In October, we offered a Launch Alert for RiverNorth’s latest fund, RMPLX. It’s a closed-end interval fund which offers institutional investors access to the quickly evolving marketplace lending sphere. The fund has a million dollar minimum initial investment and, structurally, has some similarities to a hedge fund.
In mid-November, RiverNorth will host a webcast helping investors understand the potential risks, returns and distinctive characteristics of this slice of the market. They’ve done good work with their webcasts before, so folks with the interest and wherewithal might want to join in.
Here are the details shared by RiverNorth:
Webcast Title: Incorporating Marketplace Lending Into an Institutional Portfolio
Thursday, November 17, 2016
Register for the webcast at www.rivernorth.com/events
Hosted by Ron Suber and Philip Bartow
- Prosper Marketplace President Ron Suber will present an overview of the marketplace lending (“MPL”) industry and provide his perspective on the future of the MPL space.
- Philip Bartow, Portfolio Manager of RiverNorth’s marketplace lending strategies, will discuss the primary investment characteristics of the MPL asset class and the opportunity for incorporating it into a portfolio.
- Philip will also provide an overview of RiverNorth Marketplace Lending Corporation (RMPLX)which launched September 2016.
- Q&A will follow the main discussion.
Questions can be submitted during the call via the webcast portal. Limited lines will be available for dial-in at 877.407.1869