Ron Suber, President of Prosper, America's first marketplace lending platform is a bit of a legend in the fintech industry. Ron does a fair bit of public speaking and generally advocates to anyone who will listen about the transformation of finance and the new shared economy.
If you have time, check out his excellent 34-minute keynote speech at the recent inaugural Context Summits Alternative Lending event held in late September in Dana Point, CA (link below). In his speech, Ron discusses the new phase of growth for Marketplace Lending while talking about the "new necessary nine" for fund performance and global marketplace platform success, in addition to other key marketplace lending industry insights.
The "New Necessary Nine" encompasses:
- Loan Valuation
- Accruals for Defaults
- Loan Selection
- Platform Performance
- Fund Fees
- Leverage
- Stop Purchasing/Cash Drag
- Loans at Premium (Prepay) &
- Currency Hedge
See Ron Suber's full speech at the Context Alternative Lending Summit at YouTube.
The one day event also featured a number of other distinguished leaders within the industry, with a list that read like a "Who's Who in Fintech", including:
Brian Weinstein, CIO - Blue Elephant Capital Management LLC
Brendan Ross, CEO - Direct Lending Investments LLC
Scott Langmack, Managing Partner - Incline Fund Management
Paul Echausse, Managing Director - Alcentra
Paul Lisiak, Managing Partner - Metropolitan Equity Partners
Ram Ahluwalia, CEO & Co-Founder - PeerIQ
Aamir Sheikh, CEO - Echelon Asset Management
Paul Deitch, CEO - Patch of Land
Douglas Monticciolo, Chief Investment Officer - Brevet Capital
Ram Ahluwalia, CEO & Co-Founder - PeerIQ
Aamir Sheikh, CEO - Echelon Asset Management
Paul Deitch, CEO - Patch of Land
Douglas Monticciolo, Chief Investment Officer - Brevet Capital
Brian Newman, VP of Business Development - Prodigy Network
Peter Sterling, Portfolio Manager, Direct Yield Fund - Coastland Capital
Jeremy Todd, Director of West Coast Sales - Orchard Platform
Alan Snyder, Managing General Partner - Shinnecock Partners
Don Davis, Managing Partner - Prime Meridian Asset Management
Damon Krytzer, Managing Director - GreyWolf Capital Management
David Aviram, Principal - Maverick Real Estate Partners LLC
Jason Drattell, Managing Partner - Praesidian Capital
Tingting Zhang, President & Portfolio Manager - The TerraCotta Group, LLC
Andrew Deringer, VP, Head of Financial Institutions Group - Lending Club
Thomas Wiese, Senior Managing Director - Lombard International
Jor Law, Co-Founder - VerifyInvestor.com & Homeier Law PC
Nav Athwal, Founder and CEO - Realty Shares
John D’Agostino, Managing Director/ Head of Americas - DMS Offshore Investment Services
Howard Schickler, Partner - Katten Muchin Rosenman LLP
Clay Smudsky, Managing Director - Social Finance, Inc.
James Egan, VP Research & Strategy - Evolution Capital Management
Brock Blake, CEO - Lendio
Stephen Sheinbaum, Founder - Bizfi
Albert Periu, Global Co-Head of Capital Markets - Funding Circle, &
Craig Schleicher, Senior Manager - PwC
Context Summits is the preeminent producer of events for the alternative asset management industry, and focuses on elevating the conference experience through an innovative format where targeted relationship building leads to unmatched results. Context produces events attended by fund managers, institutional investors and family offices in Miami, Texas, California & Europe. Their next events will be held in late Jan/early Feb 2017 at the Fontainebleau Miami Beach, Miami Beach, FL.
Fore more information on Context Summits & their 2017 Alternative Lending Summit, visit their website at https://www.contextsummits.com/altlending.