vctr_Current_Folio_8K_AUM

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8‑K


CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): April 9, 2019


Victory Capital Holdings, Inc.

(Exact name of registrant as specified in its charter)


Delaware

001‑38388

32‑0402956

(State or Other Jurisdiction

(Commission

(IRS Employer

of Incorporation)

File Number)

Identification Number)

 

 

 

 

 

 

4900 Tiedeman Road, 4th Floor; Brooklyn, OH

 

44144

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (216) 898‑2400

Not Applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)

☐    Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))

☐    Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§240.12b‑2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 


 

 

Item 8.01.  Other Events

On April 9, 2019, Victory Capital Holdings, Inc., (the “Company”) issued a press release reporting certain information about the Company’s assets under management as of March 31, 2019. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

Exhibits. The following exhibits are filed herewith:

 

 

 

Exhibit

    

 

Number

 

Description

99.1

 

Press release dated April 9, 2019

 

- 2 -


 

 

EXHIBIT INDEX

 

 

 

Exhibit

    

 

Number

 

Description

 

 

 

99.1

 

Press release dated April 9, 2019

 

 

- 3 -


 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

VICTORY CAPITAL HOLDINGS, INC.

    

 

 

 

 

 

 

 

Dated: April 9, 2019

 

By:

/s/ Michael D. Policarpo

 

 

 

Name: Michael D. Policarpo

 

 

 

Title: President, Chief Financial Officer and Chief Administrative Officer

 

- 4 -


vctr_Ex99_1

 

 

 

 

Picture 2

 

 

News Release

       

 

 

 

Victory Capital Reports First Quarter 2019 Assets Under Management

 

 

Cleveland, Ohio, April 9, 2019 ― Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $58.1 billion on March 31, 2019. This compares with $52.8 billion on December 31, 2018.

 

 

 

 

 

 

 

 

Victory Capital Holdings, Inc. and Subsidiaries

Assets Under Management1

(unaudited; in millions)

 

 

 

 

 

 

 

As of:

 

March 31, 2019

 

December 31, 2018

 

 

 

 

 

 

By Asset Class

 

 

 

 

 

U.S. Mid Cap Equity

$

22,169

 

$

20,019

U.S. Small Cap Equity

 

14,714

 

 

12,948

Fixed Income

 

6,973

 

 

6,836

U.S. Large Cap Equity

 

4,117

 

 

3,759

Global / Non-U.S. Equity

 

5,234

 

 

4,610

Solutions

 

3,996

 

 

3,767

Commodity

 

493

 

 

469

Other

 

425

 

 

355

Total Assets Under Management

$

58,119

 

$

52,763

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

By Vehicle

 

 

 

 

 

Mutual Funds2

$

33,786

 

$

30,492

ETFs

 

3,123

 

 

2,956

Separate Accounts and Other Vehicles3

 

21,210

 

 

19,315

Total Assets Under Management

$

58,119

 

$

52,763

 

 

 

 

 

 

 

 

 

 

 

 

1Due to rounding, numbers presented in this table may not add up precisely to the totals provided.

2Includes institutional and retail share classes and VIP funds.

3Includes collective trust funds, wrap program accounts and unified managed accounts.

 

 

AUM for Victory Funds, VictoryShares ETFs and most institutional separate account strategies may be found on www.vcm.com.


 

 

About Victory Capital

 

Victory Capital is a global investment management firm operating a next-generation, integrated multi-boutique business model with $58.1 billion in assets under management as of March 31, 2019.

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 the 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.  Go to www.victorysharesliterature.com for ETF prospectuses or www.victoryfundliterature.com for mutual fund prospectuses.

 

Contacts:

 

Investors:

Matthew Dennis, CFA

Director, Investor Relations

216-898-2412

mdennis@vcm.com 

 

Media:

Tricia Ross

310-622-8226

tross@finprofiles.com 

 

Victory Funds are distributed by Victory Capital Advisers, Inc. (VCA). VictoryShares ETFs are distributed by Foreside Fund Services, LLC. Victory Capital Management Inc. (VCM) is the adviser to VictoryShares ETFs and Victory Funds. VCM and VCA are affiliated. They are not affiliated with Foreside Fund Services, LLC.