Bill Miller discusses his $154 million hedge fund MVP 1 and its 30% allocation to bitcoin in a Wall Street Journal article; the fund is up 72.5% this year and according to a letter to investors the fund paid an average price of $350 per bitcoin; while his fund has done well he is aware of the risks that bitcoin could go to zero, providing his perspective in the article. Source
Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
LendTech Capital Partners is a new investment advisor focused on equity investments in the marketplace lending industry. Their newly created...
QED is one of the leading venture capital firms in fintech; they have many notable investments such as Nubank, SoFi,...
The fund expects to provide a dividend of 15p per quarter by the end of the second quarter of 2018; this would represent a yield of 7.8%; the fund shared that it had a pipeline of attractive yielding assets of £400m and will increase share buybacks. Source
Gary Melara has been working with artificial intelligence (AI) programs for decades. So, when he first considered investing in Prosper...
According to a blog post by the company, the fund will provide. ”financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way”; the company also said it will not invest in security tokens at this time; it is likely that the company is sitting on significant amounts of cash which put it in a good position to launch a fund; revenues in 2017 totaled over $1 billion; Bloomberg reported that the top ten largest crypto exchanges take in $3 million in fees per day. Source
[Update 3/20/2019: Bloomberg is now reporting that Brendan Ross has resigned as CEO of Direct Lending Investments and that the...
Many investors like the simplicity, ease and liquidity of investing in a publicly traded fund. There are currently five closed...
Reuters reports that Colchis Capital Management, a major player in investing in online direct lending platforms is winding down its...