November 2016 IssueLong scroll reading

Update: RiverNorth Marketplace Lending Corporation (RMPLX) webcast

By David Snowball

In October, we offered a Launch Alert for RiverNorth’s latest fund, RMPLX. It’s a closed-end interval fund which offers institutional investors access to the quickly evolving marketplace lending sphere. The fund has a million dollar minimum initial investment and, structurally, has some similarities to a hedge fund.

In mid-November, RiverNorth will host a webcast helping investors understand the potential risks, returns and distinctive characteristics of this slice of the market. They’ve done good work with their webcasts before, so folks with the interest and wherewithal might want to join in.

Here are the details shared by RiverNorth:

Webcast Title: Incorporating Marketplace Lending Into an Institutional Portfolio

Thursday, November 17, 2016

3:15pm CT

Register for the webcast at www.rivernorth.com/events

Hosted by Ron Suber and Philip Bartow

  • Prosper Marketplace President Ron Suber will present an overview of the marketplace lending (“MPL”) industry and provide his perspective on the future of the MPL space.
  • Philip Bartow, Portfolio Manager of RiverNorth’s marketplace lending strategies, will discuss the primary investment characteristics of the MPL asset class and the opportunity for incorporating it into a portfolio.
  • Philip will also provide an overview of RiverNorth Marketplace Lending Corporation (RMPLX)which launched September 2016.
  • Q&A will follow the main discussion.

Questions can be submitted during the call via the webcast portal. Limited lines will be available for dial-in at 877.407.1869

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About David Snowball

David Snowball, PhD (Massachusetts). Cofounder, lead writer. David is a Professor of Communication Studies at Augustana College, Rock Island, Illinois, a nationally-recognized college of the liberal arts and sciences, founded in 1860. For a quarter century, David competed in academic debate and coached college debate teams to over 1500 individual victories and 50 tournament championships. When he retired from that research-intensive endeavor, his interest turned to researching fund investing and fund communication strategies. He served as the closing moderator of Brill’s Mutual Funds Interactive (a Forbes “Best of the Web” site), was the Senior Fund Analyst at FundAlarm and author of over 120 fund profiles. David lives in Davenport, Iowa, and spends an amazing amount of time ferrying his son, Will, to baseball tryouts, baseball lessons, baseball practices, baseball games … and social gatherings with young ladies who seem unnervingly interested in him.