Personal credit score is ready to broaden its footprint in rising markets amid rising demand for funding options, Victory Park Capital (VPC) has predicted.
In a word to traders, VPC’s chief govt Richard Levy and chief funding officer Brendan Carroll highlighted rising markets as a key progress space for personal credit score, the place demographic tendencies and a rising want for capital create distinctive alternatives for funding.
“As firms in these areas search various financing sources to gasoline progress, personal credit score will likely be well-positioned to fulfill the demand, significantly by asset-backed lending methods,” Levy and Carroll added.
Within the 12 months forward, Levy and Carroll anticipate to see continued demand for bespoke funding options, as traders search out tailor-made funding choices that meet their particular wants, quite than relying solely on conventional fund commitments.
Learn extra: Victory Park Capital makes array of promotions
They’ve additionally predicted that expertise will play a extra vital position within the personal credit score sector.
“VPC has more and more leveraged AI-driven instruments to boost effectivity throughout its funding processes, from portfolio analytics to danger evaluation and deal sourcing,” they added.
“By integrating these applied sciences, we’ve got improved decision-making velocity and accuracy, permitting us to establish and execute alternatives with larger precision.”
Following a busy 2024, Levy and Carroll instructed traders that the agency is getting into 2025 with an “exceptionally robust” funding pipeline, reflecting the rising demand for various financing options. VPC intends to proceed to scale, with new hires and new product launches, following the completion of the corporate’s acquisition by Janus Henderson.
Learn extra: Janus Henderson buys majority stake in Victory Park Capital
“We’re excited to associate with Janus Henderson in VPC’s subsequent section of progress,” stated Levy.
“This partnership is a testomony to the energy of our established model in personal credit score and differentiated experience, and we imagine it’s going to allow us to scale sooner, diversify our product providing, broaden our distribution and geographic attain, and bolster our proprietary origination channels.”
Earlier as we speak (13 February), the corporate introduced the appointment of Hugo Lestiboudois as principal, to advance the agency’s authorized credit score technique.
“We welcome Hugo to the agency with nice pleasure,” stated Levy.
“I’m assured that his expertise will assist us unlock additional momentum within the quickly increasing marketplace for authorized investing and deal with the rising demand for progressive funding options.”
Learn extra: VPC reviews resilience in asset-backed lending portfolio