Meridian Funds, managed by ArrowMark Partners, released its “Meridian Small Cap Growth Fund” second quarter 2024 investor letter. A copy of the same can be downloaded here. Major index returns increased throughout the quarter due to strong profits from large-cap technology companies, especially those connected to artificial intelligence. But the market’s breadth revealed a different picture. The fund returned -3.54% (net) in the second quarter compared to the Russell 2000 Growth...
