Emerald Asset Management and Lend Academy Investments have announced a strategic partnership to develop an investment management business to be focused on opportunities in the marketplace lending industry.
“We believe that this is a powerful combination – bringing together an institutionally-focused investment manager and a leader in technology-driven marketplace lending solutions,” says Emerald Chairman & CEO Joseph E Besecker.
“We are two companies that share a vision of the future of marketplace lending,” says Bo Brustkern, Co-Founder of Lend Academy Investments, which does business as NSR Invest. “We will grow a business grounded by experienced investment professionals and continuously evolving technologies.
“We will grow a business grounded by experienced investment professionals and continuously evolving technologies.”
The new business will be guided by Emerald subsidiary Emerald Direct Lending Advisers, LLC and NSR Invest. Emerald Direct Lending Advisers manages four funds focusing on marketplace lending investing, including its flagship fund that launched in July of 2012 and one of the industry’s first collective investment funds, offered to public and corporate pension plans. Emerald affiliated advisory companies managed over USD4 billion for individual and institutional investors as of 31 March, 2016. NSR Invest provides its cutting-edge technology platform to facilitate marketplace lending investments, and markets a private fund and individually managed accounts. NSR Invest is an affiliate of Lend Academy Media, a leading information source for the marketplace lending industry since 2010, and LendIt, the leading industry conference.