PAC 1.37% $10.80 pacific current group limited

Two of VPC Specialty Lending holdings and VPC debt lending customers are merging

  1. 2,917 Posts.
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    Hi All

    Here is good news on Victory Park Capital front. Victory Park own 20% of VPC Specialty Lending (a LIC listed on the UK market - VSL:LSE).

    Perch and Razr make up 10% of their holdings. This will enable VSL to liquidate holdings which they have agreed to complete over a two year period.

    This will expedite the liquidation and generate more performance fees into VPC earnings. Good outcome for PAC shareholders in the short term.

    Find link to news:
    https://au.finance.yahoo.com/news/razor-perch-merge-raise-100m-162702513.html
    Best of Luck
    Lost
 
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