"We believe a diversified portfolio of loans across a variety of loan asset classes and lending platforms allows us to mitigate risk while seeking the highest potential returns for our investors."
Dallas, TX (PRWEB) July 31, 2014
The technology that identifies and selects peer-to-peer loans for investment within Ranger Specialty Income strategy known as TruSight Technology™, achieved a milestone last June when it reached 18 consecutive quarters of positive performance results.* Developed in 2009 by Portfolio Manager, Gary Melara, TruSight Technology is an artificial intelligence (AI) system that evaluates data and hundreds of borrower credit fields from each peer-to-peer lending marketplace. TruSight seeks to identify those criteria that produce the highest potential returns on investment.
"I have been developing and implementing AI systems for decades in all kinds of industries. When I was first introduced to peer-to-peer lending in 2009, I thought that this was a perfect opportunity for an AI-based system,” said Mr. Melara. “For those lending platforms that have available loan history and that can accommodate electronic loan selection, TruSight's AI algorithms and loan-monitoring mechanisms enable us to create a diversified portfolio of what we believe to be the most promising peer-to-peer loans.”
TruSight Technology began investing in loans in January of 2010 and this past June it achieved 18 consecutive quarters of positive performance results. In those 18 quarters, the net compounded annualized returns was 11.21% (net returns after all portfolio expenses and fees including actual and forecasted defaults).*
As the Ranger Specialty Income strategy focuses on expanding into new direct lending asset classes such as small business lending, real estate and specialty finance, TruSight Technology will be deployed on these new marketplaces when possible. “Our goal is to have TruSight working on dozens of lending marketplaces, in multiple asset classes, both domestically and internationally,” said Bill Kassul a partner of Ranger Alternative Management II, LP, an advisory firm which falls under the Ranger Capital Group umbrella. “We believe a diversified portfolio of loans across a variety of loan asset classes and lending platforms allows us to mitigate risk while seeking the highest potential returns for our investors.”
The Ranger Specialty Income strategy seeks to provide investors consistent, monthly income and attractive yields, while also providing uncorrelated returns to both equities and other fixed income securities. The strategy offers multiple monthly distribution options for investors. The performance objective of the strategy is to generate an annualized net return of between 8% and 10%.
About peer-to-peer lending
Historically, the burgeoning peer-to-peer asset class has a low correlation to equity and traditional fixed-income investments, and returns on these investments have generally been higher than many other types of fixed-income products. These returns are possible, in part, because the peer-to-peer lending marketplace attracts borrowers under-served by traditional banking sources. This development led to the rise of online peer-to-peer lending platforms that bring together investors and borrowers.
About Ranger Specialty Income Strategy
For those lending platforms that have available loan history and that can accommodate electronic loan selection, the Ranger Specialty Income strategy uses a proprietary artificial intelligence system known as TruSight Technology™ to evaluate, select and invest in multiple loan asset classes and a variety of lending platforms to create a diversified portfolio. Developed by the Portfolio Manager exclusively for investing in peer-to-peer loans, artificial intelligence (AI) algorithms generated by TruSight evaluate data and hundreds of borrower credit fields from the peer-to-peer lending platforms which have both an electronic interface and sufficient historical data to accommodate TruSight. TruSight algorithms seek to identify the important criteria of loans with the highest potential returns on investment. Ranger’s TruSight Technology and approach to peer-to-peer investing has been actively used and continually enhanced to invest in peer-to-peer loans over the past four years.
For more information about the Ranger Specialty Income strategy, please contact Bill Kassul at 214-871-5270 or [email protected] .
About Ranger Capital Group
The Ranger Specialty Income strategy is advised by Ranger Alternative Management II, LP, an investment adviser registered with SEC which is controlled by Ranger Capital Group. Ranger Capital Group is an employee-owned holding company which hosts a variety of registered investment advisers offering traditional and alternative investment opportunities to institutional and high net worth individual investors. Currently, Ranger affiliated investment advisers manage over $3 billion in assets. Additional information regarding Ranger Capital Group and its affiliated investment advisers may be obtained on-line at http://www.rangercap.com. Registration with the SEC as an investment adviser does not imply any level of skill or training.
For more information, visit: http://www.rangerspecialtyincome.com