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From the Opalesque team: US-based Victory Park Capital (VPC) and London-based FRM Capital Advisors (FCA), a division of Financial Risk Management (FRM), announced a strategic relationship which will accelerate VPC’s growth through an FCA investment. The investment will add to VPC’s already significant assets under management and allow VPC to increase the capital it has available to provide financing in the current “credit crunch”.
Richard Levy, Managing Principal of VPC, stated, “We are incredibly excited about our relationship with FCA and we are gratified that FCA has concluded that our team and strategy warrant such a significant investment.”
Clive Peggram, CEO of FRM Capital Advisors Ltd., stated, “We are delighted to have the opportunity to partner with such an experienced team. We believe it is a very good time in the credit cycle to pursue an asset based lending strategy.”
Blaine Tomlinson, Founder and Group Chairman of FRM, stated, “We’re very pleased to form a relationship with VPC. As an established and experienced team, they are in an excellent position to capitalize on the attractive financing opportunities available to those who have capital to deploy.”
Patric de Gentile-Williams, one of FRM Capital Advisors’ directors, told Opalesque that FRM is in effect a strategic investors and one of Victoria Park’s largest clients. FRM runs a specific business in ...................... To view our full article Click here
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