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VSL reports record NAV return in May

Victory Park Specialty Lending Investments plc (VSL), a company that invests in opportunities within the financial services market primarily through balance sheet or marketplace lending models, has reported a record NAV return of 1.03 per cent for May.

The company’s previous best was 0.95 per cent in April.
Gross revenue return was 1.08 per cent and total net revenue return was 0.94 per cent.
VSL, whose investment manager is Victory Park Capital Investment Advisors (VPC), says the positive capital return was largely driven by a significant valuation increase in a minority equity decision, which resulted from a Series B investment in to one of the funds emerging market portfolio companies in Latin America.
Capital returns for the month were 0.09 per cent, consistent with the previous month’s return. The Company also declared a dividend of 2.00p for the three month period ending 31 March 2018, which will be the long term dividend target for the Company.

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