VPC Specialty Lending Investments Plc · LSE:VSL
VPC Specialty Lending Investments — Investor Presentation (April 2021)
17 slides from VPC Specialty Lending Investments's investor presentation, April 2021
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: VPC Specialty Lending Investments PLC overview and NAV return
Confidential | Not For Distribution 3 VPC Specialty Lending Investments PLC VPC Specialty Lending Investments PLC (“VSL” or “Company”) is an established lender to growing businesses with a proven track record of earning consistently high returns for investors while protecting downside risk via credi
Slide 4: Award-winning UK listed investment trust focused on secured lending
Confidential | Not For Distribution 4 VPC Specialty Lending Investments PLC VPC Specialty Lending Investments PLC is an award-winning UK listed investment trust focused on secured lending to emerging and established businesses with the goal of building long-term, sustainable income generation ▪ The
Slide 5: Investment Focus
Confidential | Not For Distribution 5 Investment Focus An asset intensive, income focused, short duration private credit investment 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 industry
Slide 6: Structured credit investing to protect downside while providing returns
Confidential | Not For Distribution 6 VPC Specialty Lending Investments PLC VSL focuses on structured credit investing with an aim to protect downside volatility while providing attractive returns to investors ▪ Focuses on secured lending with significant structural protection to minimise performanc
Slide 7: Structuring Approach: Overcollateralisation
Confidential | Not For Distribution 7 Structuring Approach VSL focuses on lending against liquidation value of collateral and structures investments 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 Investment Manager has a strong culture of active risk management ▪ Senior level leadership and oversight of ▪ Rigorous portfolio and asset level stress risk management testing ▪ Dedicated risk and operations EMBEDDED RISK
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 Company has returned 41.26% as at 31 March 2021 on its Ordinary Shares and has declared dividends of 25.80p on its Ordinary Shares Composition of the Company’s Return since January 2018 (As at 31 March 20
Slide 12: Debt Investments
Confidential | Not For Distribution 12 Debt Investments As at 31 March 2021, the Company has debt investments in 26 portfolio companies which comprise 76% of the Company’s NAV Top Ten Investments as at 31 March 2021 Debt Investment Exposure by Geography (As at 31 March 2021) Investment Country % of
Slide 13: Equity Investments
Confidential | Not For Distribution 13 Equity Investments As at 31 March 2021, the Company has equity investments in 35 portfolio companies - these common and preferred stock, warrant and convertible note investments are valued at fair market value Top Five Investments as at 31 March 2021 Equity Inv
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 279,926,392 Ordinary Shar
Slide 16: Board of Directors
Confidential | Not For Distribution 16 VPC Specialty Lending Investments PLC Board of Directors The Company’s Board of Directors consists of the following non-executive independent directors listed below Clive Peggram (Chairman of the Audit and Kevin Ingram (Chairman) Graeme Proudfoot Valuation Comm
Slide 17: Senior Leadership
Confidential | Not For Distribution 17 Senior Leadership VPC’s senior leadership averages over 20 years of relevant industry experience strengthened by a differentiated set of complementary skills and expertise Richard Levy Brendan Carroll Jeffrey Schneider John Martin Olibia Stamatoglou CEO and Fou
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