Meridian Funds, managed by ArrowMark Partners, released its “Meridian Small Cap Growth Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities recorded their lowest quarterly performance since 2022, primarily due to uncertainty surrounding potential tariff policies. In this environment, the fund returned -12.21% (net) in the first quarter compared to the Russell 2000 Growth Index’s -11.12% return. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its first-quarter 2025 investor letter, Meridian...
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