CLEVELAND, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Mannik S. Dhillon, President of VictoryShares and Solutions for Victory Capital (NASDAQ: VCTR) has been selected as a member of the 2018 Forty Under 40 Class by Crain’s Cleveland Business. This annual award pays tribute to the next generation of rising stars who have taken a leading role in Northern Ohio’s business community. Mr. Dhillon, who is 38, has been instrumental in the tremendous growth of Victory Capital’s ETF platform, VictoryShares, which had AUM of $3.3 billion as of September 30, 2018, up from $198 million when Victory Capital first introduced ETFs onto its platform in 2015.
Mr. Dhillon joined Victory Capital in 2015 to lead and oversee the firm’s ETF and Solutions business, which includes setting the strategy and initiating the development and implementation of Victory Capital’s strategic beta-based offerings. He is also responsible for product development for Victory Capital’s nine Investment Franchises.
“Mannik is an incredible asset to the Victory Capital team,” stated David Brown, Chairman and Chief Executive Officer of Victory Capital. “He is one of those people who not only leads by example but he’s also an influencer. You often see one of those traits, but you rarely see both. He’s like a baseball player who can hit, field and run. We congratulate Mannik on his well-deserved inclusion in Crain’s Cleveland Forty Under 40.”
Mr. Dhillon’s profile and the full 2018 Crain’s Cleveland Forty Under 40 list is available in the November 19, 2018 issue of Crain's Cleveland Business.
VictoryShares is a specialist ETF provider with a focus on rules-based solutions that seek to bridge the gap between the active and passive elements of an investor’s portfolio. The VictoryShares ETF platform includes single- and multi-factor strategies designed to seek a variety of outcomes, including diversification, dividend income, and downside mitigation. VictoryShares had $3.3 billion in AUM as of September 30, 2018. Visit www.victoryshares.com for more information.
About Victory Capital
Victory Capital is a global investment management firm operating a next-generation, integrated multi-boutique business model with $63.6 billion in assets under management as of September 30, 2018.
Victory Capital’s differentiated model is comprised of nine Investment Franchises, each with an independent culture and investment approach. Additionally, the Company offers a rules-based Solutions Platform, featuring the VictoryShares ETF brand, as well as custom and multi-asset class solutions. The Company’s Investment Franchises and Solutions Platform are supported by a centralized distribution, marketing and operational environment, in which our investment professionals can focus on the pursuit of investment excellence.
Victory Capital provides institutions, financial advisors and retirement platforms with a variety of asset classes and investment vehicles, including separately managed accounts, collective trusts, mutual funds, ETFs, UCITs and UMA/SMA vehicles.
For more information, please visit www.vcm.com.
Tricia Ross, 310-622-8226
Source: Victory Capital Holdings, Inc.