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
 
November 12, 2019
Date of Report (date of earliest event reported)


 
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 No.)

   
4900 Tiedeman Road, 4th Floor; Brooklyn, OH
 
44144
(Address of principal executive offices)
 
(Zip Code)

(216) 898‑2400
(Registrant’s telephone number, including area code)
 
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))
 
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A Common Stock, Par Value $0.01
VCTR
NASDAQ
 
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 November 12, 2019, Victory Capital Holdings, Inc., (the “Company”) issued a press release reporting certain information about the Company’s assets under management (“AUM”) as of October 31, 2019. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
 
Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit
    
 
Number
 
Description
 

-2-


SIGNATURE(S)
 
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.
     
     
Date: November 12, 2019
 
By:
/s/ MICHAEL D. POLICARPO
     
Name: Michael D. Policarpo
     
Title: President, Chief Financial Officer and Chief Administrative Officer

-3-
Exhibit 99.1

Victory Capital Reports October 31, 2019 Assets Under Management

SAN ANTONIO--(BUSINESS WIRE)--November 12, 2019--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $146.8 billion on October 31, 2019.

Victory Capital Holdings, Inc. and Subsidiaries

Assets Under Management1

(unaudited; in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

As of:

By Asset Class

October 31, 2019

 

September 30, 2019

Fixed Income

$

37,754

 

$

37,784

Solutions

 

30,187

 

 

29,579

U.S. Mid Cap Equity

 

25,378

 

 

25,479

U.S. Small Cap Equity

 

16,440

 

 

16,266

U.S. Large Cap Equity

 

13,532

 

 

13,488

Global / Non-U.S. Equity

 

11,880

 

 

11,532

Other

 

217

 

 

243

Total Long-Term Assets

$

135,388

 

$

134,371

Money Market Assets

 

11,451

 

 

11,460

Total Assets Under Management

$

146,839

 

$

145,832

 

 

 

 

 

 

 

 

 

 

 

 

By Vehicle

 

 

 

 

 

Mutual Funds2

$

114,927

 

$

114,071

Separate Accounts and Other Vehicles3

 

27,917

 

 

27,894

ETFs

 

3,994

 

 

3,867

Total Assets Under Management

$

146,839

 

$

145,832

 

 

 

 

 

 

 

 

 

 

 

 

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

2Includes institutional and retail share classes, money market and VIP funds.

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

About Victory Capital

Victory Capital is a global investment management firm operating a next-generation, integrated multi-boutique business model with $146.8 billion in assets under management as of October 31, 2019.


Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors, including USAA members through its direct member channel. Through its Investment Franchises and Solutions Platform, Victory Capital offers a diverse array of independent investment approaches and innovative investment vehicles designed to drive better investor outcomes. This includes actively managed mutual funds and separately managed accounts, rules-based and active ETFs, multi-asset class strategies, custom solutions and a 529 College Savings Plan.

For more information, please visit www.vcm.com or follow us on Twitter and LinkedIn.

USAA is a trademark of United Services Automobile Association and is being used by Victory Capital and its affiliates under license. Victory Capital and its affiliates are not affiliated with USAA or its affiliates.

Contacts

Investors:
Matthew Dennis, CFA
Chief of Staff
Director, Investor Relations
216-898-2412
mdennis@vcm.com

Media:
Tricia Ross
310-622-8226
tross@finprofiles.com