Victory Park Capital promoted two investment professionals in its Chicago office.

Derek Ferguson was named principal. Ferguson will develop and maintain value creation initiatives and strategic alternatives for VPC’s investments. He will also manage the sourcing, analysis and execution of direct private debt and equity investments in the industrials, energy and natural resources and healthcare sectors for VPC. Ferguson will continue to serve as a member of the Board of Directors of VPC’s portfolio companies Enteris Biopharma and Surefire Industries Holdings.

Chad Peterson also was named principal. Peterson will develop and maintain value creation initiatives and strategic alternatives for VPC’s investments. He will also oversee the sourcing, analysis, execution and management of direct private debt and equity investments in the consumer, restaurant, gaming, lodging and leisure sectors for VPC. Peterson will continue to serve as a member the Board of Directors of VPC’s portfolio company VPC Pizza Operating.

“The expansion of our leadership team reflects our initiative to build a strong foundation and more structured platform,” said Richard Levy, co-founder and managing partner of VPC. “These individuals’ contributions to the team are invaluable and their new roles will impact the development of our firm significantly as we continue to position for growth.”