Janus Henderson has acquired a majority stake in global private credit manager Victory Park Capital, as the asset manager seeks to expand its private markets capabilities.
Janus Henderson said the deal will complement its existing securitised credit franchise and its capabilities in public asset-backed securitised markets.
Victory Park Capital is headquartered in Chicago and manages approximately $6bn assets.
It invests across sectors and asset classes, and structured financing and capital markets solutions through affiliate platform Triumph Capital Markets.
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Th firm was founded in 2007 by Richard Levy and Brendan Carroll.
Ali Dibadj (pictured), CEO of Janus Henderson, said: “As we continue to execute on our client-led strategic vision, we are pleased to expand Janus Henderson’s private credit capabilities further with Victory Park Capital. Asset-backed lending has emerged as a significant market opportunity within private credit, as clients increasingly look to diversify their private credit exposure beyond only direct lending.
“VPC’s investment capabilities in private credit and deep expertise in insurance align with the growing needs of our clients, further our strategic objective to diversify where we have the right, and amplify our existing strengths in securitised finance. We believe this acquisition will enable us to continue to deliver for our clients, employees, and shareholders.”
