ZURICH, April 26, 2018 /PRNewswire/ --
The investment reflects the demand
for expert risk management, platform diversification and simple
access through traditional capital markets.
Lendity AG, a provider of investment solutions for alternative
lending and private debt, announced today the launch of a
diversified bond to invest in loans from small and medium-sized
enterprises as well as consumer loans originated through Swiss
marketplace and peer-to-peer lenders. Bank Julius Baer (VTX: BAER), a Swiss publicly listed
bank with CHF 388.4 billion of assets
under management, subscribed the whole issuance.
Lendity monitors the platforms' underwriting criteria to ensure
loan quality and to proactively adjust the portfolio. "Managing
risk is essential when investing in private debt. We focus on
managing credit, platform, servicing, and legal risk," said
Rafael Karamanian, partner at
Lendity. In addition, Lendity secures meaningful allocation from
platforms and negotiates attractive terms which are directly passed
to bond holders.
To further reduce risk, the Lendity bond is highly diversified
by loan type, grade and originating platform. "This high
diversification allows a significant reduction of idiosyncratic
risk," said Armen Karamanian,
partner at Lendity. The Lendity bond represents the underlying loan
portfolio in its entirety with no additional counterparty risk.
On May 9th, Lendity
will be hosting the 2018 Alternative Lending Conference at the
Swiss SIX Exchange, the largest Alternative Lending event in
continental Europe. More info:
http://www.altlendingconference.com
About Lendity
Lendity is a Swiss Fintech that provides institutional-grade
investment solutions to access marketplace and private debt
opportunities across the globe. Lendity monitors platforms and
dynamically invests in loans from those with the most attractive
risk reward profile, obtaining an optimum diversification of both
loans and platforms. Through its infrastructure, Lendity creates
streamlined structures for global transactions and simplifies
access through the traditional capital market.
http://www.lendity.com
About Bank Julius Baer
Bank Julius Baer is the leading
Swiss private banking group, with a focus on servicing and advising
sophisticated private clients and a premium brand in global wealth
management. At the end of 2017, assets under management amounted to
CHF 388 billion. Bank Julius Baer & Co. Ltd. is the principal
operating company of Julius Baer Group Ltd., whose shares are
listed on the SIX Swiss Exchange (symbol: BAER) and is amongst the
20 largest Swiss stocks.
http://www.juliusbaer.com
SOURCE Lendity AG