[Editor’s note: This is a guest post from Oleg Seydak, CEO at Blackmoon Financial Group, an emerging leader in...
Continuing their strategy of moving to balance sheet lending platforms the fund sold their entire holding in Prosper marketplace loans; the holding amounted to 4.1 percent of the company’s net asset value or NAV as of October 31st; the company also said they were able to reinvest all the process form the Prosper sale into balance sheet investments and have increased their balance sheet exposure to 79 percent of the fund. Source.