Tuesday, 30 May 2023 at 16:00 CET

Webinar with Christian M. Gut co-founder and co-manager of Millennia

With core inflation stubbornly resistant and a banking crisis limiting the Fed’s options, the question turns to what is in store for consumption numbers, which account for 70% of GDP. Join us to discuss the US consumer macroeconomic data, with views on unemployment and other key forecasts, to identify opportunities and risks based on real time data.

Agenda

4pm (CTC)          Update on recent performance
4.30pm (CTC)     Q&A
4.45pm (CTC)     Call ends

Speakers
Christian M. Gut
Christian, co-founder and co-manager of Millennia SICAV-RAIF, has extensive experience working within the online lending sector both as an investor and as an operative, being previously responsible for credit score modelling and debt collection framework at an online consumer lender.
He is responsible for investments since the fund’s launch in 2018, and boasts almost 20 years’ experience in investment management.

Millenia Alternative Investments

Based in Luxembourg, Millennia SICAV RAIF is a fund-umbrella company governed by the EU AIFM Law (AIFM law of 12/07/2003) and the Luxembourg RAIF Law (RAIF Law of 23/07/2016).

Millennia is an alternative lending strategies specialist. Its first sub-fund, P2P Lending Fund, launched in November 2018 and focuses on US consumer credit. Since launch, the Fund purchased close to USD 100 million of whole loans from the leading fintech lenders in true sales transactions (protecting against counterparty risk). The strategy revolves around prime and super-prime risk exposure (no subprime lending and no non-performing loans), with short average portfolio duration  and constant cashflow generation thanks to the loans amortizing feature, that allow for up to 60% portfolio turnaround per year.

The fund externally managed by Adepa Asset Management S.A., a Luxembourg based full-scope AIFM (fund management company) with over EUR 4 billion under management.

Investment advice is provided by its General Partner Millennia S.à.r.l., which benefits from its principal’s extensive experience in investment management, banking and direct lending operations.