EX-99.1
3
vctr-ex991_6.htm
EX-99.1
vctr-ex991_6.htm
Exhibit 99.1
News Release
Victory Capital Closes Acquisition of WestEnd Advisors
San Antonio, Texas, January 3, 2022 -
Victory Capital Holdings, Inc. (NASDAQ: VCTR) ("Victory Capital") today announced that it successfully closed the previously announced acquisition of WestEnd Advisors ("WestEnd") on December 31, 2021.
David Brown, Chairman and CEO of Victory Capital, said, "WestEnd represents our third acquisition that closed in 2021.
"We are looking forward to deepening WestEnd's penetration on existing platforms and introducing them to new financial intermediaries and platforms where we have long-standing relationships. We are excited to leverage the complementary capabilities of both organizations and maximize the opportunity ahead of us".
WestEnd will become Victory Capital's 12
th
Investment Franchise and represents a new dimension of growth and diversification. Founded in 2004, and headquartered in Charlotte, North Carolina, WestEnd provides financial advisors with turnkey, core model allocation strategies serving as holistic solutions and complementary sources of alpha. The firm offers four primary ETF strategies and one large cap core strategy, all in tax efficient Separately Managed Account (SMA) structures.
About Victory Capital
Victory Capital is a diversified global asset management firm with $160.5 billion in assets under management as of November 30, 2021. It was ranked ninth on
Fortune's
list of the 100 Fastest Growing Companies for 2021. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.
Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 12 autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment products, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, and a 529 Education Savings Plan.
For more information, please visit
www.vcm.com
or follow us:
Twitter
and
LinkedIn
Exhibit 99.1
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
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "believe", "expect", "aim", "intend", "may", "anticipate", "assume", "budget", "continue", "estimate", "future", "objective", "outlook", "plan", "potential", "predict", "project", "will", "can have", "likely", "should", "would", "could" and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond Victory Capital's control such as the COVID-19 pandemic and its effect on our business, operations and financial results going forward, as discussed in Victory Capital's filings with the SEC, that could cause Victory Capital's actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements.
©2021 Fortune Media IP Limited All rights reserved.
Fortune is a registered trademark of Fortune Media IP Limited and is used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Management, Inc.
Fortune's
annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2021.

EX - 99 . 1 3 vctr - ex991 _ 6 . htm EX - 99 . 1 vctr - ex991 _ 6 . htm Exhibit 99 . 1 News Release Victory Capital Closes Acquisition of WestEnd Advisors San Antonio , Texas , January 3 , 2022 - Victory Capital Holdings , Inc . ( NASDAQ : VCTR ) ( " Victory Capital " ) today announced that it successfully closed the previously announced acquisition of WestEnd Advisors ( " WestEnd " ) on December 31 , 2021 . David Brown , Chairman and CEO of Victory Capital , said , " WestEnd represents our third acquisition that closed in 2021 . " We are looking forward to deepening WestEnd 's penetration on existing platforms and introducing them to new financial intermediaries and platforms where we have long - standing relationships . We are excited to leverage the complementary capabilities of both organizations and maximize the opportunity ahead of us " . WestEnd will become Victory Capital 's 12 th Investment Franchise and represents a new dimension of growth and diversification . Founded in 2004 , and headquartered in Charlotte , North Carolina , WestEnd provides financial advisors with turnkey , core model allocation strategies serving as holistic solutions and complementary sources of alpha . The firm offers four primary ETF strategies and one large cap core strategy , all in tax efficient Separately Managed Account ( SMA ) structures . About Victory Capital Victory Capital is a diversified global asset management firm with $ 160.5 billion in assets under management as of November 30 , 2021 . It was ranked ninth on Fortune 's list of the 100 Fastest Growing Companies for 2021 . The Company operates a next - generation business model combining boutique investment qualities with the benefits of a fully integrated , centralized operating and distribution platform . Victory Capital provides specialized investment strategies to institutions , intermediaries , retirement platforms and individual investors . With 12 autonomous Investment Franchises and a Solutions Platform , Victory Capital offers a wide array of investment products , including mutual funds , ETFs , separately managed accounts , alternative investments , third - party ETF model strategies , collective investment trusts , private funds , and a 529 Education Savings Plan . For more information , please visit www.vcm.com or follow us : Twitter and LinkedIn Exhibit 99 . 1 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 FORWARD - LOOKING STATEMENTS This press release may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . These statements may include , without limitation , any statements preceded by , followed by or including words such as " target " , " believe " , " expect " , " aim " , " intend " , " may " , " anticipate " , " assume " , " budget " , " continue " , " estimate " , " future " , " objective " , " outlook " , " plan " , " potential " , " predict " , " project " , " will " , " can have " , " likely " , " should " , " would " , " could " and other words and terms of similar meaning or the negative thereof . Such forward - looking statements involve known and unknown risks , uncertainties and other important factors beyond Victory Capital 's control such as the COVID - 19 pandemic and its effect on our business , operations and financial results going forward , as discussed in Victory Capital 's filings with the SEC , that could cause Victory Capital 's actual results , performance or achievements to be materially different from the expected results , performance or achievements expressed or implied by such forward - looking statements . © 2021 Fortune Media IP Limited All rights reserved . Fortune is a registered trademark of Fortune Media IP Limited and is used under license . Fortune and Fortune Media IP Limited are not affiliated with , and do not endorse products or services of , Victory Capital Management , Inc . Fortune 's annual list ranks the top performing , publicly traded companies in revenues , profits and stock returns over the three - year period ended April 30 , 2021 .