Prime Meridian Capital Management is a technology-powered alternative credit fund manager based in the San Francisco Bay Area with approximately $175 million in assets under management. The Firm has deep roots in the FinTech ecosystem and has over $1.8 Billion in loans and specialty credit since inception.
The Firm works closely with niche originators, to source investment opportunities that fall outside of traditional, well-defined markets, crafting win-win partnerships that enable their platforms to scale. Loans are selected using proprietary risk-based pricing models that focus on asset security, cash flow velocity, covenants, duration, yield adjusted spread and other characteristics designed to capture value and minimize risk to principal.
The Firm prioritizes downside protection targeting attractive risk-adjusted return opportunities with low correlations to other asset classes that offer attractive levels of current income. Lending verticals include consumer, real estate, small business, secured credit facilities, insurance-linked assets, litigation finance, royalties and trade-finance. The portfolios short duration and high yield, generally position them well to take advantage of a rising interest rate environment.