Since launching in 2013, Petra Credit Fund I, LP has sought to generate high yield while simultaneously minimizing both risk and volatility.

In The News

Fintech Lenders Dial Back Marketing in Response to Softer Investor Demand

Posted April 10, 2016

Online lenders are scaling back efforts to attract new borrowers, as these upstarts contend with pressures from quality control to regulation that could dent their revenue growth.


Big Banks Cut Back on Small Business

Posted November 26, 2015

Small businesses get fewer loans from banks, turning to alternative lenders that charge significantly higher rates.


How to Profit From Peer-to-Peer Lending

Posted February 15, 2015

Some believed that peer-to-peer lending was just another here-today-gone-tomorrow Internet “thing”. But after the Lending Club’s IPO hit $1 billion late last year, the truth became clear to just about everyone — there is a new lending sheriff in town.


Lending Club to Float Today

Posted December 11, 2014

Lending Club has announced that it is pricing its IPO at $15 a share. This gives the company a valuation of $5.4 billion – higher than the range it released at the beginning of this week, $12 to $14, which was an increase of the original range of $10 to $12 a share.


Lending Club IPO rides easy money wave

Posted December 9, 2014

After months of anticipation, the investor roadshow for Lending Club’s initial public offering began on the first day of December. Five hours later, it was already a roaring success.


Peer-to-Peer Lending: Ready to Grow, Despite a Few Red Flags

Posted January 8, 2014

Peer-to-peer lending hit the headlines in early December when former Citigroup CEO Vikram Pandit invested in Orchard, a New York City-based startup that aims to create a secondary market for P2P loans. Pandit is part of a group including venture capital firms Canaan Partners and Spark Capital that is investing $2.7 million in Orchard.


Old Guard of Banking Sets Out to Disrupt It

Posted December 4, 2013

After a long career in mainstream finance, Vikram Pandit is going alternative. The former Citigroup Inc. chief executive is helping to fund an upstart in the peer-to-peer lending industry called the Orchard, whose seven employees share office space in downtown Manhattan with a company that teaches disc jockeying.


Petra Partners Launches P2P Hedge Fund

Posted September 3, 2013

While many others were off enjoying their vacations this summer, Petra Partners was busy preparing the launch of its latest fund for October 1, 2013. The fund will be credit-focused but will invest primarily in the burgeoning peer-to-peer (or “P2P”) lending space.