Prime Meridian Wins #1 and #2 spots in the BarclayHedge Fixed Income - High Yield Hedge Fund category for 2022

Prime Meridian Capital Management, a registered private credit fund manager that has funded over $1.7 Billion in loans and specialty credit, announced today that the Prime Meridian Special Opportunities Fund, LP and the Prime Meridian Income Fund, LP were the top two performing funds in the BarclayHedge Fixed Income - High Yield Hedge Fund category for calendar year 2022.

The Prime Meridian Special Opportunities Fund, LP was the #1 performing hedge fund as ranked by compounded annualized return and was the #2 hedge fund as ranked by Sharpe Ratio for calendar year 2022. The Fund invests in the insurance, litigation and specialty credit sectors.

The Prime Meridian Income Fund, LP was the #2 performing hedge fund as ranked by compounded annualized return and was the #1 hedge fund as ranked by Sharpe Ratio for calendar year 2022. The Fund invests in the consumer, small business, real estate and specialty credit sectors.

“We’re pleased with the Funds’ risk adjusted performance and more importantly that we were able to protect and grow our investors capital in a stressed bear market environment,” said Don Davis, CEO. “The portfolios’ short duration and high yield characteristics position it well to take advantage of a higher interest rate environment in 2023,” said Don Davis, CEO.

Prime Meridian Capital Management has consistently delivered strong risk adjusted returns to investors. The Prime Meridian Income Fund, LP and the Prime Meridian Special Opportunities Fund, LP were ranked fourth and fifth respectively for the prior 3-year compound annualized return and second and first respectively for the highest Sharpe Ratios for prior 3-year period.

“We emphasize risk management and contractual cashflows,” said Sean Bill, CIO. “Our mission is to build a robust Alpha Engine that investors can use to buttress a traditional balanced portfolio. Both funds have a low correlation to stocks and bonds, which makes them a great addition for investors seeking an alternative source of Alpha.”

Prime Meridian Capital Management has deep roots in the FinTech and Alternative Credit ecosystems. The firm has 23 counterparties, and the funds are valued monthly by a 3rd party valuation agent using a Discount Cash Flow (DCF) methodology.

About Prime Meridian

Prime Meridian Capital Management is an SEC registered Alternative Private Credit investment management firm specializing in consumer, real estate, small business loans, and secured credit facilities, as well as insurance assets, litigation finance and royalties. Since inception the firm has funded over $1.7 billion in loans and specialty credit.