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Victory Park Capital is Investment Manager in $300MM IPO

March 25, 2015, 07:29 AM
Filed Under: Industry News

Victory Park Capital Advisors, LLC (Victory Park Capital) announced that it has been retained by a newly formed, U.K.-based investment company to serve as investment manager. The company, VPC Specialty Lending Investments PLC, announced the completion of its initial public offering of ordinary shares on the Main Market of the London Stock Exchange on March 13.

As investment manager, Victory Park Capital will be charged with investing approximately $300 million in opportunities within the specialty lending market primarily through online lending platforms.

“The significant growth in the specialty lending market through consumer and small business and direct lending electronic platforms and the success of the listing is a strong endorsement of our established track record and experience,” said Brendan Carroll, senior partner at Victory Park Capital. “We have a robust pipeline of investment opportunities, but are seeking to add others where we can back a capable management team with a sound business model, allowing us an attractive income stream coupled with the potential for capital appreciation.”

Richard Levy, CEO and founder of Victory Park Capital, added, “The public vehicle is a good strategic fit for our platform, giving us the ability to offer longer-term capital to our borrowers.”   

Since 2010, Victory Park Capital has been actively involved in the specialty lending marketplace and has made more than $2.2 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K. and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

Victory Park Capital (VPC) is a privately held registered investment advisor dedicated to alternative investing through the management of its investment funds. As specialists in credit and private equity investments, VPC focuses on middle market companies across a diversified range of industries. Whether as a lender or a control investor, VPC seeks to identify opportunities where it believes the potential for reward outweighs the risks entailed. Founded in 2007, VPC is headquartered in Chicago with additional resources in Boston, Los Angeles, New York and San Francisco.







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