LendingRobot Digital Wealth Platform Rolls Out a New Alternative Lending Hedge Fund

LendingRobot_Fund_2017

Today LendingRobot launched a new alternative lending hedge fund called LendingRobot Series to add to its suite of products. This fund will allocate to Lending Club, Prosper, Funding Circle and other online loan origination platforms. Their fees are on the lower end of the spectrum with a 1% management fee and fund expenses capped at 0.59%. The minimum investment is $100,000 and the fund is open to accredited investors.

The fund is structured as a series investment trust, which means that they can offer several different strategies at once. Investors can choose between aggressive or conservative strategies and between short and long term time horizons (20-36 months). Net returns are expected to yield up to 9.66%.

LendingRobot_Fund_Risk_Maturity

In typical LendingRobot fashion, the fund will use technology to keep expenses low. LendingRobot’s technology platform will be used to select loans and execute trades. It will use blockchain technology to deliver a ledger of all transactions to see exactly which loans have been selected for the fund, thereby increasing transparency while simultaneously making the annual audit more efficient and less expensive.

LendingRobot offers individuals and wealth managers fully automated investment accounts on Lending Club, Prosper and Funding Circle. They have 6,500 clients representing over $125m in assets under management and they have submitted over 4 million trade orders to date. The company has raised $3m in a Series A funding round led by Runa Capital.

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Just passing
Just passing
Jan. 26, 2017 1:52 pm

I can see algorithms attempting to maximize returns based on past experience, as in the case of fully transparent histories such as lending Club, etc. But in the case of Lending Home how is an algorithm to be decided any better than the automated investing choices provided by lending Home itself?

Emmanuel
Jan. 27, 2017 10:37 am
Reply to  Just passing

it’s possible to also analyze the history of Lending Home loans and optimize accordingly, even with less data.
Also, in some cases the objective may differ from purely maximizing returns. For instance, for the ‘Short Term’ objectives of LendingRobot Series, the algorithms may prefer loans that have a higher chance of early repayment.

Just Passing
Just Passing
Jan. 27, 2017 11:24 am
Reply to  Emmanuel

I have been investing in Lending Home for over 2 years and have the ability to analyze any new investment that comes up on the platform, but once a deal is closed I cant see it anymore. So any deal iI previously turned down is not available for me to see as past history. This is one of the reasons I prefer numerous other crowdfunding sites over Lending Home for their greater transparency. Are you saying you have access to all the information on all prior transactions?

len
len
Feb. 1, 2017 8:01 pm
Reply to  Just passing

Adding my name to get the emails as subscribe link didn’t seem to work. But I have the same question regarding lending home. And any other sites like lending club etch that provide historical data