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Direct Lending Investments

Fintech
·Aug. 12, 2020

Top Fintech News Stories for August 12, 2020

Here are the most read news stories from our daily newsletter today: American Express reportedly in talks to buy Kabbage...
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FintechNews RoundupUSA
·Mar. 20, 2019

Brendan Ross Has Resigned as CEO of Direct Lending Investments

Bloomberg is reporting that beleaguered fund manager, Brendan Ross, has resigned as CEO of Direct Lending Investments; citing a letter...
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Peer to Peer Lending
·Feb. 27, 2019

Direct Lending Investments Suspends Investor Withdrawals

[Update 3/20/2019: Bloomberg is now reporting that Brendan Ross has resigned as CEO of Direct Lending Investments and that the...
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Peer to Peer Lending
·Jun. 8, 2015

Bryce Mason of P2P-Picks Taking a Job at Direct Lending Investments

[Update: Brendan Ross was arrested in August 2020 and Direct Lending Investments was placed into receivership. Court cases are ongoing...
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FintechNews RoundupUSA
·Mar. 25, 2019

More Trouble for Direct Lending Investments

The SEC is suing Direct Lending for inflating returns by about 2 to 3% per year according to Bloomberg; the...
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FintechNews RoundupUSA
·Feb. 27, 2019

Direct Lending Investments Suspends Investor Withdrawals

Recently we learned that Direct Lending Investments, one of the largest fund managers in the alternative lending space was suspending...
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Peer to Peer Lending
·Jan. 5, 2016

Direct Lending Investments Seeks to Convert Fund to a 40-Act Fund

[Update: Brendan Ross was arrested in August 2020 and Direct Lending Investments was placed into receivership. Court cases are ongoing...
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Peer to Peer Lending
·Mar. 12, 2015

StreetShares Secures $200M For Veteran-owned Small Businesses

StreetShares, a peer to peer lending marketplace focused on small business loans announced yesterday huge commitments from several investment companies...
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