Announced
Synopsis
Victory Park Capital Advisors, a private equity firm, agreed to acquire a 17% stake in VPC Specialty Lending Investments, an investment trust that invests in opportunities in the alternative lending market through specialty lending platforms. Financial terms were not disclosed. "We are pleased to welcome SVS as a new significant shareholder in VSL. This investment is clear evidence of their confidence in VSL's management, long-term strategy and growth prospects. Building on the performance announced in January 2020, VSL is well-positioned to achieve its near- and medium-term objectives. We look forward to continuing to generate an attractive total return for all shareholders, built on a consistent distributable income and capital growth strategy, through asset-backed lending," Kevin Ingram, VSL Non-Executive Director and Chairman of the Board.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.