Hedge Fund Financier Bets on $812 Billion Private-Debt Market.

Piers Beckwith, 41, said he expects Xenia to close four loans in a matter of weeks. Xenia has completed about a dozen loans in as little as two weeks -- faster than most banks -- and some borrowers are already repeat customers, Beckwith said in the interview. Xenia also focuses on loans for affordable homes, cutting the risk of unsold units, and it doesn't rely on one lender either -- even if it's Beckwith's own family. [Extracted from the article]

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