Victory Park Capital (VPC), a global alternative investment firm specializing in private credit, launched Triumph Capital Markets, an affiliate of VPC focused on structured financing and capital markets solutions.
Triumph will be led by experienced asset-backed securitization and capital markets executives, Kevin Gibbons and Jim Dowd. Gibbons and Dowd were previously managing directors in the asset-backed securities banking group at Amherst Pierpont Securities before joining Santander U.S. Capital Markets in April 2022 following its acquisition of Amherst Pierpont.
“Forming a standalone business in partnership with Jim and Kevin marks a strategic extension of VPC’s offerings,” Richard Levy, CEO, chief investment officer and founder of VPC, said. “The launch of Triumph coincides with increasing demand from investors seeking alternative asset classes that can deliver consistent returns in varying market conditions, and from companies that need access to structured financing solutions to accelerate their growth.”
“Kevin and Jim bring extensive experience in private credit and asset-backed securities, and we are pleased to have them lead Triumph,” Brendan Carroll, senior partner and co-founder of VPC, said. “VPC’s strategy is rooted in a clear understanding of evolving market trends and client needs, and our partnership with Kevin and Jim will enable mutually beneficial synergies across an expanded suite of investment opportunities.”
“It’s a tremendous opportunity to leverage our experience working at global institutions to lead a new independent platform with the backing of an established capital partner. I look forward to building Triumph into a world-class private capital markets solutions provider and partnering with Richard, Brendan, and the rest of the talented VPC team,” Gibbons said.
“I’m honored to join Triumph, and having the support of VPC will enable us to be nimble in our approach to assembling privately placed securitizations and sourcing investment opportunities. We share VPC’s client-centric focus and look forward to building a robust offering to help companies and investors navigate the private capital markets with ease,” Dowd said.
