AdvisorCensus / Financial advisors / Illinois / Chicago / Victory Park Capital
Victory Park Capital
Filed as VICTORY PARK CAPITAL · Legal name Victory Park Capital Advisors, LLC
Victory Park Capital is an SEC-registered investment advisory firm in Chicago, IL, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.
Quick answers
From the filingHow is Victory Park Capital compensated?
On its Form ADV (Item 5.E, October 2026), Victory Park Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Victory Park Capital located?
Victory Park Capital's principal office is in Chicago, IL, according to its Form ADV.
Is Victory Park Capital registered with the SEC or a state?
Victory Park Capital is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161079.
How much does Victory Park Capital manage?
Victory Park Capital reports $3,647,763,476 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (98% discretionary).
How have Victory Park Capital's assets and staff changed since 2021?
In the Form ADV data for Victory Park Capital: Regulatory assets under management: $3,141,166,001 in the October 2021 data and $3,647,763,476 in the October 2026 data, up 16%. Total employees: 43 in October 2021 and 60 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Victory Park Capital serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (33); corporations or other businesses not listed above (5); insurance companies (4).
Does Victory Park Capital report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161079
What changed in Victory Park Capital's recent Form ADV filings?
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated July 30, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$3,647,763,476 as of October 2026, filing dated July 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Victory Park Capital Advisors, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (14 years)
- Employees
- Total: 60. Performing investment advisory functions: 36.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $3,647,763,476 | 60 | July 30, 2026 |
| October 2025 | $4,468,072,477 | 60 | May 5, 2025 |
| October 2024 | $4,636,489,289 | 57 | March 29, 2024 |
| October 2023 | $4,724,237,954 | 51 | March 23, 2023 |
| October 2022 | $4,184,927,419 | 45 | March 29, 2022 |
| October 2021 | $3,141,166,001 | 43 | March 30, 2021 |
Regulatory assets under management: $3,141,166,001 in the October 2021 data and $3,647,763,476 in the October 2026 data, up 16%.
Total employees: 43 in October 2021 and 60 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- August 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $4,468,072,477 to $3,647,763,476 (-18%).
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Victory Park Capital (CRD 161079): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/victory-park-capital-chicago-il-161079