Victory Park seeks $500m in latest fundraise

The alternative lender’s second senior debt fund is targeting double the haul of its predecessor, VPC Specialty Finance Fund I.

Victory Park Capital has launched a second incarnation of its senior debt fund, in which it doubled its target from the original investment vehicle.

The Chicago-based mid-market lender disclosed in a US Securities and Exchange Commission filing on 21 November it had launched VPC Specialty Finance Fund II, which carries a $500 million target.

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