Victory Park Capital (VPC), a global alternative investment firm specialising in private credit, has held the final close for Asset Backed Opportunistic Credit strategy.
The fund is oversubscribed at $2.4 billion of committed and investable capital, including separately managed accounts investing alongside the fund. The strategy seeks to provide customised credit solutions to established and emerging, asset-rich companies with strong growth trajectory.
Limited partners in the strategy include pension funds, financial institutions, insurance companies, endowments, healthcare services, family offices and other institutional investors. In addition to the limited partner commitments, the Fund has secured a term credit facility to strategically complement its investable capital.
Read more: Private Equity Wire
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