Deals
Janus Henderson to Buy Victory Park in Private Credit Push
- Transaction will help Janus expand in asset-based finance
- Victory Park’s focus includes consumer debt, music royalties
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Janus Henderson Group Plc has agreed to buy Victory Park Capital Advisors in a bid to expand in the fast-growing private credit market, particularly asset-based finance.
Victory Park, which has $6 billion of assets under management, will add to Janus Henderson’s $36 billion securitized asset business, which is currently based on liquid products, according to a statement reviewed by Bloomberg News. Through the transaction, the asset manager would get exposure to more esoteric private financings related to anything from consumer debt to music royalties.