Peter Renton Starts Fund

Peter Renton, well known blogger at Lendacademy and founder of the Lendit Conference starts a fund (Lend Academy Investments LLC) that will invest in p2p loans at Prosper, Lending Club and Funding Circle. Co-founders are Jason Jones, a former hedge-fund manager, and Bo Brustkern, a valuation expert. The fund will raise 28 million US$ this year and aims to raise 100 million US$ from investors by the end of 2015.

(Source Bloomberg & other)

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