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Optimism was in abundance on the first day of the LendIt conference held in London yesterday, but questions remain over the longevity of the model.
%2080.jpg "MPL industry split over Tory MP’s pari passu proposal")
A Conservative MP has called on marketplace lenders to be required to put up capital alongside investors – a suggestion that has divided some in the industry.
With interest rates remaining at historically low levels, more pension funds are looking for an alternative space to allocate capital.
Imran Ahmad has joined from JP Morgan Asset Management as an investment director.
Steve DeAngelis has joined from Goldman Sachs Asset Management as head of distribution.
The firm will combine its alternative solutions and structured finance teams into a single entity with €31bn in AUM.
The firm’s Whitehorse strategy has supported Capvis’s acquisition of a majority stake in Gotha Cosmetics with a €65m unitranche facility arranged by Credit Suisse.
.jpg?id=19327367645 "Beechbrook delivers five-year loan to Chinese takeaway")
The £7.5m unitranche facility will support Hotcha’s expansion of its business as it looks to cement its position as the UK’s largest Chinese takeaway company.
The £7.5m unitranche facility will support Hotcha’s expansion of its business as it looks to cement its position as the UK’s largest Chinese takeaway company.
Turmoil in the shipping industry and the prospect of increased regulatory pressure on the banks may present opportunities for debt funds. But investing in this market is not without its icebergs.