In October 2016, Prospect Marketplace Lending Corp. filed an N-8A and an N-2 indicating the company's investment status and plans for managing a closed-end fund investing 80% of the assets in marketplace lending investments; the firm has now filed a Form 40-APP; the Form 40-APP requests permission to offer multiple share classes, each with its own fee and expense structure. Source
Prospect Marketplace Lending Corp. has filed papers with the Securities and Exchange Commission for a fund investing in marketplace loans; the firm has filed an N-8A and an N-2 indicating its investment company status and plans for managing a closed-end fund; the closed-end fund will invest 80% of its assets in marketplace lending investments. Source