Former Sen. Lieberman joins private equity firm

Former Sen. Joe Lieberman (I-Conn.) has joined private equity firm Victory Park Capital as chairman of its executive board.

Lieberman retired from Congress a year ago after serving 24 years in the Senate.

"While in the U.S. Senate, I fought for policies that would allow small businesses to thrive," Lieberman said in a statement Thursday. "I look forward to a long-term partnership with Victory Park Capital that will position the firm for continued growth.”

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The firm, which is based in Chicago, said Lieberman’s “political and regulatory expertise offer unique perspective and value-add to [the] firm’s existing and prospective client base.” 

Victory Park says it provides private debt and equity financing to middle-market companies. 

"I am honored to welcome Sen. Lieberman," said Brendan Carroll, partner and co-founder. "His wealth of experience will bring tremendous value and his appointment serves as a testament to the growth of our firm."

Carroll worked for Lieberman as a special assistant in his Senate office from the mid-1990s to the early 2000s, according to his LinkedIn profile. 

Lieberman also serves as senior counsel at the law firm Kasowitz, Benson Torres & Friedman and as co-chairman of the American Enterprise Institute’s Internationalism Project.