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All Alt Credit News


Experts predict avalanche of partnership deals between traditional and alternative lenders

23rd March 2017 Lisa Walls-Hester

Ninety percent of industry insiders anticipate an increase in traditional bank and marketplace lender partnerships in 2017. This is according to a survey conducted by digital asset management platform ...

P2P lending news roundup 22/03/17

22nd March 2017 Daniel Lanyon

The most important stories and data from the world of P2P lending and alternative finance.     With less than a couple of weeks until the new tax year, investors around UK are scrambling ...

Goji launches P2P lending bond targeting 5% yields to woo wealth managers

22nd March 2017 Daniel Lanyon

The P2P specialist investment manager wants to open access to the fast-growing alternative lending market.     Goji has today launched the UK’s first diversified P2P lending bond ...

HNW Lending unveils Innovative Finance ISA targeting 7% - 15%

21st March 2017 Daniel Lanyon

The alternative lender is now allowing investment via the tax wrapper for its loans against luxury goods such as fine wine and art.     HNW Lending has received full approval from the ...

Goldman Sachs launching robo advice service

21st March 2017 Daniel Lanyon

Interest in robo-advice from financial services giants is ramping up as demand grows for low cost, online and simplified wealth management.     In another fintech-powered move towards ...

Marketplace lending news roundup 20/03/17

20th March 2017 Daniel Lanyon

The most important stories and data from the world of marketplace lending and alternative finance.     One of the ‘founding fathers of the p2p and marketplace lending industry ...

Nutmeg slams incumbent wealth manager fees

20th March 2017 Daniel Lanyon

The digital and disruptive wealth manager says UK investors still face ‘intimidating wall of investment charges’.     Investors are suffering from a lack of progress ...

First European P2P securitisation sees Moody’s upgrade

17th March 2017 Daniel Lanyon

Good news for Funding Circle as it sees an upgrade to a pool of  its securitised loans from the ratings agency.   Ratings agency Moody’s has upgraded its outlook for the first ever ...

Funding Circle investment trust taps the market for new cash

16th March 2017 Daniel Lanyon

The most recently launched closed-ended fund in the market offering P2P exposure to investors has launched a C Share Issue.     The £167m Funding Circle SME Income fund has launched ...

P2P lending news roundup 15/03/17

15th March 2017 Daniel Lanyon

The most important stories and data from the world of P2P lending and alternative finance.   P2P platform Landbay is turning to crowdfunding for capital. The buy-to-let mortgage lending platform, ...

Marketplace lending news roundup 14/03/17

14th March 2017 Daniel Lanyon

The most important stories and data from the world of Marketplace lending and alternative finance.     Nationalism may be on the rise politically, but in fintech the opposite is true ...

Old Mutual sells down stake in VPC Speciality Lending

13th March 2017 Daniel Lanyon

The asset manager was one of the largest backers of the investment trust at its launch, but it has now reduced its stake.     Old Mutual Global Investors’ stake in the VPC Speciality ...

GCP Asset Backed Income fund deploys war chest

13th March 2017 Daniel Lanyon

The investment trust, having recently changed its name and undergone a C share capital raise, is deploying new cash.     The investment managers of the GCP Asset Backed Income investment ...

Private debt funds' fees plunge to eight-year low as competition ramps up

10th March 2017 Daniel Lanyon

Fees are on a long-term downward trend, with direct lending funds charging the lowest average rate.       The average management fee charged by private debt funds has been on ...

What blockchain can do for p2p lending platforms

10th March 2017 Guy Halford-Thompson

    The peer to peer (P2P) lending industry is fast expanding, but most of the platforms available today are not being built using blockchain technology.   Industries which have ...

PeerStreet and Betterment launch partnership

9th March 2017 Daniel Lanyon

One of the best known US robo advisors will allow its customers to see PeerStreet's data into its dashboard.     PeerStreet – the marketplace for investing in US real estate ...

P2P lending news midweek roundup 08/03/17

8th March 2017 Daniel Lanyon

The most important stories and data from the world of P2P lending and alternative finance.     Phillip Hammond’s first Budget as Chancellor has not gone down well with, well, anyone.  ...

SQN becomes manager of the SME Loan Fund

8th March 2017 Daniel Lanyon

The closed ended fund has seen a shift in investment strategy with its new manager and a placing of its GLIF shares.     SQN Capital Management has been appointed as investment manager ...

Will demand for the Innovative Finance ISA and p2p lenders surge following Hammond’s dividend allowance cut?

8th March 2017 Daniel Lanyon

The chancellor Phillip Hammond has slashed dividend allowances from £5,000 to £2,000 in 2018.     The move, Hammond says, is aimed at bringing the self-employed and the employed ...

The income opportunities in alternative credit

8th March 2017

Goji's David Beacham reveals why financial intermediaries as well as institutional investors are increasingly paying attention to the fast growing alternative credit universe.     Last ...

Cambridge University owned challenger bank sees strong 2016 growth

7th March 2017 Daniel Lanyon

Five years after its launch from the depths of the credit crunch, this challenger bank is growing fast.     SME focused Cambridge & Counties Bank saw record growth in 2016 for deposits, ...

Neil Woodford buys more P2P Global Investments after management fee slashed

7th March 2017 Daniel Lanyon

The largest UK fund focused on the online lending market is wooing investors after worse than expected performance by permanently cutting some charges.     Star fund manager Neil Woodford ...

Experian joins Marketplace Lending Association

6th March 2017 Daniel Lanyon

The information services giant believes marketplace lenders continue to be at the forefront of transparent and responsible financial innovation.     Experian has joined the Marketplace ...

Marketplace lending news roundup 06/03/17

6th March 2017 Daniel Lanyon

The most important stories and data from the world of marketplace lending and alternative finance.     The money keeps flowing for platforms with the news one of the largest UK players ...

Citigroup backed fintech lender BlueVine secures $75m financing from Fortress

1st March 2017 Daniel Lanyon

The firm operates in the online small business lending part of the market providing invoice financing.     Invoice finance provider BlueVine has secured a warehouse credit line of up ...

P2P lending news midweek roundup 01/03/17

1st March 2017 Daniel Lanyon

The most important stories and data from the world of P2P lending and alternative finance.     US marketplace lender Prosper has secured an enviable $5bn funding deal over the next ...

Yielders becomes first Sharia compliant UK fintech

28th February 2017 Daniel Lanyon

The equity-based property crowdfunding platform has successfully completed certification.     London based property investment platform Yielders is looking to ramp up growth across Asia, ...

McKinsey: Institutional investors will raise allocations to alternative credit due to Brexit and Trump

28th February 2017 Daniel Lanyon

Last year was a strong one for direct lending, but new research suggests sentiment is still improving to alternative forms of fixed income.      Institutional investors are likely ...

Marketplace lending news roundup 27/02/17

27th February 2017 Daniel Lanyon

The most important stories and data from the world of marketplace lending and alternative finance.      In the US Sofi has added another pile of cash to its coffers, scooping up ...

Real Estate Credit Investments fund shrugs off Brexit and raises £25m

27th February 2017 Daniel Lanyon

The closed-ended fund has completed the first stage in its plan to raise up to £65m in the near term.     The £158m Real Estate Credit Investments trust has raised more ...

Institutional investors most bullish on alternative credit over near and longer term, says report

24th February 2017 Daniel Lanyon

Prequin's latest research into attitudes among global institutional investors into the alternatives space finds alternative credit comes out on top for sentiment.     More asset ...

P2P lending news midweek roundup

22nd February 2017 Daniel Lanyon

The most important stories and data from the world of P2P lending and alternative finance.      The biggest news this week may well be that Natwest, owned by Royal Bank of Scotland, ...

Fintech funding nosedives in 2016 creating 'perfect storm' for 2017 M&A

22nd February 2017 Daniel Lanyon

In the year of Brexit and Donald Trump’s election to US president, fintech saw a steep fall in new investor cash.     Total funding for U.S. fintech companies and deal activity ...

State Street plots fintech path, embraces AI and blockchain

22nd February 2017 Daniel Lanyon

The institutional asset management giant is making a huge investment to digitize its processes in order to take advantage of changes it sees occurring to asset management firms over the next 5-10 years.     State ...

SQN poised to take over the SME Loan Fund

21st February 2017 Daniel Lanyon

The alternative credit investment trust is considering several new proposals to shake up its ownership and management structure.     The SME Loan Fund plc is in discussions with New ...

Natwest takes on Funding Circle with new SME lending platform Esme

21st February 2017 Daniel Lanyon

The RBS-owned bank is looking to disrupt the disruptors with the launch of a new online lending service.       NatWest is set to launch a new digital platform to allow small ...

P2P Global Investments’ buybacks near 3% of total issuance

20th February 2017 Daniel Lanyon

The P2P and marketplace lending giant closed-ended fund has completed another round of share buybacks in an attempt to narrow its double-digit discount.      The £835m P2P ...

Landbay launches Innovative Finance ISA in time for ISA Season

20th February 2017 Daniel Lanyon

Investors can access the buy-to-let mortgage platform using the ISA tax-wrapper.     P2P platform Landbay is the latest firm to launch an Innovative Finance ISA (IFISA), after receiving ...

OnDeck sees Q4 surge but plans job cuts as losses widen

16th February 2017 Daniel Lanyon

The US-based online lending platform for small businesses has seen a growth in loan origination but also an increase in costs.     Marketplace lending platform OnDeck clocked-up record ...

Lending Club CEO bullish as Q4 losses widen

15th February 2017 Daniel Lanyon

The beleaguered firm’s President and CEO Scott Sanborn says despite Lending Club's total Q4 losses increasing last year compared to 2015, this year should see an improvement in the numbers.     Marketplace ...

Aviva Investors launches alternative credit fund for income-hungry institutions

14th February 2017 Daniel Lanyon

The Aviva Investors Alternative Income Solutions fund will cater to institutional investors such as pension and insurance companies looking for income away from traditional fixed income.     Aviva ...

Goldman Sachs leads new $15m funding for fintech lender Better Mortgage

13th February 2017 Daniel Lanyon

The US-based firm has secured the cash in a Series B round from the investment bank as well as venture capital funds Kleiner Perkins and Pine Brook.     Better Mortgage, an online lending ...

American Bankers Association gives thumbs up to first ever online lending platform

13th February 2017 Daniel Lanyon

The ABA is endorsing Akoub, an online platform helping community and regional banks with the process of providing small business loans and take on the likes of Lending Club and Prosper.     The ...

SoFi to sell student loans to community banks

10th February 2017 Daniel Lanyon

The US-based platform popular with wealthy graduates is forging a tie up with Promontory Interfinancial Network,     SoFi will sell some of its loan book off to US community banks allowing ...

Private debt eyes up real estate finance

10th February 2017 Nicolas Campiche

Nicolas Campiche, chief executive officer of Pictet Alternative Advisors, reveals why real estate debt may be a bright spot of alternative credit amid an uncertain market in 2017.     Amid ...

Mass customisation is the future of investing

10th February 2017 Adam French

The founder and CEO of robo advice platform Scalable Capital reveals what he thinks is the future of wealth management.     From the shoes on your feet to your daily caffeine shot, many ...

Nava Finance gets regulatory approval from FCA

10th February 2017 Daniel Lanyon

The newly launched unsecured online lending platform is now gearing up to start deploying capital and making loans.     Nava Finance will begin offering personal loans to UK consumers ...

FS Investments hires Credit Suisse veteran Chris Condelles

9th February 2017 Daniel Lanyon

The Philadelphia-based alternative asset manager has a new head of capital markets and investor relations   FS Investments has hired Chris Condelles as Head of Capital Markets and Investor Relations, ...

P2P lender LendingCrowd launches IFISA

9th February 2017 Daniel Lanyon

The Edinburgh-based platform is now offering investors the IFISA tax-wrapper for its lending products .     LendingCrowd has launched one of the first Innovative Finance ISAs (IFISA) ...

Half of wealth managers would recommend p2p lending as cash alternative

9th February 2017 Daniel Lanyon

BondMason’s latest report finds increasing enthusiasm for P2P from financial intermediaries as well as a ‘flight to quality’.     More than half of wealth managers ...

Global fintech investment up 10.9% to $17bn, UK down a third

7th February 2017 Daniel Lanyon

Innovate Finance’s latest research shows global bullishness towards fintech but a slip in investment in the UK.     Global investment in disruptive financial technology firms by ...

Fintech lender 4finance passes €4bn mark

6th February 2017 Ryan Weeks

Short-term consumer lending platform 4Finance smashes through €4bn in cumulative lending.   4Finance, a short-term lender with a presence in 17 countries, has now lent a grand total of ...

Lending Club chairman launches new $125m VC fund targeting alternative credit and fintech

6th February 2017 Daniel Lanyon

Nyca Partners is now looking to deploy its latest fintech focused war chest into private startups looking to disrupt financial incumbents.     Lending Club chairman Hans Morris has successful ...

Millenials inspire Generation X into robo-advice, claims report

1st February 2017 Daniel Lanyon

Millenials are the past not the future growth engine for robo-advice firms who should instead be targeting an older and wealthier age group.     Generation X investors are the key to ...

How the swelling robo-advice market could become profitable and move into the mainstream

31st January 2017 Daniel Lanyon

A new report from Verdict Financial argues for low cost, automated, online wealth management to move into the money-making stage it will have to take market share from traditional financial intermediaries.      High ...

The area of Alternative Credit BNP Paribas Investment Partners thinks will see strong growth in 2017

30th January 2017 Daniel Lanyon

Stéphane Blanchoz, CIO for Alternative Debt Management at BNP Paribas Investment Partners, explores why allocations to alternative debt and other direct lending strategies could be attractive for ...

New P2P and marketplace lending fund launches using blockchain and robo-advice strategy

27th January 2017 Daniel Lanyon

The Seattle based platform LendingRobot has launched an investment fund that it says is the first p2p and marketplace lending portfolio, fully automated and also utilising a distributed ledger system.     LendingRobot, ...

Carney warns against P2P, Robo-advice risk from “fintech boom”

27th January 2017 Daniel Lanyon

The governor of the Bank of England Mark Carney prompted consternation amongst the alternative finance industry with a stark warning this week.     Financial regulators around the world ...

How to Diversify your Alternative Credit Portfolio

26th January 2017 Josh Matthews

Maseco's Josh Matthews  reveals why investors in Alternative Credit funds should condsider diversification as a key maxim in their investment strategy.       Diversification ...

Millennials 4x more likely to be P2P investors than Generation X

25th January 2017 Daniel Lanyon

They didn’t vote for Brexit and don’t like Donald Trump but millennials are fintech enthusiasts.     Those aged 18-34 are four times more likely than over-55s to have money ...

Alternative credit could benefit from 'Trumponomics', says ICG

24th January 2017 Daniel Lanyon

Alternative assets are likely to benefit from regulatory changes, increased market dispersion and volatility owing to President Trump's policies.    Alternative assets could be one ...

Fintech: a bright spot in sliding optimism for UK financial services facing Brexit and Trump uncertainty

23rd January 2017 Daniel Lanyon

The CBI and PwC have a new report highlighting an increasingly bleak mood among banks, except for their view of fintech.     Sentiment amongst financial services firms deteriorated further ...

Value creation in private equity

20th January 2017 Andrew Lebus

Fintech investor Pantheon's Andrew Lebus reveals why unlisted eqity can add alpha over the long term.    One of the much touted benefits of investing in private equity was its low correlation ...

Trump and Brexit make alternative credit star asset class for 2017, says KKR

20th January 2017 Daniel Lanyon

The asset management giant also highlights four major secular changes afoot for investors.                 Trump and Brexit have prompted four major secular ...

Davos report: traditional financial services must transform to beat fintech

19th January 2017 Daniel Lanyon

Consultancy Oliver Wyman’s latest report finds that financial services incumbents will need to make clear, strategic choices about where and how they can compete in evolving ecosystem.     Financial ...

Obama administration publishes fintech report ahead of Trump inauguration

19th January 2017 Daniel Lanyon

The outgoing president of the United States of America has done much to support fintech over an eight-year period that has seen the emergence of marketplace lending, blockchain and many other disruptive ...

The future of litigation funding – have the rules changed?

18th January 2017 James Gbesan

The growing emergence of litigation funding has opened new opportunities for businesses that are seeking redress on various issues through the courts and offers law firms the opportunity to pursue more ...

Numis analysts’ favourite p2p and direct lending fund

17th January 2017 Daniel Lanyon

Numis Securities’ Ewan Lovett-Turner reveals the investment trust he thinks looks most attractive in the burgeoning p2p and direct lending space.     The £163m Funding Circle ...

Scargo Hill Capital launches new direct lending platform

12th January 2017 Daniel Lanyon

The asset management firm is bullish on the alternative lending market, particularly in the retail and consumer brands sectors.      Boston-based Scargo Hill Capital will provide ...

Workinvoice launches securitisation vehicle for marketplace receivables

12th January 2017 Lisa Walls-Hester

Workinvoice, the Italian invoice trading platform, has just launched and funded the first Italian securitisation vehicle for marketplace receivables.   Factor@Work, an Italian based portfolio ...

Chinese online lending giant China Rapid Finance partners with Tencent’s robo-advisor platform

11th January 2017 Daniel Lanyon

The market leader in the Chinese consumer lending market, in terms of numbers of customers, has annouced a tie-up with Tencent Licaitong.   China Rapid Finance, is cooperating with Tencent’s ...

The Brexit risk to the UK’s status as ‘fintech capital of the world’

11th January 2017 Moriah Costa

In this three part series, Moriah Costa examines the impact that Brexit could have on fintech in the UK, how it became the capital and what opportunities could arise.     The future ...

BDC Golub Capital scores $113.6m in new middle-market origination in Q4 2016

10th January 2017 Daniel Lanyon

The Business Development Company rounded off 2016 with a small uptick in funding committents to middle market firms.      Golub Capital originated $113.6m in new middle-market ...

Bond funds back in fashion, but is it temporary?

9th January 2017 Daniel Lanyon

BofAML has recorded an uptick in inflows to bond funds at the start of 2017 as investors look for safety from riskier assets.     Investors piled back into bond funds in early January, ...

GCP Asset Backed Income fund mulling £100m C share issue

9th January 2017 Daniel Lanyon

The closed-ended alternative credit portfolio is looking to raise new cash after its latest successful placing of £16m.     The £164m GCP Asset Backed Income is considering ...

Robo advisor Scalable reaches £100m of assets

9th January 2017 Moriah Costa

Shortly before Christmas the start-up reached €100m of assets under management in 10 months, making it among the fastest growing robo advice companies.        Wealth ...

Novofina brings its robo-adviser to the UK targeting 20% returns

9th January 2017 Lisa Walls-Hester

European wealth management firm Novofina is bringing its 'Neue Finanzen' robo-advisor to the UK. Its trading algorithms target high returns, and were previously only available to the super-rich. ...

The big banks and wealth managers that invested in robo advice in 2016

6th January 2017 Moriah Costa

Large financial institutions are embracing the brave new world of financial technology, investing in robo advising firms and spinning off advisors of their own.         Wells ...

Curiosity about peer-to-peer lending, blockchain and fintech spiked among investors in 2016

6th January 2017 Moriah Costa

Investors were keen to find out more about Trumponomics, peer-to-peer lending, blockchain and fintech during the tremulous year of post-truth.       Peer-to-peer lending gained ...

The important trends for funds in the Alternative Credit market in 2017

5th January 2017 Gabriella Kindert

NN IP’s head of alternative credit Gabriella Kindert reveals her key predictions for the alternative lending space in 2017.     Connectivity and interdependence have increased ...

VPC Speciality Lending fund kick-starts share buyback strategy

23rd December 2016 Daniel Lanyon

The alternative credit investment trust is seeking to close its discount to NAV buy using spare cash to buy its own shares.     The £362m VPC Speciality Lending fund will commence ...

Alternative credit continues to grow but UK deal growth hit by Brexit, report finds

21st December 2016 Daniel Lanyon

The progress comes as a result of increasing acceptance of alternative credit in areas traditionally dominated by banks but also heightended political uncertainty.     Alternative lenders ...

American Capital shareholders give nod to merger with BDC giant Ares Capital

19th December 2016 Daniel Lanyon

BDC consolidation continues apace in the US as pioneer American Capital is swallowed by Ares.         Shareholders in American Capital have overwhelmingly approved the firm’s ...

Ranger Direct Lending fund raise falls short of $50m target

19th December 2016 Daniel Lanyon

The online lending specialist investment trust has raised more cash while its shares are at a discount.    The £237m Ranger Direct Lending fund has completed its latest Initial placing ...

UK SMEs’ appetite for equity finance growing, bank debt falling

15th December 2016 Daniel Lanyon

A new report suggests small businesses’ appetite for long term equity-based finance has increased significantly in the last 12 months during which time demand for traditional bank debt has continued ...

Why real estate bridge loan funds should be on investors’ radar

15th December 2016 James Levy

Clearwater Private Investment’s director James Levy reveals why he is backing real estate bridge lending funds for clients’ portfolios.   Real Estate Bridge Loan Funds offer investors ...

Share buybacks continue at P2P Global Investments trust, nears 2 per cent of issuance

13th December 2016 Daniel Lanyon

The P2P and marketplace lending fund is aiming to narrow its 25 per cent discount at current low valuations.    The largest closed-ended portfolio offering exposure to the P2P/marketplace ...

Alternative credit investment trust Honeycomb seeks £50m fundraise

12th December 2016 Daniel Lanyon

The direct lending portfolio is looking to raise more cash from investors one year on from its launch.   The £150m Honeycomb investment trust is seeking to raise up to £50m at a ...

Asset based lending leaps to £4.3bn all time high, Referral Scheme to push 2017 growth

12th December 2016 Daniel Lanyon

The total market for asset based finance hits £20.7bn in 2016 as the Government Bank Referral Scheme launches.     The amount of alternative finance available under ‘asset ...

Lending Home passes $1bn of mortgage loans, launches new securitization

9th December 2016 Daniel Lanyon

The US mortgage marketplace lender is launching a new master trust securitization vehicle to accelerate its capital growth.       San Francisco-based mortgage marketplace lender ...

Outlook for UK SMEs positive for 2017 despite Brexit, finds survey

9th December 2016 Daniel Lanyon

Research by Aldemore Bank suggests small and mid-sized companies in the UK are on the whole bullish on their prospects for growth next year.     More than four in five small and medium ...

Moody's: Outlook for traditional asset managers negative

7th December 2016 Daniel Lanyon

The ratings agency has slashed its outlook for traditional active fund managers amid the rise of alternative forms of finance and investing such as robo-advice and ETFs.     The outlook ...

Online lender MoneyLion raises $22.5m war chest in series A round

6th December 2016 Daniel Lanyon

The personal finance and lending platform has raised new capital to fuel its future growth in a new round led by Edison Partners.     Personal finance platform MoneyLion, which uses ...

Chinese P2P platform joins one of the world's biggest blockchain projects

5th December 2016 Daniel Lanyon

Shanghai-based p2p platform Dianrong has joined the Hyperledger Blockchain project in bid to use the emerging technology in both lending and adminstative purposes.     The Chinese P2P ...

BDC giant FS Investments closes $1bn of Q3 middle market commitments

2nd December 2016 Daniel Lanyon

The US-based alternatives asset manager has increased its activity in the third quarter of this year with investments up 20 per cent by volume from the previous quarter.     Business ...

Illiquid alternatives set for 2017 surge among asset managers, finds survey

2nd December 2016 Daniel Lanyon

Nearly three-quarters of institutional investors around the world say they will increase their holdings in alternative credit among other alternatives.   Global institutional investors worldwide ...

Allianz GI buys US-based Sound Harbor Partners for alternative credit push

1st December 2016 Daniel Lanyon

Sound Harbor Partners has been bought up by Allianz Global Investors to expand its alternative credit offering.      New York-based private credit manager Sound Harbor Partners ...

New $100m Lending Club securitization

1st December 2016 Daniel Lanyon

Nearly seven months on from the Laplanche exit, Lending Club is launching a new round of ABS.      US marketplace lending giant Lending Club will dip its toe back in the securitization ...

New alternative credit investment trust RM Secured Direct Lending launches targeting 6.5% yield

30th November 2016 Daniel Lanyon

RMDL is a new UK investment trust established to invest in a portfolio of secured debt instruments to UK SMEs and mid-market corporates.     RM Secured Direct Lending (RMDL) will raise ...

Fund manager: Why we back alternative credit funds but haven’t touched P2P

30th November 2016 Daniel Lanyon

Hawksmoor’s Ben Conway is bullish on the prospects for alternative credit but is avoiding one of the fastest growing areas of the market…for now.     P2P lending and the ...

Luxembourg secured lending funds: An attractive alternative to traditional fixed income for wealth managers

28th November 2016 James Levy

It is remarkable...what a change of temper a fixed income will bring about" Virginia Woolf, A Room of One´s Own   Though few who practice our trade will admit it publicly, the wealth ...

P2P market worth $10bn per year by 2020, suggests study

25th November 2016 Daniel Lanyon

A study of the global online lending and crowdfunding market by Juniper Research suggests a doubling of revenues in the coming three years.     The global market for p2p/marketplace ...

Ranger Direct Lending could raise another £200m

24th November 2016 Daniel Lanyon

The fund’s latest prospectus indicates it could nearly double its assets next year, believing there is plenty of market potential to deploy new cash.     The £237m Ranger ...

4finance taps bond market for another €50m

24th November 2016 Daniel Lanyon

Amid the global uncertainty, 4 Finance seeks to continue its growth trend with a fresh round of capital-raising.   4 Finance, one of the largest European consumer lending firms, has tapped the ...

BDC giant FS Investments replaces CFO after resignation

23rd November 2016 Daniel Lanyon

The recently rebranded FS Investments, formerly Franklin Square Capital, has made replaced outgoing chief financial officer for two of its Business Development Companies.     Michael ...

Hermes’ Marshall: What to expect from your direct lending fund in 2017

21st November 2016 Daniel Lanyon

In has been another bumper year for direct lending with a raft of new fund launches, but what is in store for next year? Hermes Investment Management's Patrick Marshall shares his thoughts.    Direct ...

McKinsey thinks fintech is about to enter a period of massive change

21st November 2016 Daniel Lanyon

A new report from consulting firm McKinsey argues shifting dynamics will shake up the fintech market in the coming years and suggest seven critical aspects of this new environment that must be understood ...

VPC Speciality Lending discount moves to 30% as it announces dividend still below target

18th November 2016 Daniel Lanyon

The closed-ended alternative lending fund has reported its third dividend of year, again below its 2p target.      The £392m VPC Speciality Lending investment trust has ...

Invoice financing firm Factor 21 completes MBO backed by private equity

16th November 2016 Daniel Lanyon

Private equity firm Mobeus has funded the management buyout of Factor 21, a UK provider of invoice finance facilities for SMEs.     Factor 21 has completed a management buyout of ...

Ranger Direct Lending looks to raise £40m through share placing despite 6.5% discount

14th November 2016 Daniel Lanyon

The direct lending specialist investment trust has had a good year, partly thanks to the strong US dollar, and is aiming to launch new shares despite its current discount to net asset value.     The ...

Alternative credit the only cheap area of the market, says fund manager

14th November 2016 Daniel Lanyon

Hawksmoor’s Ben Conway reveals why he thinks alternative credit makes a good portfolio addition in an uncertain world and why it is the only area of clear value for investors across asset classes.   Alternative ...

Investor confidence in alternative credit unshaken by Brexit, finds survey

11th November 2016 Daniel Lanyon

A study by fund research firm Elian points to ongoing enthusiasm among institutional investors for direct lending despite the increased uncertainty created by the EU referendum result.   Appetite ...

Alternative credit platform Blackmoon secures $2.5m in equity funding

11th November 2016 Daniel Lanyon

The US-based direct lending marketplace has big plans for 2017 and fresh capital to match.     The Blackmoon Financial Group has secured $2.5m in its latest round of equity funding from ...

UK asset manager Pemberton raises €1.2bn for debut European Mid-Market Debt fund

9th November 2016 Daniel Lanyon

Despite the Brexit uncertainty the specialist fund management group has raise a sizable cash pot to lend to SMEs in Europe.     Pemberton, an independent asset management group backed ...

Lending Club sees flat Q3, secures $1.3bn funding line from National Bank of Canada

7th November 2016 Daniel Lanyon

The US platform saw a slight uptick from its difficult Q2 in the three months to 30 September but also secured a new institutional source of capital.     Lending Club saw loan originations ...

What is the impact of Brexit on the alternative finance market?

7th November 2016 Daniel Lanyon

A new report by Magic Circle law firm Allen & Overy suggests some stark implications for investors in, and borrowers of, alternative credit.   More than two-thirds of UK firms have seen ...

Lending Club sees share price bounce amid market volatility

4th November 2016 Daniel Lanyon

The once beleaguered US platform Lending Club has seen an analyst upgrade ahead of its Q3 earnings call on Monday.     The past six months have been a troubled period for the US giant ...

Robo-advice de-regulation essential for innovation, warns law firm

1st November 2016 Daniel Lanyon

As the market continues to grow for online digital investment, Pinsent Masons says a lack of clear regulation will stifle innovation.     The 'advice vs guidance' debate should ...

VPC Speciality Lending fund accelerates strategic shift to balance sheet lenders, moves away from p2p

1st November 2016 Daniel Lanyon

The closed-ended fund now has more than half of its portfolio exposure to balance sheet lending platforms at the expense of p2p and marketplace loans.      Exposure to balance sheet ...

SQN Asset Finance Income seeking fresh £150-180m fund raise

31st October 2016 Daniel Lanyon

The alternative credit investment trust specialising in equipment leasing sees plenty of opportunities in the coming years as well as ample demand from investors.     The £353m ...

P2P Global Investments trust sees NAV growth shortfall for September, continues share buybacks

31st October 2016 Daniel Lanyon

The giant marketplace lending fund has seen returns under pressure this year due to several issues ranging from Brexit induced currency volatility to Lending Club’s woes.     The ...

GCP Asset Backed Income trust mulls next capital raise

21st October 2016 Daniel Lanyon

The investment trust, having recently changed its name, is now considering a fresh share issuance to meet investor demand.     The GCP Asset Backed Income investment trust is considering ...

Neuberger Berman's alternative credit business swells to $3.2bn of assets with new fund launch

20th October 2016 Daniel Lanyon

The asset manager has closed its latest private debt fund, helping boost its alternatives business in terms of the amount of assets under management.   Neuberger Berman has seen its alternative ...

Income seekers take note: Alternative credit investment trusts the highest yielding in UK market

19th October 2016 Daniel Lanyon

Data from the Association of Investment Companies show closed-ended funds investing in various forms of alternative credit are yielding nearly double the average UK equity income portfolio.   Investments ...

Inflation will continue to rise, warns Nutmeg

18th October 2016 Daniel Lanyon

The chief investment officer of the leading robo-advisor platform Nutmeg thinks inflation will tick up to 2.5 per cent next year.      Investors should consider greater exposure ...

Fresh Lending Club fears prompt share price plunge

18th October 2016 Daniel Lanyon

The giant of the marketplace and p2p industry has spooked the market following a series of announcements.     Beleaguered US marketplace lending platform Lending Club saw one if its ...

New SQN fund breaks escrow, firm expands sales team in growth push

17th October 2016 Daniel Lanyon

The New York based alternative asset manager specialising in equipment leasing has secured inflows for its fifth Asset Income fund as well as making a number of new hires to its US-distribution team.    SQN ...

Monroe Capital raises $800m for second alternative credit fund

17th October 2016 Daniel Lanyon

The US-based firm has added a new portfolio to its stable to increase its reach into the middle market lending business.   Monroe Capital LLC has closed its latest portfolio in the alternative ...

How the latest tech will help disrupt wealth managers and financial advisors

14th October 2016 Daniel Lanyon

Robo-Advice could reduce the cost of delivering advice to investors says a new report into the fledgling industry.     The technology behind robo-advice has the capacity to dramatically ...

Goldman Sachs’ Marcus platform goes live for Main Street borrowers

13th October 2016 Daniel Lanyon

Goldman Sachs has entered the alternative lending market with its new strategy to lend directly to both consumers and small businesses, as well as corporate behemoths.   “We created Marcus ...

NN Investment Partners hires new head of alternative credit

13th October 2016 Daniel Lanyon

The Dutch asset management giant has tapped Gabriella Kindert to lead its boutique push into the alternative credit space.     Gabriella Kindert has joined NN Investment Partners to ...

Alternative credit growth could make the economy safer, says Lord Turner

12th October 2016 Daniel Lanyon

The former chairman of the Financial Services Authority struck an optimistic note about how various forms of alternative could contribute to a healthier financial base but not without adding a few caveats.     The ...

Zopa wakes up and smell the MOCA

12th October 2016 Luke Mellor

Europe's second peer-to-peer securitisation closes   Six months after the closing of the S-BOLT 2016 transaction, Zopa closed last week with final details of its debut peer-to-peer securitisation ...

Ranger Direct Lending fund adds AltFi Data's p2p benchmark index

10th October 2016 Daniel Lanyon

The investment trust has benchmarked its performance against the Liberum AltFi Returns Index (LARI), the first fund to do so since its launch last year.      The £221m ...

Nutmeg’s 2015 numbers point to fresh capital raise after losing £9m despite doubling assets

7th October 2016 Daniel Lanyon

The market leader in the fast growing robo-advice space saw a ramp up in both costs as well as revenues in its 2015 numbers.   Nutmeg, the market leader in the burgeoning robo-advice industry ...

AXA IM in large alternative credit push with new $34bn platform

6th October 2016 Daniel Lanyon

The asset management giant is re-enforcing a burgeoning industry trend with the announcement of a new platform catering for investors in alternative credit.     AXA Investment Managers ...

BDC giant FS Investments taps Goldman Sachs’ DeAngelis to head distribution

6th October 2016 Daniel Lanyon

The recently rebranded FS Investments has made a new top-level hire from Wall Street amid expectations of consolidation in the Business Development Company sector.     Philadephia-based ...

BNP Paribas launches €500m alternative credit fund

4th October 2016 Ryan Weeks

BNP Paribas Investment Partners closes €500m raise for new SME-focused alternative credit fund.   BNP Paribas Investment Partners, the bank’s asset management arm, has hauled in ...

Is BDC Prospect Capital looking to a tie-up with Lending Club?

4th October 2016 Daniel Lanyon

Peer-to-peer and marketplace lending platforms and Business Development Companies (BDCs) have been increasingly mentioned in the same breath, now synergies may be starting to occur.   Prospect ...

SME lender LDF acquires Asset & Corporate Finance for push into construction asset finance

3rd October 2016 Daniel Lanyon

A leading SME finance provider has announced its acquisition of asset finance firm ACF.   LDF, one of the UK’s largest independent provider of finance to SME businesses has acquired the ...

SME Loan Fund continues portfolio overhaul

3rd October 2016 Daniel Lanyon

The UK-listed portfolio has carried on its recent re-fresh with a number of portfolio transactions.    The SME Loan Fund has completed a number of transactions with GLI Finance its parent ...

RiverNorth launches marketplace lending fund

30th September 2016 Ryan Weeks

RiverNorth Capital Management, LLC, the specialist investment manager with around $3.4bn in assets under management, launches much-anticipated marketplace lending fund.   RiverNorth Capital ...

Banks are backing blockchain for consumer lending, studies find

30th September 2016 Daniel Lanyon

Blockchain interest is gathering pace in the incumbent banking world with the likes of Deutsche Bank, UBS and Bank of America all recently revealing plans to utilise the technology.   Commercial ...

Lending Club fund posts first ever monthly loss in August as insiders cash in company stock

29th September 2016 Daniel Lanyon

A portfolio of consumer loans originated and managed by beleaguered US marketplace lending platform Lending Club has seen its first ever negative month, according to reports.    The Broad-Based ...

P2P Global Investments continues share buy-backs amid market dip

28th September 2016 Daniel Lanyon

The P2P and marketplace lending giant fund has entred into another round of own share buy-backs in the past week.   The investment managers of the P2P Global Investments trust have initiated ...

Amundi launches alternative assets platform in charge for market lead

27th September 2016 Daniel Lanyon

The asset manager has unveiled big ambitions for the alternatives space to meet a growing demand for alternative credit as well as other illiquid markets.   Amundi is launching a single platform ...

Institutional investors should expect lower returns from bonds and equities and consider alternatives, warns report

27th September 2016 Daniel Lanyon

Hermes Asset Management’s Saker Nusseibeh and Eoin Murray warn that markets are set for a tough longer term period thanks to a low growth world.     Large institutional investors ...

P2P funds' weak sentiment unjustified based on UK platform performance, says investment bank Jefferies

26th September 2016 Daniel Lanyon

Jefferies' Matthew Hose argues amid a difficult year for the handful of funds offering investors p2p exposure the performance of the underlying loans is better than the market is pricing them.    The ...

MW Eaglewood to launch private equity fund

23rd September 2016 Ryan Weeks

Marshall Wace subsidiary MW Eaglewood is launching a private equity version of its marketplace lending focused fund.   MW Eaglewood is launching a new private equity fund with a target raise ...

“How do we get permanent capital?”

16th September 2016 Ryan Weeks

Marketplace lenders obsess over long-term capital at industry conference.   “Ecosystem” may be the flavour of the moment in marketplace lending, but “long-term capital” ...

Hermes Investment Managment launches direct lending push in tie-up with RBS

15th September 2016 Daniel Lanyon

The £26bn fund management firm in charge of the BT pension scheme has made a move into the alternative credit space with the launch of a new direct lending  strategy.   Hermes Investment ...

Funding Circle enlists ex-Lloyds chief to board

9th September 2016 Daniel Lanyon

One of the largest UK p2p platforms Funding Circle has hired a prominent ex-City chief to its board of directors.   Eric Daniels, the former chief executive officer of Lloyds Banking Group has ...

Brexit could create opportunities for alternative credit lenders, says Partners Group

8th September 2016 Daniel Lanyon

Swiss-based Partners Group is bullish on the  opportunities for alternative credit post Brexit.   The market fallout from the UK voting to leave the European Union could result in ...

P2P Global Investments and VPC Specialty Lending among hardest hits trusts since Brexit

6th September 2016 Daniel Lanyon

Research from Numis Securities highlights the few months since the EU referendum result have been a tough time to hold the closed-ended p2p funds.    The two largest p2p and marketplace ...

KKR: Alternative credit set to be “star performing” asset class

5th September 2016 Daniel Lanyon

The US private equity giant sees a huge opportunity in credit markets benefiting from the disruption of traditional banking models.   A major spike in opportunities is occurring in several areas ...

EXCLUSIVE: FCA circles on P2P platforms with September 'business model' inspections

5th September 2016 Daniel Lanyon

The UK regulator is paying visits to all the major p2p and marketplace lending firms in September to 'closer understand' their  varied business models.    The Financial Conduct ...

What the p2p and marketplace lending industry needs to do to go mainstream

2nd September 2016 Daniel Lanyon

ThinCats’ CEO John Mould reveals exclusively to AltFi what he believes p2p platforms and funds need to do to be relevant to larger institutional investors as well as the retail mass market in the ...

Plentiful opportunities in alternative credit and niche lending, says PIMCO

1st September 2016 Daniel Lanyon

PIMCO’s Christian Stracke argues disruptive regulation for banks ranks among the biggest investable themes over the longer term.   Ongoing disruption of traditional banking firms ...

P2P Global Investments fund sees NAV bounce for July but falls short of year target return

31st August 2016 Daniel Lanyon

The p2p investment trust saw its growth in net asset value fall short of its projected run rate to meet its target yield for the past 12 months despite a recent improvement.   The £855m ...

Lending Club boosts institutional charge with senior Wall Street hires

30th August 2016 Daniel Lanyon

The beleaguered giant of the marketplace lending industry has brought in two heavy weights to bolster its push for more institutional and retail investors.     Lending Club has appointed ...

Franklin Square Capital’s BDCs see Q2 rebound with $830m investments

26th August 2016 Daniel Lanyon

Now rebranded as FS Investments, the leading alternative asset manager has clocked up a strong second quarter.   The five Business Development Companies (BDCs ) owned by Franklin Square Capital ...

Ranger Direct Lending announces largest ever dividend

25th August 2016 Daniel Lanyon

Investors will be pleased to note a further jump in the dividend for this closed-ended direct lending fund.   The Ranger Direct Lending Fund has announced a dividend per share of 26.87p, its ...

The best performing alternative finance funds two months on from Brexit

24th August 2016 Daniel Lanyon

Equity markets took a battering in the weeks after the UK’s vote to leave the EU back on 24 June, but how did the listed alternative finance funds fare?   The Ranger Direct Lending and ...

Investor demand soars for alternative credit and private debt, finds report

24th August 2016 Ryan Weeks

A new survey reveals that investors are set to increase their allocations to private debt over the coming year.   Elian, a funds services provider, has surveyed 88 alternative investment professionals, ...

Landbay’s Goodall: We can still reach £1bn despite Brexit

23rd August 2016 Daniel Lanyon

The CEO of the online p2p buy-to-let platform says he is sanguine the firm can see strong origination growth in 2017 despite the challenges posed since Brexit.     Brexit should not ...

Avant closes $255m asset-backed Securitisation with JP Morgan, Credit Suisse and Morgan Stanley

23rd August 2016 Daniel Lanyon

In the summer lull online marketplace lending platform Avant shows institutions are still backing the nascent industry.   US short-term consumer loan platform Avant has closed two ...

Goldman Sachs scraps Mosaic for Marcus ahead of its marketplace lending platform launch

22nd August 2016 Daniel Lanyon

Goldman Sachs will soon enter into the alternative lending market, with plans to lend directly to both consumers and small businesses.   Goldman Sachs’ soon to be launched online marketplace ...

Exclusive: VPC hires Liberum’s Cormac Leech

22nd August 2016 Daniel Lanyon

Victory Park Capital has made a new hire in London where its VPC Speciality Lending trust is listed.   Liberum’s Cormac Leech is set to join Victory Park Capital next month as Principal ...

Pantheon: Plenty of opportunities in fintech and P2P despite Lending Club’s woes

19th August 2016 Daniel Lanyon

Alex Scott of private equity firm Pantheon International is undeterred from the opportunities in fintech and marketplace lending despite the setback seen in the past three months.     Fintech ...

Royal London to launch alternative credit fund

19th August 2016 Daniel Lanyon

Rising institutional demand has prompted this asset management firm to move into the alternative credit space.    Royal London Asset Management has expanded into the burgeoning alternative ...

Exclusive: Harsh Patel exits Victory Park Capital

18th August 2016 Daniel Lanyon

VPC’s man in London is moving on from the firm and the VPC Speciality Lending trust.   Victory Park Capital’s Harsh Patel has left the asset management firm with immediate effect.   Patel ...

Why the opportunity in alternative credit is far broader than just p2p

18th August 2016 Josh Matthews

In the first of a series of articles Maseco Asset Management's Josh Matthews reveals why he thinks investors should look beyond p2p and marketplace lending for exposure to higher yielding 'alternative ...

VPC Speciality Lending’s target dividend remains under pressure, dips further into reserves

17th August 2016 Daniel Lanyon

The closed-ended alternative lending fund has reported its second dividend of year, again below its 2p target and also dipped further into its reserves to partly pay it.      The ...

UK SMEs flock to p2p lending boosting jobs and housebuilding, report finds

11th August 2016 Daniel Lanyon

The p2p and marketplace lending industry is driving small business and economic growth, particularly in areas hit hardest since the financial crisis, a new report suggests.      Small ...

VPC Speciality Lending fund shifts strategy to greater balance sheet exposure after difficult Q2

9th August 2016 Daniel Lanyon

  The VPC Speciality Lending Investment trust is looking to up its stake in balance sheet lending with profits from its marketplace loan holdings and move away from Funding Circle US’ exposure.   More ...

New CEO Sanborn upbeat after Lending Club hit with worst quarter, CFO resigns

9th August 2016 Daniel Lanyon

Scott Sanborn says a difficult quarter and departure of Lending Club's chief financial officer will draw a line under the beleaguered platform's recent wobbles.    US marketplace ...

TradeRiver Finance reaches milestone of lending £100m to UK Business

8th August 2016 Lisa Walls-Hester

TradeRiver Finance has reached a significant milestone, lending £100m to high growth SME businesses in the UK.   TradeRiver Finance has provided trade credit for 1,600 separate transactions ...

“Alternative lenders are here to stay,” says Deloitte report

4th August 2016 Ryan Weeks

A report by Deloitte and AIMA on the $560bn private credit market hails alternative credit as a “quiet revolution” in the way that companies secure funding.   The report hones in ...

Brexit could be good for direct lending and alternative credit funds, says BlueBay's Fobel

28th July 2016 Daniel Lanyon

The past month since the United Kingdom’s historic vote in favour to leave the European Union has created a new wave of uncertainty for investors, but BlueBay's head of its direct lending business ...

P2P Global Investments sees NAV growth shortfall, slashes management fee

27th July 2016 Daniel Lanyon

The investment trust saw its growth in net asset value fall short of its projected run rate to meet its target yield in the first half of 2016 but the portfolio’s lead manager Simon Champ is optimistic ...

Ranger Direct Lending fund completes Z share placement

25th July 2016 Daniel Lanyon

The listed direct lending portfolio has added more investor cash in a bid to increase its leverage and raise its yield.   The alternative credit investment trust Ranger Direct Lending has completed ...

Star fund of funds manager Craig: Why I am buying alternative credit funds but avoiding P2P

21st July 2016 Daniel Lanyon

The head of Old Mutual Global Investors’ Cirilium range of fund of funds has been buying up newly launched investment trusts in the nascent alternative credit space.   The likes of the ...

Funding Circle SME Income Fund raises £14.5m through ordinary share placing

21st July 2016 Daniel Lanyon

Following on from the news that the fund was shifting away from raising new cash through a C share issue to ordinary shares, AltFi can reveal the completion of the placing.   The Funding Circle ...

Lending Club lands former BlackRock boss as chief capital officer

18th July 2016 Daniel Lanyon

In a bid to shore up confidence in the post-Laplanche era Lending Club’s new CEO Scott Sanborn has hired a former leader of BlackRock’s passive funds business.   US marketplace ...

Lendix launches first ever SME lending fund in ELTIF structure

14th July 2016 Daniel Lanyon

The Paris-based SME lending platform has launched the first European Long Term Investment fund (ELTIF) dedicated to SMEs.   French marketplace lending platform Lendix has received the go ...

Direct lending funds most popular for alternative credit investors, finds survey

14th July 2016 Daniel Lanyon

A survey of investors by Elian shows those invested in the broad alternative credit space are most bullish on direct lending over other strategies on a two year view.   Direct lending is the ...

Funding Circle SME Income fund to tap market in ordinary share issue due to Brexit market fallout

13th July 2016 Daniel Lanyon

The Funding Circle SME Income fund will issue up to £15m of ordinary shares at a small premium rather than raise capital through a C share issuance as previously reported, according to regulatory ...

VPC Speciality Lending hit with negative month, announces share buybacks

6th July 2016 Daniel Lanyon

The £388m VPC Speciality Lending investment trust has seen a 0.62 per cent fall in its net asset value (NAV) for the month of May. The news is a blow to investors who have already seen pressure ...

Will Neil Woodford’s new higher income fund hold P2P to boost its dividends?

6th July 2016 Daniel Lanyon

The manager is looking to launch a new fund that will target a higher yield than his flagship Woodford Equity Income fund, a big investor in P2P investment trusts.     Star fund  manager ...

Lending Club fund hit by first negative month

4th July 2016 Daniel Lanyon

An $800m fund controlled and run by the beleaguered US platform Lending Club is set to suffer its first negative month in terms of returns in its 64 months of trading. The news is another blow to the ...

P2P Global Investments continues buybacks, discount narrows

30th June 2016 Daniel Lanyon

The P2P Global Investments trust has bought back its owns shares for the third day running this week amid the Brexit-induced volatility in global stock markets. AltFi broke the news on Tuesday that ...

Sanborn made CEO at Lending Club, company to cut 179 jobs

28th June 2016 Ryan Weeks

Lending Cub appoints Scott Sanborn as CEO and president and announces 179 job cuts due to slower loan volume ahead of its Annual Stockholder Meeting later today.   Lending Club’s rescheduled ...

Exclusive: P2P Global Investments initiates share buybacks amid market sell off

28th June 2016 Daniel Lanyon

The largest closed-ended portfolio offering exposure to the P2P/marketplace lending space the £871m P2P Global Investments trust has bought back its own shares for the first time in the Brexit market ...

Supreme Court rejects Midland appeal in major blow to marketplace lenders

28th June 2016 Ryan Weeks

Yesterday saw the U.S. Supreme Court reject calls to review a Second Circuit decision on the Madden vs. Midland case, in what’s been described as a serious blow to marketplace lenders.   The ...

P2P/marketplace lending should outperform in a downturn, says Polar Capital's Brind

27th June 2016 Daniel Lanyon

The manager of the Polar Capital Income Opportunities fund owns P2P and marketplace lending exposure instead of regular credit as he thinks it could stand up better in a prolonged period of down market ...

P2P Global Investments, VPC Speciality Lending et al hold up as markets plummets in Brexit sell off

24th June 2016 Daniel Lanyon

The Brexit vote has prompted chaos in financial markets as investors jettison UK equities.  At the peak of selling this morning the FTSE 100 had lost 8 per cent but at the time of writing this has ...

Should P2P and alternative credit funds be part of your Brexit strategy?

23rd June 2016 Daniel Lanyon

The polls are neck and neck. It’s too close to call either way but should the United Kingdom vote to leave the European Union it is fair to say the implications for investors could be profound. Sterling ...

Alternative credit fund Hadrian’s Wall floats in first investment trust IPO of 2016

22nd June 2016 Daniel Lanyon

A new closed-ended fund Hadrian’s Wall Secured Investments has raised £80m versus a targeted £150m in the first listing of an investment trust on the London Stock Exchange in 2016 so ...

Funding Circle SME Income fund considers C share issue, announces first dividend

20th June 2016 Daniel Lanyon

The latest investment trust offering exposure to the burgeoning P2P/marketplace lending space the Funding Circle SME Income Fund is looking to tap more investor cash in its first C share issue, according ...

EXCLUSIVE: My fund can gain from platforms market turmoil, says P2P Gl’s Simon Champ

17th June 2016 Daniel Lanyon

It has been a tough month for investors in P2P and direct lending trusts in terms of market sentiment but the outlook is stronger than ever for closed-ended funds in the space, argues Eaglewood’s ...

VPC Speciality Lending Trust cuts dividend, dips into reserves

15th June 2016 Daniel Lanyon

The Victory Park Capital (VPC) Speciality Lending Investments Trust used its reserve cash to partly fund its latest shareholder dividend, according to regulatory filings to the London Stock Exchange. The ...

Ranger Direct Lending plots Z-share issue

7th June 2016 Daniel Lanyon

The £155m alternative credit investment trust Ranger Direct Lending is considering a new round of fundraising to launch Z-shares worth up to £30m, according to documents filed on the London ...

Forget Lending Club, there’s a buying opportunity in the likes of P2P GI and VPC investment trusts, says Cantor’s Tepes

31st May 2016 Daniel Lanyon

Marketplace lending trusts have had a rough ride of late, but this has only served to make them more attractive according to Cantor Fitzgerald’s Monica Tepes.   Investors should treat ...

P2P and marketplace lending funds not platforms are the threat to banks, says Deloitte report

26th May 2016 Daniel Lanyon

The rapidly growing demand for P2P and marketplace lending funds is the leading threat to banking’s traditional lending territory within the alternative finance space rather than the plethora of ...

Blue Elephant to Resume Prosper Loan Purchases

26th May 2016 Ryan Weeks

Specialist investment fund Blue Elephant starts buying up Prosper loans again after a temporary pause in the programme.   According to Reuters, Blue Elephant Capital Management has suggested ...

“It’s the known unknowns that are creating all the problems”: GLIF’s Whelan thinks Marketplace Lending Trusts’ Discounts Will Narrow

24th May 2016 Daniel Lanyon

The CEO of GLI Finance reveals why he thinks marketplace lending trusts have seen a hit in sentiment in 2016 but also why this should not last.   Investors in marketplace lending investment ...

Direct lending funds most popular for alternative credit investors

14th July 2011 Daniel Lanyon

A survey of investors by Elian shows those invested in the broad alternative credit space are most bullish on direct lending over other strategies on a two year view.   Direct lending is the ...