--- title: Prime Meridian Capital Management Merges with Poise Lending, Adds Third Marketplace Lending Fund description: Prime Meridian Capital Management, a specialist in marketplace lending funds, announced the merger with Poise Lending, LLC, cofounded by veteran tech entrepreneur, Val Katayev and P2P lending portfolio manager Don Davis. The merger unifies the entities and adds a third fund – Poise Lending Fund (a levered P2P fund) – to the growing Prime Meridian ... Read More --- [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg)](https://www.pmifunds.com/) [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-white-logo.svg)](https://www.pmifunds.com/) - About Us - [About Us](https://www.pmifunds.com/about) - [Recognition & Awards](https://www.pmifunds.com/awards-recognition) - [Team](https://www.pmifunds.com/team) - Our Strategies - [Investment Strategies](https://www.pmifunds.com/strategies) - [Special Opportunities Fund](https://www.pmifunds.com/special-opportunities-fund) - [Income Fund](https://www.pmifunds.com/income-fund) - [Non-Performing Loan Fund](https://www.pmifunds.com/npl-fund) - Insights - [Insights](https://www.pmifunds.com/insights) - [Events](https://www.pmifunds.com/events) - [Videos & Podcasts](https://www.pmifunds.com/video-podcast-resources) - [Contact Us](https://www.pmifunds.com/contact) [Contact Us](https://www.pmifunds.com/contact) # Prime Meridian Capital Management Merges with Poise Lending, Adds Third Marketplace Lending Fund December 2, 2015 [Prime Meridian Capital Management](http://www.prweb.net/Redirect.aspx?id=aHR0cDovL3d3dy5wbWlmdW5kcy5jb20v), a specialist in marketplace lending funds, announced the merger with Poise Lending, LLC, cofounded by veteran tech entrepreneur, Val Katayev and P2P lending portfolio manager Don Davis. The merger unifies the entities and adds a third fund – Poise Lending Fund (a levered P2P fund) – to the growing Prime Meridian family of funds. Mr. Katayev, who is currently the largest individual investor in both Poise and Prime Meridian funds will take on a more active role in the management and oversight of the firm. Mr. Katayev is a four-time tech entrepreneur who generated over $100 million in profits and exits before ever raising capital from outside investors. He is also one of the most experienced P2P/Marketplace Lending investors in the United States, and was one of the very first lenders at Prosper nearly 10 years ago. After seeing positive returns after the “Great Recession”, he has since invested substantially into the space. “I’m excited to further cement my relationship with Don Davis as part of Prime Meridian”, said Val Katayev. “Merging our operations and funds under one roof will accelerate the company’s growth and improve the offering to our clients and partners“. In a recent TechCrunch article called “[P2P Lending Is Profitable, Even In A Recession](http://www.prweb.net/Redirect.aspx?id=aHR0cDovL3RlY2hjcnVuY2guY29tLzIwMTUvMTEvMDkvcDJwLWxlbmRpbmctaXMtcHJvZml0YWJsZS1ldmVuLWluLWEtcmVjZXNzaW9uLw==)”, 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. After doing more research into the asset class as well as other loan data including credit card charge off statistics, he eventually decided to hire Prime Meridian to manage this growing asset in his portfolio. The Prime Meridian Income Fund, of which Mr. Katayev is the largest individual investor, has provided 42 of 42 months (May 2012 – Oct 2015) of consecutive, positive returns without a loss. “This merger formalizes and solidifies the longstanding relationship between us”, says Don Davis. “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”. The Poise Lending Fund offers a levered consumer lending strategy that targets higher returns for investors who are comfortable with the asset class and risk/reward associated with a leveraged fund. The partnership of Mr. Katayev, currently founder and managing member of Poise Ventures and Mr. Davis, founder and managing member of Prime Meridian Capital Management, create a combined wealth of expertise and knowledge in technology, marketplace/P2P lending, and alternative investment management. Marketplace lending is a term used to define alternative ways of lending, typically through peer-to-peer lending platforms such as Prosper, Lending Club, and Funding Circle. Marketplace lending platforms provide an alternative to banks and traditional lending sources for borrowers, and create new investment opportunities for individual and institutional investors who participate in these platforms. Marketplace lending and P2P (peer-to-peer) lending are essentially synonymous. To learn more about Prime Meridian Capital Management, its marketplace lending funds, or for insight into the peer-to-peer lending market, visit [https://www.pmifunds.com](http://www.prweb.net/Redirect.aspx?id=aHR0cDovL3d3dy5wbWlmdW5kcy5jb20=), or contact Don Davis at 925-362-8510. ### About Prime Meridian Prime Meridian Capital Management is an alternative investment manager specializing in marketplace lending including P2P lending and online lending platforms. The Prime Meridian Income Fund specializes in P2P consumer lending while the Prime Meridian Small Business Lending Fund utilizes small business lending platforms, and Poise Lending Fund is a leveraged consumer loan P2P fund. For more information contact Don Davis at 925-362-8510, or visit [https://www.pmifunds.com](http://www.prweb.net/Redirect.aspx?id=aHR0cDovL3d3dy5wbWlmdW5kcy5jb20=). Prime Meridian Capital Management is an affiliate of Novus Investments, an alternative investment management firm. [Return to Insights](https://www.pmifunds.com/insights/) ## Subscribe today to receive our latest News & Insights! Receive our latest stories delivered monthly directly to your inbox. [Subscribe](https://www.pmifunds.com/insights/prime-meridian-capital-management-merges-with-poise-lending-adds-third-marketplace-lending-fund#popup-00) ## Subscribe Now **Please fill in the required fields below.** ![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/branding/pmifunds-gray-logo.svg) 2121 N. California Blvd, Walnut Creek, CA 94596 - [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) - [Insights](https://www.pmifunds.com/blog) - [Press Releases](https://www.pmifunds.com/blog) - [Contact Us](https://www.pmifunds.com/contact) © 2026 Prime Meridian Capital Management - [Privacy Policy](https://www.pmifunds.com/hubfs/Resources/pmcm-privacy-policy.pdf) - [Japan Regulatory Disclosures](https://www.pmifunds.com/japan-regulatory-disclosures) 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. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Prime Meridian Team", "url" : "https://www.pmifunds.com/insights/author/prime-meridian-team" }, "dateModified" : "2024-07-19T19:02:35.383Z", "datePublished" : "2015-12-02T05:00:00.000Z", "headline" : "Prime Meridian Capital Management Merges with Poise Lending, Adds Third Marketplace Lending Fund", "mainEntityOfPage" : { "@id" : "https://www.pmifunds.com/insights/prime-meridian-capital-management-merges-with-poise-lending-adds-third-marketplace-lending-fund", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg" }, "name" : "Prime Meridian Capital Management" } } ```