Private fund adviser · Chicago, IL
Victory Park Capital
Victory Park Capital Advisors, LLC · SEC-registered investment adviser · CRD 161079 · SEC 801-73676
At a glance
Victory Park Capital is an SEC-registered investment adviser based in Chicago, Illinois, with $3.6 billion in regulatory assets under management as of its Form ADV filed July 30, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 1,190th of 4,686 private fund advisers and 2,541st of 17,210 SEC-registered advisers by assets.
Main office 312-701-1777victoryparkcapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.6B
- Rank among private fund advisers
- #1,190 of 4,686
- Rank among all SEC RIAs
- #2,541 of 17,210
- Rank in Illinois
- #135 of 684
- Clients
- 42
- Accounts
- 42
- Discretionary
- 98% of AUM
- Employees
- 60
- Advisory staff
- 36
- Offices
- 1
Owners and executives on its Form ADV
- Richard N. LevyCEO, Managing Partner
- Brendan F. CarrollSenior Partner
- Jeffrey E. SchneiderChief Operating Officer
- Scott R. ZemnickGeneral Counsel
- Carly K. AltieriChief Financial Officer
- Thomas H. GazdziakChief Compliance Officer
Custody and brokerage
Custodian
Victory Park Capital’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Triumph Capital Markets, LLC.
- Triumph Capital Markets, LLC ↗CRD 327963
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 33 | $3.4B | 92% |
| Insurance companies | 4 | $215M | 6% |
| Corporations or other businesses | 5 | $79M | 2% |
Private funds
Victory Park Capital reports 26 private funds with $3.4B in gross assets: private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Victory Park Capital reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗victoryparkcapital.com ↗
AtlasMembers
The full record on Victory Park Capital
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,541 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Victory Park Capital manage?
Victory Park Capital reports $3.6 billion in regulatory assets under management across 42 accounts, 98% of it on a discretionary basis, on its Form ADV filed July 30, 2026.
What kind of firm is Victory Park Capital?
Victory Park Capital is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. A public reporting company controls it.
Who are Victory Park Capital’s clients?
By assets, its largest client types are pooled investment vehicles ($3.4 billion, 33 clients); insurance companies ($215 million, 4 clients); corporations or other businesses ($79 million, 5 clients).
Does Victory Park Capital manage private funds?
Yes. It reports 26 private funds with $3.4 billion in gross assets, including private equity funds, other private funds.
Does Victory Park Capital have any disciplinary history?
Victory Park Capital reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Victory Park Capital’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →