Victory Park Capital Provides $100MM Credit Facility to Habi
Habi, a residential technology company in Spanish-speaking Latin America, entered into a $100 million credit facility with Victory Park Capital.
Habi, a residential technology company in Spanish-speaking Latin America, entered into a $100 million credit facility with Victory Park Capital.
Alloy Capital entered into a $100 million senior secured credit facility with Victory Park Capital. The facility will enable Alloy Capital to finance the origination of structured finance loans in Mexico.
Victory Park Capital, a global alternative investment firm specializing in private credit, provided a $100 million credit facility to Nelo, a consumer payments platform for online purchases in Mexico. The funding from VPC will enable Nelo to execute its plans for continued expansion.
Victory Park Capital closed its latest fundraise for its asset-backed opportunistic credit strategy. The fund is oversubscribed at $2.4 billion of committed and investable capital, including separately managed accounts investing alongside the fund.
Victory Park Capital added Chad Clamage as principal and Ahmed Eltamami as vice president for the firm’s investment team. Clamage and Eltamami are primarily responsible for sourcing, analyzing, executing and managing investments within legal finance.
Victory Park Capital provided a $100 million credit facility to Juvo+, a private label product developer in e-commerce. Juvo+ will use the funding to launch new products and fund strategic expansion as it continues to scale its footprint across multiple e-commerce channels.
Tala, a global technology company building accessible financial services, received $40 million in debt financing from Victory Park Capital, a global alternative investment firm. This financing follows the recent close of Tala’s Series E funding round.
Apollo Global Management and its entities, clients and funds managed by its affiliates committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital, a global investment firm with a track record in asset-backed credit origination.
The banking app Dave and VPC Impact Acquisition Holdings, a special purpose acquisition company sponsored by Victory Park Capital, entered into a business combination agreement that will result in Dave becoming a publicly traded company with an expected equity value of approximately $4 billion.
Victory Park Capital closed a $200 million credit facility with Massachusetts Mutual Life Insurance Company to finance Victory Park Capital Specialty Lending Investment’s growth initiatives.