---
title: Industry Profile- Prime Meridian Capital Management
description: A “proven track record of success” is a phrase that is easy to throw around but difficult to substantiate, especially in the world or marketplace lending given the relative infancy of the industry. However, Don Davis, Managing Partner of Prime Meridian Capital Management, has such a record. Don Davis has been in the investment management ... Read More
---

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# Industry Profile- Prime Meridian Capital Management

August 26, 2015

A “proven track record of success” is a phrase that is easy to throw around but difficult to substantiate, especially in the world or marketplace lending given the relative infancy of the industry. However, Don Davis, Managing Partner of Prime Meridian Capital Management, has such a record.

Don Davis has been in the investment management business for over 20 years. In 2004, Davis started Novus Investments – an alternative asset management firm specializing in various investment strategies with low correlation to equity markets. Novus, an affiliate of Prime Meridian provided Davis valuable experience managing risk and trading for investors in a very regulated environment that would prove crucial to his next endeavor. It was also highly successful – in 2008, when most traditional asset allocations were down substantially, Novus was up double digits, and was later ranked the top performing firm of its kind in the US over both a five and seven year period.

[ Read full article at Orchardplatform.com](https://orchardplatform.com/blog/industry-profile-don-davis/?utm_source=newsletter&utm_medium=email&utm_campaign=DonDavis)

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![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/branding/pmifunds-gray-logo.svg)

2121 N. California Blvd, Walnut Creek, CA 94596

<https://www.linkedin.com/company/prime-meridian> <https://x.com/pmifunds> <https://www.facebook.com/people/Prime-Meridian/100065067906936/>

- [About Us](https://www.pmifunds.com/about)
- [Our Team](https://www.pmifunds.com/team)
- [Recognition & Awards](https://www.pmifunds.com/awards-recognition)
- [Investment Strategies](https://www.pmifunds.com/strategies)

- [Income Strategy](https://www.pmifunds.com/income-fund)
- [Special Opportunities Fund](https://www.pmifunds.com/special-opportunities-fund)
- [Non-Performing Loan](https://www.pmifunds.com/npl-fund)

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This material is being provided for information and discussion purposes only and any discussion of any funds is qualified in its entirety by the information included in the confidential offering documents and supplements (collectively, the “Memorandum”) of Prime Meridian Income Fund, LP, Prime Meridian Special Opportunities Fund, LP, and Prime Meridian NPL, LLC (the “Funds”) described herein, and is not intended to be, nor should it be construed or used as investment, tax or legal advice or an offer to sell, or a solicitation of an offer to buy, an interest in the funds, or any other security. Any offer or solicitation of an investment in the funds may be made only by delivery of the Memorandum. Before making any investment in the funds, you should thoroughly review the Memorandum with your professional advisor(s) to determine whether an investment in a Fund is suitable for you in light of your investment objectives and financial situation. The Memorandum contains important information concerning risk factors, including a more comprehensive description of the risks and other material aspects of an investment in the funds, and should be read carefully before any decision to invest is made. The funds are only open to investors fitting the definition of an “accredited investor” as that term is defined under Rule 501 of Regulation D of The Securities Act of 1933. An investment in the funds, like all investments, contains risk including the risk of total loss, and may not be appropriate for all investors.

Any performance information shown on this website is presented net of all expenses, including management fees, performance fees and other expenses including portfolio-related expenses. Returns assume the reinvestment of all capital (including distributions where applicable) on a monthly basis. The performance data represents composite fund returns, and individual investor returns may vary higher or lower from the composite return due to timing of an investment and actual fees being charged. Past performance is not indicative of future returns. Any awards or other rankings listed on this site are not indicative of future performance.  These awards or any other rankings and/or recognition by unaffiliated rating services and/or publications should not be construed as a guarantee that an investor should or will experience a certain level of results or satisfaction if they invest with Firm, nor should it be construed as a current or past endorsement by any of our investors. Firm did not pay a fee to participate in these awards or ranking surveys.

In addition, any projections contained on this website (including targeted returns, opinions, estimated fees, predictions or expectations about any future event) are based on a variety of estimates and assumptions by Prime Meridian Capital Management, including, among others, estimates and assumptions regarding future operating results, the value of assets and market conditions at the time of investment and disposition, interest rates, and other realization events. 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 PMCM’s control. 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.

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