Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. December 11, 2014

LendingClub: The Path to IPO

<span style="color:rgb(74, 74, 74); font-family:lato,helvetica neue,helvetica,arial,sans-serif; font-size:15px">LendingClub, a peer-to-peer lending platform, is slated to be the largest American tech IPO in 2014, with a valuation of $5 billion. It plans to raise $866 million through the share offering.</span><br /> <br /> <span style="color:rgb(74, 74, 74); font-family:lato,helvetica neue,helvetica,arial,sans-serif; font-size:15px">Our infographic below shows the returns from early backers like Canaan Partners and Morgenthaler Venture Partners, who led a $15 million Series A investment back in August 2007 at $0.27 per share. That $15 million investment will be worth a staggering $884 million at IPO.</span>
Read by 41% of LPs December 03, 2014

Regulators, Once Again, Deliver a Message on Leveraged Lending

Regulators don't want banks piling high levels of debt on companies. But banks might escape penalties if they make loans in good faith....
Read by 45% of LPs July 31, 2014

One Savings Bank Directors get PS34M from Share Awards Scheme

Twelve directors of One Savings Bank bagged &pound;34 million from the lender&rsquo;s float last month thanks to a lucrative private equity award scheme....
Read by 61% of LPs June 11, 2014

PayPal Co-Founder Max Levchin Raises $45 Million for Online Lending Startup

Rather than rely on FICO credit scores, Affirm calculates the risk of borrowers based on a range of personal data including information gleaned from social-media profiles as well as the cost of the items being purchased. It then determines what rate and structured payment makes sense to offer the customer.
Read by 74% of LPs October 16, 2013

Texas Municipal Pension Moves Funds to Loans From Bonds, Equity

The Texas Municipal Retirement System is investing $250 million in bank loans as it shifts money from equities and bonds....
Read by 36% of LPs October 14, 2013

Energy Future Said Near Bankruptcy Loan Exceeding $3 Billion

Energy Future Holdings Corp., the Texas power generator taken private in the biggest leveraged buyout ever, is close to obtaining a loan of more than $3 billion ahead of a bankruptcy filing that may c...
Read by 76% of LPs October 14, 2013

Britain Expands Program to Spur Home Purchases

Britain began the second phase of a new program on Tuesday that is aimed at igniting home buying, in part by guaranteeing up to 15 percent of a mortgage loan....
Read by 72% of LPs October 09, 2013

Lohmeier Named Managing Director, Wespath Investment Management

The Wespath Investment Management division of the General Board of Pension and Health Benefits of The United Methodist Church (GBPHB) today announced the promotion of Michael (Mike) Lohmeier to Managing Director of Investment Management...
Read by 79% of LPs October 08, 2013

Hedge funds step into the shadows

Some of the world's best-known hedge funds have stepped into the shoes of Wall Street banks and expanded into the $5tn "repo" market, where financial companies lend out their assets in exchange for sh...
Read by 56% of LPs September 25, 2013

Billabong Gets $542 Million Lifeline From Private Equity

The Australian surfwear company said Thursday it had agreed to accept the financing offer from Centerbridge Partners and Oaktree Capital to help it pay down debt and restructure its loss-making operat...
Read by 41% of LPs