Prime Meridian funds earn top BarclayHedge performance rankings
10/03/2023 - 11:12am
The Prime Meridian Special Opportunities Fund, which invests in the insurance, litigation and specialty credit sectors, has been ranked as by BarclayHedge as the No1 performing hedge fund by compounded annualised return, in the Fixed Income - High Yield category for 2022.
The Prime Meridian Income Fund, meanwhile, which invests in the consumer, small business, real estate and specialty credit sectors, was ranked as the No2 performing hedge fund by Sharpe Ratio, in the same category.
Prime Meridian Capital Management has 23 counterparties, and the funds are valued monthly by a third party valuation agent using a Discount Cash Flow (DCF) methodology.