Securitizing p2p loans

I see a Lex article in today's FT that hedge fund Edgewood Capital is securitizing $53 million in loans it made through Lending Club. Not sure if these are consumer or business loans, but seems a significant development in crowd funding.In this low interest rate environmrent, expect many more of the same going forward.Matt

Topics
Type
Our Poblications
0
Promote to Editors
0