Victory Park Capital has named Jordan Allen, a 20-plus-year veteran of the hedge fund and private equity industries, as principal and chief operating officer. In this new position, Mr. Allen will oversee business operations at Victory Park.
“As our business continues to experience growth, so do the needs of our infrastructure and the scope and responsibilities of our management team,” said Richard Levy, managing partner. “Jordan will add an additional layer of depth by building upon the already strong foundation we have in place for our daily operations and identifying further efficiencies to support our growth.”
Victory Park Capital (VPC) invests from$10 million to $50 million per transaction in small cap public companies and middle market private companies that typically generate less than $150 million in revenue and less than $30 million of EBITDA. The firm focuses on complex situations and seeks to build long term sustainable value in its companies. VPC is based in Chicago and has offices in Boston and San Francisco (www.victoryparkcapital.com).
Before joining VPC, Mr. Allen served as co-head of North America, chief operating officer and chief financial officer of Man Investments USA. At Man, a $53 billion asset manager headquartered in London, he oversaw Man’s U.S. business, which comprises five investment management teams, hedge fund research, risk management and sales. Previously, Mr. Allen served as president and partner of HFR Asset Management from 2003 to 2009. He received a Juris Doctor degree from Northwestern University Law School and a Bachelor of Science degree in Accounting from the University of Illinois.
“Jordan has a proven track record and strong operating background that will bolster our growing organization. His experience in distressed and other credit-investing platforms complements our investment strategy and high-performing team of investment professionals,” said VPC partners Matthew Ray and Brendan Carroll.
© 2013 PEPD • Private Equity’s Leading News Magazine • 1-16-13