London-based lower mid-market focused debt provider, ESO Capital is setting up a new permanent capital vehicle on which it will build a wholesale marketplace lending platform, ESO chief executive Alex Schmid (pictured) told PDI. The new limited liability company will be backed by capital provided by ESO’s existing investors, he added.
Exclusive: ESO establishing marketplace lending platform(1)
ESO Capital will initially build the strategy around its tie-up with marketplace lender ThinCats and plans to expand into both other jurisdictions and types of lending.
