P2P Global Investments changed its name to Pollen Street Secured Lending, effective 18 September 2019.
The company’s investment objective remains to provide shareholders with an attractive level of dividend income and capital growth through investments, directly and indirectly, in consumer and SME loans and in corporate trade receivables that have been originated through online peer-to-peer (P2P) platforms in the UK, US and Europe.
Before changing its name, P2P Global Investments said P2P lending is a fast growing area of finance that matches borrowers and lenders via low cost online platforms. It covers various debt classes including consumers, SMEs and corporates and through dis-intermediating more traditional financial institutions such as banks, allows both borrowers and lenders to achieve attractive interest rates.
The trust may also invest in equity stakes in P2P platforms themselves, whether via direct equity investments or through the acquisition of warrants or other convertible securities.
You can access the fund’s website here