Victory Park Capital Announces Launch of Triumph Capital Markets
Jun 21, 2023
Kevin Gibbons and Jim Dowd to Lead New Structured Financing and Capital Markets Solutions Platform
CHICAGO – June 21, 2023 – Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit, today announced the launch of Triumph Capital Markets (“Triumph”), an affiliate of VPC focused on structured financing and capital markets solutions.
Triumph will be led by experienced asset-backed securitization and capital markets executives, Kevin Gibbons and Jim Dowd. Gibbons and Dowd were previously managing directors in the asset-backed securities banking group at Amherst Pierpont Securities LLC before joining Santander US Capital Markets LLC in April 2022 following its acquisition of Amherst Pierpont.
“Forming a standalone business in partnership with Jim and Kevin marks a strategic extension of VPC’s offerings,” said Richard Levy, VPC’s Chief Executive Officer, Chief Investment Officer and Founder. “The launch of Triumph coincides with increasing demand from investors seeking alternative asset classes that can deliver consistent returns in varying market conditions, and from companies that need access to structured financing solutions to accelerate their growth.”
“Kevin and Jim bring extensive experience in private credit and asset-backed securities, and we are pleased to have them lead Triumph,” said Brendan Carroll, Senior Partner and Co-Founder of VPC. “VPC’s strategy is rooted in a clear understanding of evolving market trends and client needs, and our partnership with Kevin and Jim will enable mutually beneficial synergies across an expanded suite of investment opportunities.”
“It’s a tremendous opportunity to leverage our experience working at global institutions to lead a new independent platform with the backing of an established capital partner. I look forward to building Triumph into a world-class private capital markets solutions provider and partnering with Richard, Brendan, and the rest of the talented VPC team,” said Gibbons.
“I’m honored to join Triumph, and having the support of VPC will enable us to be nimble in our approach to assembling privately placed securitizations and sourcing investment opportunities. We share VPC’s client-centric focus and look forward to building a robust offering to help companies and investors navigate the private capital markets with ease,” added Dowd.
For over two decades, Kevin Gibbons has advised, raised capital for and invested debt capital in specialty finance companies across a wide range of consumer, commercial, esoteric and real estate asset classes. Prior to joining Triumph, Gibbons led Amherst Pierpont’s ABS banking group, working closely with Jim Dowd on asset-backed and SFR financings. Gibbons has held several other leadership positions within the structured credit space, including head of Capital One’s lender finance group, head of originations for BMO Capital Markets’ US Securitization Group and co-head of investment banking for Amherst Securities Group. Gibbons received his M.B.A. in Finance and Economics from The University of Chicago Graduate School of Business and his B.A. in Finance from Marquette University. He is also a Chartered Financial Analyst.
Jim Dowd spent over a decade at Amherst Pierpont before the Santander acquisition, serving as a managing director of asset-backed securities banking. At Amherst Pierpont, Dowd focused on the origination and structuring of asset-backed securities for specialty finance and specialty real estate companies. Earlier in his career, he worked for BMO Capital Markets, where he originated and structured transactions involving assets in commercial real estate loans and properties, among other esoteric asset types. Prior to that, Dowd was a member of the asset-backed and mortgage-backed securities group at Deloitte. He received his M.B.A. in Economics and Entrepreneurial Science from The University of Chicago Booth School of Business and his B.A. in Finance and History from the University of Notre Dame.
About Victory Park Capital
Victory Park Capital Advisors, LLC is an SEC-registered, established credit manager. The Firm was founded in 2007 and is headquartered in Chicago, Illinois, with additional resources in New York, Los Angeles, San Francisco and London. VPC provides custom financing solutions across the private capital spectrum, focusing on companies with strong corporate governance and a compelling growth trajectory. VPC invests in emerging and established businesses across various industries worldwide. For more information, please visit www.victoryparkcapital.com.
Jordan Niezelski, Edelman Smithfield