08:55 AM EDT, 08/12/2024 (MT Newswires) -- Janus Henderson Group ( JHG ) has agreed to buy Victory Park Capital Advisors in an attempt to expand in the private credit market, Bloomberg reported Monday.

Victory Park has $6 billion in assets under management and will add to Janus Henderson's ( JHG ) $36 billion securitized asset business currently based on liquid products, Bloomberg reported, citing a statement it reviewed.

The deal will allow Janus to gain exposure to more obscure private financings ranging from consumer debt to music royalties, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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