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VPC Specialty Lending Investments is an Investment Trust

To generate an attractive total return for shareholders consisting of dividend income and capital growth through investments in specialty lending opportunities.

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Appointment of Principal at VPC Advisors, LLC

24 Aug 2016 09:02

RNS Number : 0104I
VPC Specialty Lending Invest. PLC
24 August 2016
 

VPC Specialty Lending Investments PLC (the "Company")

Appointment of Principal at Victory Park Capital Advisors, LLC

Victory Park Capital Advisors, LLC, ("VPC"), the investment manager to the Company, has appointed Cormac Leech as Principal to the firm. Cormac will be based in London and act as the European representative for VPC and will be working across all aspects of its business including the London listed VPC Specialty Lending Investments PLC. He will start his role in September.

Cormac was previously a Director and Co-Founder of Alternative Finance at Liberum, the London based investment bank. During this time, he focused on the online lending sector and was involved in raising capital for several investment trusts. Cormac has over a decade of experience as a financial analyst, having previously worked at JPMorgan and ABN Amro.

Brendan Carroll, Senior Partner and Co-Founder of VPC, commented: "We are delighted to appoint Cormac. His expertise and thorough knowledge of the alternative finance industry will be a great asset to VPC."

Cormac Leech, Principal, commented: "I am delighted to be joining the team. VPC has already established itself as a leader within alternative finance and I look forward to assisting the company here in London in its future endeavours."

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

Victory Park Capital

Brendan Carroll (Senior Partner and Co-Founder)

 

 

via MHP Communications (below)

 

Jefferies International Limited

Tel: +44 20 7029 8000

Gary Gould

Alex Collins

 

Stifel Nicolas Europe Limited

Tel: +44 20 7710 7600

Neil Winward

Mark Bloomfield

Gaudi Le Roux

 

MHP Communications

Tel: +44 20 3128 8100

Tim Rowntree

Mark Lunn

Kelsey Traynor

 

Email: vpc@mhpc.com

 

 

About VPC Specialty Lending Investments PLC:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia and Europe) and credit bands.

 

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $4.5 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

 

Further information on VPC Specialty Lending Investments PLC is available at: http://vpcspecialtylending.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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