Monday, 26 January 2015
Last updated 5 min ago
Aug 8 2008 | 9:35am ET
Hedge fund seeder FRM Capital Advisors has made a $60 million investment in Victory Park Capital, a Chicago-based firm that provides asset backed funding to small-and-lower middle market companies.
Clive Peggram, CEO of London-based FRM Capital Advisors, said, “We believe it is a very good time in the credit cycle to pursue an asset based lending strategy.”
Victory Park was established in 2007.
FRM Capital Advisors, a division of Financial Risk Management, is a global fund of hedge funds managing over $15 billion for institutional and other investors.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…