Janus Henderson broadens its private credit offerings across Europe, the Middle East and Africa by introducing two specialised Victory Park Capital strategies, reflecting increased investor interest in resilient, alternative income sources.
Janus Henderson is widening its private credit franchise across Europe, the Middle East and Africa by opening two specialist Victory Park Capital strategies to regional clients, in another step in its push into alternative income as investors look for returns less tied to public markets.
The asset manager agreed to buy the Chicago-based private credit firm in 2024 and completed the acquisition in October that year. Bloomberg reported at the time that the deal was designed to deepen Janus Henderson’s foothold in asset-based finance and broaden its exposure to more specialised forms of private lending.
The two offerings now being made available in EMEA are Victory Park’s Asset-Backed Opportunistic Credit Strategy and its Legal Credit Strategy. The first targets senior secured loans backed by short-duration collateral, with exposure to areas such as receivables financing, hard assets and intellectual property. The second focuses on lending secured against legal receivables, with insurance cover and other credit protections built into the structure.
Brendan Carroll, co-founder and senior partner at Victory Park Capital, said asset-backed finance can offer structural protections and shorter duration characteristics at a time when markets are still dealing with elevated rates and uncertainty. He added that legal receivables represent a large and established market whose returns are not closely tied to broader economic cycles.
Ignacio De La Maza, who heads Janus Henderson’s EMEA and Latin America client group, said demand for private markets continues to rise as institutions search for more resilient income and differentiated exposures. He said the firm is responding to client appetite for more specialised private credit solutions by giving them access to Victory Park’s expertise in asset-backed and legal credit.
Victory Park, founded in 2007, says it has invested more than $11.6bn across more than 240 transactions in areas including receivables finance, hard assets and intellectual assets.
Janus Henderson’s move comes as private credit remains one of the most closely watched corners of asset management, though recent headlines have also shown that even supposedly conservative asset-backed structures can incur losses. Bloomberg reported in January that Apollo Global Management took a loss on part of an asset-backed financing linked to Amazon brand aggregator Perch, a transaction connected to Victory Park-managed credit facilities.
- https://www.financialstandard.com.au/news/janus-henderson-expands-private-credit-offering-179812646 – Please view link – unable to able to access data
- https://www.bloomberg.com/news/articles/2024-08-12/janus-henderson-to-buy-victory-park-in-private-credit-expansion – In August 2024, Janus Henderson Group Plc announced its agreement to acquire Victory Park Capital Advisors, aiming to enhance its presence in the private credit market, particularly in asset-based finance. This acquisition was expected to add to Janus Henderson’s $36 billion securitized asset business, introducing exposure to more esoteric private financings, including consumer debt and music royalties. The deal was part of Janus Henderson’s strategy to expand its capabilities in the rapidly growing private credit sector.
- https://www.bloomberg.com/news/articles/2026-01-26/apollo-took-loss-on-asset-backed-loan-deemed-protected – In January 2026, Apollo Global Management Inc. reported a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch. This loss was considered rare for a strategy that was previously touted as one of private credit’s safest and most promising. The financing was part of a larger commitment made by Apollo and its insurance arm, Athene, to credit facilities managed by Victory Park Capital, a firm now owned by Janus Henderson Group Plc.
- https://www.bloomberg.com/news/articles/2026-03-17/janus-2-billion-leveraged-loan-sale-joins-lbo-wave – In March 2026, JPMorgan Chase & Co. led a $2 billion debt sale to finance the purchase of Janus Henderson Group Plc by Nelson Peltz’s Trian Fund Management and General Catalyst. This move was part of a broader trend of leveraged buyouts (LBOs) in the private credit market, highlighting the growing interest in private credit as an alternative investment strategy. The debt sale was aimed at funding the acquisition of Janus Henderson, which was involved in a competitive bidding process at the time.
- https://www.bloomberg.com/news/articles/2026-03-24/victory-capital-pulls-janus-henderson-offer-ending-bidding-war – In March 2026, Victory Capital Holdings withdrew its nearly $9 billion proposal to acquire Janus Henderson Group Plc, effectively ending a brief but intense bidding war. This decision followed a series of competing offers, including one from Nelson Peltz’s Trian Fund Management and General Catalyst, which had raised their offer to $52 a share. The withdrawal marked the conclusion of a competitive acquisition process for Janus Henderson.
- https://www.bloomberg.com/news/articles/2026-02-26/nelson-peltz-gets-a-near-9-billion-reality-check-on-janus-henderson – In February 2026, Nelson Peltz’s Trian Fund Management and General Catalyst raised their offer for Janus Henderson Group Plc to $52 a share in cash, aiming to fend off a rival bid from Victory Capital Holdings. Janus Henderson’s board backed the revised deal and urged shareholders to approve it at an April 16 meeting. The new offer was $3 higher than the duo’s earlier bid, reflecting the competitive nature of the acquisition process.
- https://www.bloomberg.com/news/articles/2026-01-23/trian-backed-janus-henderson-buys-richard-bernstein-advisors – In January 2026, Janus Henderson Group Plc, backed by Nelson Peltz’s Trian Fund Management and General Catalyst, announced the acquisition of Richard Bernstein Advisors, an investment firm known for its bearish views ahead of the global financial crisis. The terms of the deal were not disclosed, but the acquisition was part of Janus Henderson’s strategy to expand its investment capabilities and diversify its portfolio.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
6
Notes:
The article reports on Janus Henderson’s expansion of its private credit offering by introducing two specialist Victory Park Capital strategies to regional clients. This follows Janus Henderson’s acquisition of Victory Park Capital in October 2024. ([janushenderson.com](https://www.janushenderson.com/corporate/press-releases/janus-henderson-completes-victory-park-capital-acquisition/?utm_source=openai)) The Financial Standard article was published on May 22, 2026, indicating recent coverage. However, the content closely mirrors previous press releases from Janus Henderson and Victory Park Capital, suggesting a lack of new information. The earliest known publication date of similar content is October 2, 2024. ([victoryparkcapital.com](https://www.victoryparkcapital.com/news/2024/10/02/janus-henderson-completes-victory-park-capital-acquisition/?utm_source=openai)) The narrative appears to be based on a press release, which typically warrants a high freshness score. However, the recycling of older material raises concerns about originality.
Quotes check
Score:
5
Notes:
The article includes direct quotes from Brendan Carroll, co-founder and senior partner at Victory Park Capital, and Ignacio De La Maza, head of Janus Henderson’s EMEA and Latin America client group. These quotes are identical to those found in earlier press releases from Janus Henderson and Victory Park Capital. ([janushenderson.com](https://www.janushenderson.com/corporate/press-releases/janus-henderson-completes-victory-park-capital-acquisition/?utm_source=openai)) The earliest known usage of these quotes is October 2, 2024. The repetition of these quotes suggests potential reuse of content. No online matches were found for the quotes in the Financial Standard article, indicating they cannot be independently verified.
Source reliability
Score:
7
Notes:
The Financial Standard is a niche publication focusing on financial news in Australia. While it provides industry-specific coverage, its reach and influence are limited compared to major news organisations. The article appears to be summarising or rewriting content from Janus Henderson’s press releases, which are themselves summarising or rewriting content from Victory Park Capital’s press releases. This chain of derivative content raises concerns about the independence and originality of the information presented.
Plausibility check
Score:
6
Notes:
The article reports on Janus Henderson’s expansion of its private credit offering by introducing two specialist Victory Park Capital strategies to regional clients. This aligns with Janus Henderson’s acquisition of Victory Park Capital in October 2024. ([janushenderson.com](https://www.janushenderson.com/corporate/press-releases/janus-henderson-completes-victory-park-capital-acquisition/?utm_source=openai)) The claims made in the article are plausible and consistent with known facts. However, the lack of new information and the recycling of older material raise questions about the article’s originality and newsworthiness. The absence of supporting details from other reputable outlets further diminishes the article’s credibility.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The article closely mirrors previous press releases from Janus Henderson and Victory Park Capital, suggesting a lack of originality and new information. The reliance on corporate press releases without independent verification raises significant concerns about the article’s credibility and newsworthiness. The repetition of quotes and the absence of supporting details from other reputable outlets further diminish the article’s reliability.