| How they describe themselves:
People Capital is a student loan marketplace addressing the $115 billion annual
education funding gap in the US, by leveraging innovations in credit risk and loan origination. With our proprietary
Human Capital Score, lenders have a risk management tool that underwrites a student based on merit and projected
income. With our peer lending platform, we originate student loans with fractional lender participation helping
them diversify risk. We utilize automatic or manual portfolio screening for lenders to better carve up the borrower
base. Additionally our loan bid auction method can lower interest rates for borrowers as well.
What they think makes them better: Unlike other student or consumer lenders, we offer innovative risk
management and cutting edge risk diversification. The Human Capital Score changes the way we manage student
credit risk, by analyzing the student’s ability to service debt, rather than the nominal need for tuition. The peer
lending platform opens the doors for origination, in an industry that has lagged innovation for many years. The
platform allows lenders to screen borrowers by university, major, region, HCS Score, etc and they can fractionally
participate in loans, thus diversifying risk.
Executives: Thomas Shelton (Founder & CEO), Al Alper (President), Alan Samuels (Chief Product Officer),
John Nerenberg (CIO)
Investors: Radcliff Group Inc., Serious Change LP, Joshua Mailman
Board Members: Ken Kharbanda (Senior Strategic Advisor, Board member of NY Chapter of Association for
Corporate Growth, formerly Head of Corporate Development at AOL), Joshua Mailman (Founder of the Social
Venture Network (svn.org ), President of Sirius Business Corporation, Founder of Business for
Social Responsibility, Founder of Threshold Foundation, serves on Board of Human Rights Watch, the Fund for
Global Human Rights, and several other organizations), Warren Serenbetz Jr. (CEO of the Radcliff Group,
Chairman of the Wilton Board of Finance), Stuart Serenbetz (Principal of Stonebridge Development),
Carlos Fernandez-Mazzi (CEO of the Clinton Foundation’s Clinton Giustra Sustainable Growth Initiative CGSGI)
Advisory Board Members: Greg Webster (President & CEO of Fund.com, formerly President & CEO of HSBC
Brokerage (USA)), Ivar Eilersten (CEO & Founding Partner of Harbor Capital Technologies), Clarence Schwab
(Founder & Manager of C. Schwab LLC), Colbert Narcisse, (former COO of Americas Investment Banking for
Merrill Lynch, Executive Leadership Council, Investment Advisory Committee of the NYC Investment Fund)
Contacts:
Biz Dev: Jacques Tohme, VP - Corporate Development, 212-401-1216 x38;
Sales: Amie Dorman, VP - Business Development, 917-528-0139;
Press: Alan Samuels, CPO, 212-401-1216 x11 |
