By Lawrence Delevingne BOSTON (Reuters) – San Francisco-based Colchis Capital Management LP, a pioneer in online direct lending platforms, is cutting its major funds as disruption from the novel coronavirus began to hit its consumer lending and real estate, according to documents reviewed by Reuters. “The biggest risk to Colchis Income Funds is unemployment for […]
Month: April 2020
Exclusive: eye on defaults, US direct lender Colchis Capital to close funds
BOSTON (Reuters) – San Francisco-based Colchis Capital Management LP, a pioneer of online direct lending platforms, cuts major funds as disruption from the novel coronavirus begins to affect its consumer and real estate lending, according to documents reviewed by Reuters. “The biggest risk for Colchis Income Funds is unemployment for our consumer loans and the […]