LendingRobot Sets Up ‘Hedge Fund’ to Simplify Online-Loan Investment

A one-stop shop for investors, the service’s costs are a fraction of typical hedge-fund fees. LendingRobot Series charges 1% of assets under management and caps fund expenses at 0.59% So you want to bankroll loans made by online firms like Prosper and Lending Club , which rely on individual investors for financing, but you don’t have time to analyze credit risk and potential returns for dozens of different borrowers? LendingRobot CEO Emmanuel Marot has the solution: a hedge-fund style investment vehicle for clients looking to park $100,000 or more in so-called peer-to-peer loans, with average returns as high as 11.5%.