VPC Specialty Lending Investments plc (VSL) Ordinary 1p

Sell:15.85pBuy:16.25pNo change

Prices delayed by at least 15 minutes
Sell:15.85p
Buy:16.25p
Change:No change
Prices delayed by at least 15 minutes
Sell:15.85p
Buy:16.25p
Change:No change
Prices delayed by at least 15 minutes

Trust Information

About this company

VPC Specialty Lending Investments PLC is a United Kingdom-based company, which provides asset-backed lending solutions to emerging and established businesses (portfolio companies) with the goal of building long-term, sustainable income generation. The Company focuses on providing capital to vital segments of the economy, which for regulatory and structural reasons are underserved by the traditional banking industry. Its segments include small business lending, working capital products, consumer finance and real estate. It offers owners of shares of the Company access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the developing technology-enabled lending sector. It offers a differentiated private lending approach by financing portfolio companies through asset-backed delayed-draw term loans, Asset Backed Lending, designed to limit downside risk. The Company’s investor manager is Victory Park Capital Advisors, LLC.

Objective

To conduct an orderly realisation of the assets of the Company, to be effected in a manner that seeks to achieve a balance between returning cash to Shareholders promptly and maximising value.

Costs

  • Ongoing charge0.20%
  • Annual management charge -
  • Performance feeYes

Fee structure

The management fee is payable is at the rate 1/12 of 1.0% per month of the NAV. If the NAV is reduced to less than GBP50 M the monthly management fee shall be subject to a minimum amount. The contract is terminable on 6 months notice.

Value Assessment

  • Value Assessment review date-
  • Value Assessment next review date-
  • Is Assessment of Value required under COLL?No
  • Outcome of COLL Assessment of Valuen/a
  • Outcome of PRIN Value Assessment or review-
  • Other review related to value and or chargesOther local requirements or procedures
  • Further information-
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Key facts

  • Currency
    GBX
  • Benchmark
    FTSE All-Share TR
  • Shares in issue
    382.62m
  • Gross gearing
    0.00%
  • EPIC
    VSL
  • ISIN
    GB00BVG6X439
  • Domicile
    United Kingdom
  • Exchange
    London Stock Exchange (LON)
  • Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.