SMART LENDERS AM LEAVES LONDON FOR THE PARIS REGION
Created in 2014 by Erich Bonnet, founder of ADI Alternative Investments, the Smart Lenders Asset Management (AM) Company, a specialist in the management of loan portfolios issued by online lending platforms, has just left London to come to settle in the Paris Region.
Smart Lenders Asset Management (AM), which has already raised over $180 million and is primarily aimed at European investors, has decided to leave London owing to the difficulties it may encounter with the Brexit. “This is one of the important factors that drove us to leave, because our company manages Luxembourg funds and needs a European management passport and we sell them mainly in the European Union, which also means having a marketing passport," stressed Erich Bonnet.
THE CHOICE OF PARIS REGION IS NO COINCIDENCE
“We very quickly decided on setting up in Paris Region, in particular because its financial center is attractive in the field of asset management and institutional investment. It has a highly developed fabric of financial institutions, institutional investors and management companies of all sizes. But these are not the only reasons. We particularly appreciated the pro-activity and reactivity of the French Financial Markets Authority (AMF) and the “Choose Paris Region” one-stop shop during our registration and transfer procedures in Paris Region,” explained Erich Bonnet. And he continued, “The election of Emmanuel Macron as the President of France and the measures taken in favor of entrepreneurs have confirmed our choice. The French tax environment is once again competitive and places Paris Region as an international financial and business center”.
Erich Bonnet told us that two other factors were also involved in the choice of the Paris Region. "Paris Region has a large pool of strong skills in financial and quantitative techniques, with practitioners and graduates of higher education institutions unanimously recognized in the world of finance. Lastly, the quality of life in Paris Region is a strong point: the housing, health and education sectors are competitive."
DEVELOPMENT PROJECTS 2017-2019
”In the next twenty-four months, we plan to recruit 17 new colleagues, expanding from a team of 8 to 25 employees. Our objective is to climb to € 500 million of assets under management in our Luxembourg SICAV in 2019 and to position Smart Lenders AM as the platform for access to the online lending market (crowdfunding) at the international level, dedicated to European, and in particular French investors. Smart Lenders AM has developed state-of-the-art expertise in managing direct loan portfolios, and has established an institutional-level structure, providing simplified access for French and European investors to this burgeoning asset class,“ said Erich Bonnet .
Fabien JULLIA - CEO - Smart Lenders AM: 01 40 06 29 83