Prime Meridian Rises in Rank as a Fastest-Growing Company in San Francisco Bay Area for Second Year
Prime Meridian Capital Management, a privately held alternative credit investment management firm, was once again named as a Fastest-Growing Company in the Bay Area by the San Francisco Business Times in their annual Fast 100 - rising in rank from #14 to #6.
SAN FRANCISCO, Nov. 2, 2018 /PRNewswire-PRWeb/ -- San Francisco Business Times has ranked Prime Meridian Capital Management as one of the Bay Area's Fastest-Growing Private Companies in their 2018 Fast 100 ranking. The firm ranked in at #6, rising from last year's ranking at #14.
Fast 100 companies reflect a diverse and flourishing Bay Area economy. They span a diverse mix of industries including technology, construction and design, real estate, financial services, biotech, and more.
To qualify for the 2018 Fast 100 list, companies had to meet several key criteria to prove fiscal stability and net revenue growth, including submitting a multi-year sales history, financial statements, and corporate tax returns.
Prime Meridian Capital Management showcased a 644% growth in net revenue from fiscal years 2015-2017 and with $671 million in assets under management, the firm of 12 adds this honor to its growing recognition list.
"We are once again honored to rank among other Bay Area companies who have achieved incredible growth milestones. Our goal is to maintain a client-centric focus to asset management and our success is rooted in this approach." Don Davis, CEO
Prime Meridian Capital Management provides investors with direct low-cost access to short-duration, high yield loan portfolios in the private debt asset class. The firm offers 5 funds in their portfolio suite and launched their latest Special Opportunities Fund in June which invests in credit instruments including litigation finance, life settlements policies, and specialty credit.
The firm seeks to continue its growth trajectory through additional offerings and seeks to expand its team as 2019 approaches. To learn more visit http://www.pmifunds.com.
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About Prime Meridian
Prime Meridian Capital Management is an alternative credit investment management firm specializing in short-duration, high yield Marketplace Lending strategies. Loan pools include consumer lending, collateralized small business lending, secured real estate lending, and more. Loans are selected using a proprietary risk-based pricing approach that focuses on yield, duration, and credit quality with the objective of achieving consistent positive returns with low volatility and low correlation to other asset classes. Learn more at http://www.pmifunds.com.
SOURCE Prime Meridian Capital Management
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