Thursday, 31 July 2014
Last updated 6 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…