Hi Greg
Part of this FUM growth is $USD500M from Apollo:
https://www.victoryparkcapital.com/news/2021/06/14/apollo-funds-commit-up-to-500m-to-victory-park-capitals-growth-lending-strategy/
This is a different strategy compared to the latest close. We can make the assumption there is at least $USD2.9B in FUM committed to various VPC Credit strategies.
On the question of when did this fund raising start, the best information I can find is that the Razor agreement was made with this fund. This deal was made in November 2021.
My assumption would be that the raising began 12 months ago, but we would need to confirm with PAC management.
Source/s: https://app.dealroom.co/transactions.rounds/f/investors/anyof_~victory_park_capital~/years/anyof_2022_2021
https://app.dealroom.co/investors/victory_park_capital
Best of Luck
Lost
Hi GregPart of this FUM growth is $USD500M from...
Add PAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.45 |
Change
0.110(1.06%) |
Mkt cap ! $538.9M | |||
| Open | High | Low | Value | Volume |
| $10.40 | $10.50 | $10.39 | $569.0K | 54.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $10.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.59 | 150 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$10.43 |
Change
0.110 ( 0.90 %) |
||||
| Open | High | Low | Volume | ||
| $10.40 | $10.50 | $10.39 | 6104 | ||
| Last updated 15.58pm 31/05/2024 ? | |||||
| PAC (ASX) Chart |