VPC Impact Acquisition Holdings III, Inc.

VPC Impact Acquisition Holdings III, Inc. is a special purpose acquisition company intended to pursue a business combination with a high-growth business in the Fintech industry headquartered or with operations in the United States.

On January 5, 2022, the business combination closed between VPC Impact Acquisition Holdings III, Inc. and Dave Inc., a banking app on a mission to build products that level the financial playing field. Dave helps its more than 11 million customers budget, avoid overdraft fees, find work and build credit. On January 6, 2022, the combined company began trading under NASDAQ:DAVE.

Press Release: Dave and VPC Impact Acquisition Holdings III, Inc. Announce Closing of Business Combination 

Brendan Carroll

Co-Chief Executive Officer

Brendan Carroll is a Senior Partner at VPC, which he co-founded in 2007. He is responsible for strategic initiatives and Firm operations in addition to sourcing, evaluating, and executing investment opportunities. Mr. Carroll also oversees marketing, fundraising, business development and investor relations for the Firm. He is a member of the Firm’s Investment Committee and Valuation Committee.

Previously, as a member of the Solutions Group at Magnetar Capital, Mr. Carroll specialized in direct financings to lower middle market companies. He has held various investment banking positions at William Blair and Robertson Stephens, specializing in corporate finance and mergers and acquisitions. Mr. Carroll has also worked in various capacities for former U.S. Senator Joseph Lieberman (I- CT).

Mr. Carroll received a B.A. with honors in government from Georgetown University and an MBA from Harvard Business School.

Gordon Watson

Co-Chief Executive Officer

Gordon Watson is Co-Chief Executive Officer of VPC Impact Acquisition Holdings III, Inc. He joined VPC in 2014 and is currently a Partner. Gordon is a member of VPC’s investment committee and helps lead the Fintech investing team. Gordon is the Investment Manager for VPC Specialty Lending Investments PLC (LSE: VSL), a VPC-managed, UK publicly listed investment trust focused on opportunities in the Fintech market. Gordon is also the president and chief operating officer of VPC Impact Acquisition Holdings and serves on its board of directors.

Previously, Gordon was a portfolio manager focused on distressed debt at GLG Partners, a London-based, $31 billion multi-strategy hedge fund that concentrates on a diverse range of alternative investments. He joined GLG when it purchased Ore Hill Partners, a credit focused hedge fund where Gordon was a partner.

Carly Altieri

Chief Financial Officer

Carly Altieri is Chief Financial Officer of VPC Impact Acquisition Holdings III, Inc. She joined VPC in 2018 and currently is a Fund Controller. Carly oversees VPC’s fund accounting team in the execution of accounting, finance, tax, audit, reporting and treasury related activities for the VPC funds. Ms. Altieri joined VPC from Northern Trust Hedge Fund Services, where she was a Vice President responsible for the fund accounting team supporting hedge fund clients.

Prior to Northern Trust, she was an officer at JPMorgan Chase, where she worked in Private Equity and Real Estate Services. Ms. Altieri started her career in audit at KPMG LLP, specializing in the financial services industry. Ms. Altieri received a B.S. in accountancy and finance from Marquette University. She is a Certified Public Accountant (inactive).

John Martin

Chairman of the Board

John Martin is the chairman of the board of directors of VPC Impact Acquisition Holdings III, Inc. Mr. Martin maintains over thirty years of investment experience and is a Senior Partner at VPC. Martin served as managing partner and co-CEO of Antares Capital, LP, a private debt credit manager, until May 2019. He was a founding partner of the original Antares Capital in 1996, a startup business that provided acquisition financing capital to the portfolio companies of private equity firms across North America.

Over the course of nine years, Antares grew to become one of the largest providers of acquisition capital to private equity sponsors in the middle market. Following the firm’s acquisition by GE Capital in 2005, Martin became President and CEO of the newly branded GE Antares Capital and helped to direct the strategic vision of the business. In addition, he presided over numerous acquisitions and divestitures, including the sale of the firm to The Canada Pension Plan Investment Board (“CPPIB”) for $12 billion in August 2015. Subsequently, Antares went on to raise more than $6.5 billion in the CLO market from a global investor base comprised of banks, pension funds, insurance companies and asset managers.

Mr. Martin is currently the chairman and chief executive officer of VPC Impact Acquisition Holdings, and serves on the board of directors of VPC Impact Acquisition Holdings. Following the acquisition by CPPIB, Martin sat on the Antares Investment Committee throughout his tenure at the company and was a member of the board of directors. At the time of his retirement, the firm’s assets under management totaled more than $24 billion.

Janet Kloppenburg

Independent Director

Janet Kloppenburg is an independent director of VPC Impact Acquisition Holdings III, Inc. Ms. Kloppenburg has served since 2002 as President of JJK Research Associates, a consulting and advisory services firm that provides strategic analysis focused on scaling omnichannel operations and delivering profitability across all channels.

From 1987 to 2002, Ms. Kloppenburg was a Managing Director at Robertson, Stephens & Co., where she created and managed the firm’s consumer practice as a member of the Executive Committee and managed the company’s NYC headquarters. There Ms. Kloppenburg was instrumental in taking numerous companies public, including Ann Taylor, Men’s Wearhouse, Michaels Stores and Restoration Hardware. Ms. Kloppenburg’s areas of expertise include omnichannel strategy, consumer trend analysis, and ecommerce and social media marketing, among others.

Ms. Kloppenburg currently serves on the Board of Directors of Show Me Your Mumu, Inc., White + Warren, Inc. and the Artist Association of Nantucket. Ms. Kloppenburg received an M.B.A. from Boston University and a B.S. in Business from the University of Vermont.

Peter Offenhauser

Independent Director

Peter Offenhauser is an independent director of VPC Impact Acquisition Holdings III, Inc. Mr. Offenhauser is a partner at Northern Pacific Group. Prior to joining Northern Pacific Group, Mr. Offenhauser was a principal at Stone Arch Capital. Prior to Stone Arch, Mr. Offenhauser spent four years as a senior associate with Churchill Equity Partners. Mr. Offenhauser also worked at Ferrer Freeman & Company, a Greenwich, CT-based growth equity investment firm focused on healthcare-related investments.

Mr. Offenhauser began his career as an Analyst at Goldsmith, Agio, Helms & Lynner (now Lazard) and earned a B.S. in Accounting and Economics, with honors, from the University of Minnesota, as well as an M.B.A., with honors, from Columbia University.

Kurt Summers, Jr

Independent Director

Kurt Summers is an independent director of VPC Impact Acquisition Holdings III, Inc. Mr. Summers has twenty years of experience in both private and public sector finance. Mr. Summers is currently a Senior Advisor at Bridgewater Associates, Blackstone and Ullico, where he provides insight and strategic direction around various investment opportunities and existing holdings, and a member of the Board of Directors of VPC Impact Acquisition Holdings.

From 2014 to 2019, Mr. Summers served as Treasurer of the City of Chicago, where he managed the city’s more than $8 billion investment portfolio and served as a trustee or fiduciary of five local pension boards with nearly $25 billion under management. As Treasurer of Chicago, Mr. Summers and his team more than tripled the returns on the city’s portfolio, which now generates more than $100 million of incremental revenue to Chicago’s taxpayers, bondholders and other stakeholders each year.

From 2012 to 2014, Mr. Summers served as Senior Vice President at Grosvenor Capital Management where he helped lead the firm’s strategy and business development efforts and served as a member of the Office of the Chairman. From 2010 to 2012, Mr. Summers served as Chief of Staff to the Cook County Board President where he was the architect of a turnaround of the second largest county in the country. From 2009 to 2010, Mr. Summers served as Managing Director at Ryan Specialty Group, an international specialty insurance organization.

Mr. Summers began his career at McKinsey & Company, a preeminent global strategy-consulting firm, and also worked as an investment banker at Goldman Sachs. Mr. Summers received a BSBA in Finance and International Business with high honors from Washington University and an MBA from Harvard Business School.

Corporate Documents

To view and download our SEC filings, click here to connect to EDGAR.

Audit Committee Charter

Code of Ethics

Compensation Committee Charter

Nominating Corporate Governance Committee Charter

Contact Us

We look forward to hearing from you. For general inquiries, please contact ir@victoryparkcapital.com.

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