prime meridian capital management
Prime Meridian Capital Management is an alternative investment manager specializing in marketplace lending including P2P lending and online lending platforms. The fund has been established to take advantage of burgeoning marketplace lending activity within the real estate space. [email protected]. Mr. Katayev is a four-time tech entrepreneur who generated over $100 million in profits and exits before ever raising capital from outside investors. Whether youre just getting started or ready to move your business in a new direction, weve got your back. He is a graduate of Indiana University and the Stanford Graduate School of Business. InvestingReview.org is not an investment adviser and is not endorsed by or affiliated with any U.S. or non-U.S. regulatory agency. The number of clients served by it is unknown. In a recent TechCrunch article called P2P Lending Is Profitable, Even In A Recession, Mr. Katayev states that as an early investor in P2P in 2006, he was stunned when his P2P loan portfolio was profitable at the end of the financial crisis of 2008-2010. Unlike so many investors and managers that chase yield at any cost, we carefully consider how to create the best risk adjusted portfolio by taking into account diversification of location and property types as well as first lien positions, strong LTV, and personal guarantees.. The new fund will offer investors a diversified, short duration real estate loan portfolio, with no hard lock-up. Check the list below to see whos available in your area and learn more. Follow-up, individualized responses to consumers in a particular state by any of the Financial Professionals of Principal Securities that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion. Performance & security by Cloudflare. Sean served as the Chairman and Chief Investment Officer of the Santa Clara VTA Retirees OPEB Trust for 10 years, during which time the fund returned 10.40% net of fees versus its benchmark of 9.80% annualized. Thats why we want to talk to you about your future with Principal. Services We Provide . Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. We identify the true needs an owner has when faced with a construction opportunity and apply our depth of experience in delivering successful construction projects to ensure its success. Fintech and alternative finance headlines with an exclusive Editor's Note each week. About Prime Meridian Prime Meridian has funded over $1.7 Billion in loans in the consumer, small business, real-estate and specialty credit sectors since inception. We are dedicated to helping individuals, businesses and their employees achieve financial security and success in our communities. TORONTO, April 21, 2023 /CNW/ - Meridian, Ontario's largest and Canada's second largest credit union, reported strong financial results for 2022 with asset growth of 8%, earnings of $183 million and a return on equity of 12.3% at Meridian's 18 th Annual General Meeting held on Thursday, April 20th. Prime Meridian Capital Management is a registered private credit investment management firm specializing in specialty finance, as well as Peer to Peer (P2P), marketplace lending strategies. For specific details about Prime Meridians private fund offerings, Accredited Investors can request fact sheets here. Prime Meridian Capital Management is an affiliate of Novus Investments, an alternative investment management firm. Along with the entire staff, Shirley is a problem solver who makes sure your accounts are set up properly and your questions answered in a timely manner. Prime Meridian Capital Management has launched a new fund which will be dedicated to real estate investments. Prime Meridian Wins #1 and #2 spots in the BarclayHedge Fixed Income - High Yield Hedge Fund category for 2022, Prime Meridian Wins Hedgeweek Award for Best Credit Multi-Strat Hedge Fund, Prime Meridian Draws Top Talent Sean Bill as New CIO. Contact [email protected] Connect with me on LinkedIn. Verticals include secured credit facilities, consumer, real estate, and small business loans, as well as life settlements and litigation finance. We. [email protected] with me on LinkedIn. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. Monitor your investments 24 hours a day, around the clock from around the globe. The action you just performed triggered the security solution. Reach out to the author: contact and available social following information is listed in the top-right of all news releases. "We emphasize risk management and contractual cashflows . Kyle Knapp . . Prime Meridian Capital Management Oct 2016 - Apr 20214 years 7 months San Francisco Bay Area Credit focused hedge fund Prime Meridian Capital Management is an investment management firm. The Company offers capital management, financing, business lending funds and other related services. At the end of the day, Christopherismost proud of his relationship with his wife and three children. View contacts for Prime Meridian Capital Management to access new leads and connect with decision-makers. Performance estimates and underlying assumptions are inherently uncertain and are subject to numerous business, industry, market, regulatory, geo-political, competitive and financial risks that are outside Reefs control. An experienced investor and portfolio manager, Sean Bill will assume responsibilities on March 7, 2022. Prime Meridian Capital Management is a technology-powered alternative credit fund manager based in the San Francisco Bay Area with approximately $250 million in assets under management. You'll receive a complimentary copy of our Legacy Planning Guide. After seeing positive returns after the Great Recession, he has since invested substantially into the space. Provides investors with low cost access to a highly diversified, short-duration, high yield consumer loan portfolio from creditworthy borrowers, designed to produce consistent returns. Speakers discussed the new globalization - or reglobalization and how it will be different. The firm has roots in the FinTech ecosystem and has funded $1.8 billion across 100,000 loans. 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 construction of the funds are designed to create diversified portfolios across multiple verticals including but not limited to senior secured business financing, 1st lien real estate bridge lending, litigation finance, consumer lending, life settlements, and other specialty credit investments. Christopherspecializes in helping individuals and businesses set goals and implement strategies to help achieve financial success. The member companies of the Principal Financial Group neither endorses, explicitly or impliedly, any of the third party entities. The loans include the consumer, small business, and real estate verticals. Company profile page for Prime Meridian Capital Management LLC including stock price, company news, press releases, executives, board members, and contact information Contact information Associate at Meridian Capital Group . Prime Meridian Capital Management is part of the Finance industry, and located in California, United States. Not only have we added a highly sought after levered fund to the Prime Meridian lineup, but we have also added Val Katayev to the lineup. SAN FRANCISCO (PRWEB) If youre interested in working with us as a financial professional, well provide you a professional and supportive environment that helps you build your knowledge and skills. Kyle Knapp's Phone Number and Email Last Update. To learn more about Prime Meridian Capital Management, its marketplace lending funds, or for insight into the peer-to-peer lending market, visit http://www.pmifunds.com, or contact Don Davis at 925-362-8510. All information provided on this website is provided without warranty and for informational purposes only. Don Davis, managing partner for Prime Meridian Capital Management, offered his thoughts on the new fund: We are very excited about the Prime Meridian Real Estate Lending Fund. Unlock exclusive data on future plans, company financials, fundraising . Engineering AltFi's new weekly US newsletter breaking down the ins and outs of America's burgeoning fintech sector. Prime Meridian Capital Management is an alternative credit investment management firm specializing in short-duration, high yield Marketplace Lending strategies. Markets never sleep, and neither does Bloomberg News. Principal Life NAIC identification number is 61271. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. From Ireland, the New Economy Gateway series brings together regional leaders to discuss, analyze and propose solutions to the global economys most pressing problems. This firm has 11 employees, of which 4 are employees in advisory roles. Copyright 1997-2015, Vocus PRW Holdings, LLC. Associate. Approved, with a registration date of Aug 11, 2017. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Prime Meridian Real Estate Lending Fund is the first of its kind within the alternative finance space globally. Christopher has been Committed financial professional for more than 7 years. There can be no assurance that the assumptions made in connection with any projections will prove accurate, and actual results may differ materially, including the possibility that an investor may lose some or all of any invested capital. Investors that are high on this particular portion of the industry have not previously had access to a dedicated fund structure. Copyright 2019 by InvestingReview.org / All Rights Reserved. New York. 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