Brendan Carroll of Victory Park Capital
Description
In the early days of the online lending space, when it came to institutional capital, one name seemed to be in more deals than any other: Victory Park Capital. And while the industry has matured a great deal since then, in no small part thanks to the capital invested by Victory Park, their thesis remains the same: lend money where banks won't.
My next guest on the Fintech One-on-One podcast is Brendan Carroll, Co-Founder and Senior Partner of Victory Park. I am so pleased to finally get Brendan on the show after first inviting him many years ago. They have a great story to tell and they continue to fuel the growth of private credit, providing capital to a wide variety of different lenders.
In this podcast you will learn:
- The founding story of Victory Park Capital.
- Their fortunate timing of the closing of their first institutional fund.
- What they saw as the opportunity in the early days of the online lending space.
- Why they pulled out of the peer-to-peer lending platforms fairly quickly.
- How they are able to get comfortable investing with new lending platforms.
- What types of lenders they are working with today and the regions they operate.
- Why businesses are staying with Victory Park a bit longer today.
- Why their check sizes are higher today than five years ago.
- The niche of consumer finance they are most bullish on today.
- How the equity funding pullback has impacted their business.
- How lenders can set themselves for success and get a deal with Victory Park done.
- Brendan's views on the future of asset-back private credit.
Connect with Brendan on LinkedIn
Connect with Victory Park Capital on LinkedIn
Connect with Fintech One-on-One:
- Tweet me @PeterRenton
- Connect with me on LinkedIn
- Find previous Fintech One-on-One episodes
United States
