VPC Specialty Lending Investments Plc · LSE:VSL
VPC Specialty Lending Investments — Investor Presentation (June 2022)
18 slides from VPC Specialty Lending Investments's investor presentation, June 2022
Slide 1: VPC Specialty Lending Investments PLC
Confidential | Not For Distribution VPC Specialty Lending Investments PLC V P C S P E C I A LT Y L E N D I N G INVESTMENTS PLC
Slide 2: Legal Disclaimers and Cautionary Disclosure
Confidential | Not For Distribution 2 Legal Disclaimers and Cautionary Disclosure This is a confidential presentation (this "Presentation") relating to VPC Specialty Lending Investments PLC (the “Company“ or “VSL”). For the purposes herein, Victory Park Capital Advisors, LLC shall be referred to as
Slide 3: VSL Total NAV Return and Cumulative Dividends
Confidential | Not For Distribution 3 VSL Total NAV Return and Cumulative Dividends VP C Specialty Lending I nvestm ents P LC (“VSL” or “Com pany”) is an established lender to grow ing businesses w ith a proven track record of earning consistently high returns for investors w hile protecting dow nsi
Slide 4: Recent Awards and Ratings
Confidential | Not For Distribution 4 Recent Awards and Ratings VPC Specialty Lending I nvestm ents PLC is an aw ard-w inning UK listed investm ent trust focused on secured lending to em erging and established businesses w ith the goal of building long-term , sustainable incom e generation I nvestm
Slide 5: Investment Focus
Confidential | Not For Distribution 5 Investment Focus An asset intensive, incom e focused, short duration private credit investm ent strategy targeting a diverse pool of assets VSL focuses on providing capital to vital segments of the economy that are underserved by the traditional banking indust
Slide 6: Investment Process
Confidential | Not For Distribution 6 Investment Process VSL focuses on structured credit investing w ith an aim to protect dow nside volatility w hile providing attractive returns to investors Focuses on secured lending with significant structural protection to minimise performance volatility and
Slide 7: Overcollateralisation Structuring Approach
Confidential | Not For Distribution 7 Structuring Approach VSL focuses on lending against liquidation value of collateral and structures investm ents to be resilient to significant stress Investments are typically structured with significant overcollateralisation and credit enhancement to minimise
Slide 8: Risk Management | Multi-Factor Approach
Confidential | Not For Distribution 8 Risk Management | Multi-Factor Approach I nvestm ent M anager has a strong culture of active risk m anagem ent Senior level leadership and oversight of Rigorous portfolio and asset level stress risk management testing Dedicated risk and operations EMBEDDED
Slide 9: Proprietary Sourcing Advantage
Confidential | Not For Distribution 9 Proprietary Sourcing Advantage LEVERAGING THE VPC PLATFORM Long-standing reputation and relationships with portfolio company management teams, industry professionals and experts create a differentiated deal pipeline VSL CREDIT STRATEGY - SOURCING CHANNELS Re
Slide 10: Company Performance
Confidential | Not For Distribution Company Performance
Slide 11: Company Performance and Dividends
Confidential | Not For Distribution 11 Company Performance and Dividends Since January 2018, the Com pany has returned 60.22% (54.11p) as at 31 M arch 2022 on its Ordinary Shares and has declared dividends of 33.80p on its Ordinary Shares Composition of the Company’s Return since January 2018 (As at
Slide 12: Asset Backed Lending Investments
Confidential | Not For Distribution 12 Asset Backed Lending Investments As at 31 M arch 2022, the Com pany has asset back ed lending investm ents in 29 portfolio com panies w hich com prise 79% of the Com pany’s NAV Top Ten Investments as at 31 March 2022 Asset Backed Lending Investment Exposure by
Slide 13: Equity Investments
Confidential | Not For Distribution 13 Equity Investments As at 31 M arch 2022, the Com pany has equity investm ents in 39 portfolio com panies - these com m on and preferred stock and w arrant investm ents are valued at fair m ark et value Top Ten Investments as at 31 March 2022 Equity Investment E
Slide 14: Appendix
Confidential | Not For Distribution Appendix
Slide 15: Summary of Key Terms
Confidential | Not For Distribution 15 Summary of Key Terms Issuer VPC Specialty Lending Investments PLC (the “Company”) Structure UK Investment Trust. An excluded security for NMPI purposes Listing Premium Listing on Main Market of the London Stock Exchange Ordinary Shares 278,276,392 Ordinary Shar
Slide 16: VPC Specialty Lending Investments PLC Board of Directors
Confidential | Not For Distribution 16 VPC Specialty Lending Investments PLC Board of Directors The Com pany’s Board of Directors consists of the follow ing non-ex ecutive independent directors listed below Oliver Grundy (Chairman of the Audit Graeme Proudfoot (Chairman) and Valuation Committee) Mar
Slide 17: Investment Manager Overview
Confidential | Not For Distribution 17 Investment Manager Overview Established Credit Manager Founded prior to the global financial crisis in 2007 by Richard Levy and Brendan Carroll VPC has long-standing experience investing opportunistically amidst volatility and market complexities $6.9+ Bill
Slide 18: VPC Senior Leadership
Confidential | Not For Distribution 18 VPC Senior Leadership VPC’s senior leadership averages over 20 years of relevant industry ex perience strengthened by a differentiated set of com plem entary sk ills and ex pertise Richard Levy Brendan Carroll Jeffrey Schneider John Martin Olibia Stamatoglou CE
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