Hi All
VPC set up an affiliate in 2023 to start offering services to structure loans, amongst other services, here is the press release at the time:
https://www.victoryparkcapital.com/news/2023/06/21/victory-park-capital-announces-launch-of-triumph-capital-markets/
Here is the first large deal it has arranged since launch:
https://www.victoryparkcapital.com/news/2024/07/10/triumph-capital-markets-advises-westgate-resorts-on-206-million-timeshare-loan-securitization/
Not 100% sure what this means from an earnings perspective, but any revenue from a business VPC has set up with retained earnings is good revenue.
Best of Luck
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