Capital LLC, based in Los Angeles. She co-leads the firm's Small-Cap and SMID-Cap Value equity initiative, focusing on managing portfolios using a contrarian, value-based approach. Her primary responsibilities include the active management of value-oriented equity strategies for both small- and mid-cap U.S. companies.

Thomas brings over 40 years of investment management experience, having previously held the role of Senior Managing Director and Portfolio Manager at NWQ Investment Management Company. In that capacity, she managed more than $1.7 billion in small-cap value and SMID-cap value equity assets, notably acting as lead portfolio manager for the Nuveen NWQ Small-Cap Value Fund (NSCRX) and Small/Mid-Cap Value Fund (NSMRX).

A recognized expert in U.S. small- and mid-cap value equities, Thomas is known for her disciplined, long-term investment strategy and her commitment to active, fundamental research. Throughout her distinguished career, she has contributed significantly to the development of value-based equity products and has built a strong track record in delivering superior investment results for institutional and individual clients.