--- title: Special Opportunities Fund - Prime Meridian Capital Management description: The new fund launched on June 1st, 2018 and invests in multiple high yielding alternative credit verticals including litigation finance, life settlements, targeted high yielding, niche real estate, small business, and consumer loans. image: https://www.pmifunds.com/hubfs/pmifunds/og-image-pmifunds.jpg --- [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-logo.svg)](https://www.pmifunds.com/?hsLang=en) [![Prime Meridian Capital Management](https://www.pmifunds.com/hubfs/Branding/pmifunds-white-logo.svg)](https://www.pmifunds.com/?hsLang=en) - About Us - [About Us](https://www.pmifunds.com/about?hsLang=en) - [Recognition & Awards](https://www.pmifunds.com/awards-recognition?hsLang=en) - [Team](https://www.pmifunds.com/team?hsLang=en) - Our Strategies - [Investment Strategies](https://www.pmifunds.com/strategies?hsLang=en) - [Special Opportunities Fund](https://www.pmifunds.com/special-opportunities-fund) - [Income Fund](https://www.pmifunds.com/income-fund?hsLang=en) - [Non-Performing Loan Fund](https://www.pmifunds.com/npl-fund?hsLang=en) - Insights - [Insights](https://www.pmifunds.com/insights?hsLang=en) - [Events](https://www.pmifunds.com/events?hsLang=en) - [Videos & Podcasts](https://www.pmifunds.com/video-podcast-resources?hsLang=en) - [Contact Us](https://www.pmifunds.com/contact?hsLang=en) [Contact Us](https://www.pmifunds.com/contact?hsLang=en) # Special Opportunities Our Special Opportunities strategy is a short duration portfolio of loans seeking to minimize both interest rate risk and credit risk, targeting three primary verticals. ## Litigation Finance: The practice of an independent party providing capital to fully or partially fund litigation in return for a portion of any monetary recovery. ![](https://www.pmifunds.com/hubfs/pmifunds/illustrations/illustration-litigation-finance-vertical.svg) ## Life Settlements ![](https://www.pmifunds.com/hubfs/pmifunds/icons/icon-low-correlation-1.svg) ### Low Correlation The asset class historically has lower exposure to economic and financial market cycles. ![](https://www.pmifunds.com/hubfs/pmifunds/icons/icon-expected-returns-1.svg) ### Attractive Expected Returns Potential for high yield returns relative to investment grade fixed income. ![](https://www.pmifunds.com/hubfs/pmifunds/icons/icon-high-credit-quality-1.svg) ### High Credit Quality Insurance carrier's credit is typically investment grade and insurance policies remain a senior obligation. ![](https://www.pmifunds.com/hubfs/pmifunds/icons/icon-expanding-regulated-market-1.svg) ### Expanding Regulated Market The life settlements market has continued to grow - estimates of the overall market range from an estimated $240 to $600 billion of policy benefits. ## Specialty Credit Opportunistic investments targeting short duration, high yield returns across Specialty Assets, Financial Assets, and Real Assets. ![](https://www.pmifunds.com/hubfs/pmifunds/illustrations/illustration-infographic-bar.png) ## Request Fact Sheet For more information on our Special Opportunities strategy, request our fact sheet below. [Request Fact Sheet Now](https://www.pmifunds.com/special-opportunities-fund#popup-00) ## Request Fact Sheet ![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.