CFA Society Chicago Events
Vault Series: RiverNorth
Date, Time, and Location:
Program Description: Online origination of consumer and small business loans has seen remarkable growth over the past 5 years. What was once a truly peer-to-peer market has transformed into an institutional asset class. Marketplace (MPL) lending originations have grown from under $1B in 2011, to ~$27B in 2016. While this represents tremendous compounded growth, it is still less than 3% of total household originations. Please join RiverNorth's Philip Bartow (lead-PM, Marketplace lending strategies) as he presents a brief history of MPL, the investment characteristics of the asset class, and his thoughts on risks & future opportunities.
CFA Institute Qualified Activity: Eligible for 1 credit hour
Attire: Business Casual
Menu: Refreshments & Light Snacks
Hosted by: Distinguished Speaker Series Advisory Group
Philip Bartow joined RiverNorth in 2015 and serves as Portfolio Manager. He manages the firm's marketplace lending strategies. He came to RiverNorth with 12 years of experience in investment management, capital markets, and investment banking capacities within structured finance, securitized products and real estate. Prior to joining RiverNorth, Bartow was a Principal at Spring Hill Capital where he focused on the analysis and trading of structured credit, commercial mortgage and asset-backed fixed income investments. He began his career in the Mortgage Department at Lehman Brothers Inc. in New York, where he focused on non-agency residential mortgages and esoteric asset-backed securities. Bartow graduated from Williams College with a B.A. in Economics and earned his MBA from Columbia Business School with a concentration in Accounting and Finance.
*Special Notes Regarding Fees:
CFA Institute CE Qualified Activity
Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.