Nasdaq Welcomes Victory Capital Holdings, Inc. (Nasdaq: VCTR) to the Nasdaq Stock Market
February 08 2018 - 4:18PM
Victory Capital Holdings, Inc. (“Victory Capital”) (Nasdaq:VCTR),
an independent investment management firm with approximately $61.8
billion in assets under management as of December 31, 2017, visited
the Nasdaq MarketSite in Times Square today in celebration of its
initial public offering (IPO) on The Nasdaq Stock Market.
Victory Capital operates a next generation, integrated
multi-boutique model featuring a scalable operating platform that
provides centralized distribution, marketing and operations
infrastructure to its select group of specialized and largely
autonomous investment managers, which the company refers to as
"Franchises." Victory Capital also has a solutions platform
consisting of multi-Franchise and customized solutions that are
primarily rules-based. The firm offers its solutions platform
through a variety of vehicles, including separate accounts, mutual
funds and VictoryShares, which is its ETF brand.
“Today, as we celebrate this important milestone, I would like
to thank our investment professionals and our employees around the
world for their hard work on behalf of our clients. It is through
your passion, dedication and commitment that we stand here today,”
said David Brown, Chairman and Chief Executive Officer. “I
would also like to thank our clients for the confidence you have
placed in us. We will continue to work hard every day to earn your
trust.”
“Nasdaq welcomes Victory Capital to our family of leading
financial services companies as they continue to provide innovative
investment solutions and demonstrate a strong commitment to serving
their clients,” said Nelson Griggs, President, Nasdaq Stock
Exchange.
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security or an overall investment strategy. Information about the
company is provided by the company or comes from the company’s
public filings and is not independently verified by Nasdaq. Neither
Nasdaq nor any of its affiliates makes any recommendation to buy or
sell any security or any representation about the financial
condition of any company. Statements regarding Nasdaq-listed
companies are not guarantees of future performance. Actual results
may differ materially from those expressed or implied. Past
performance is not indicative of future results. Investors should
undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY
ADVISED.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading
global provider of trading, clearing, exchange technology, listing,
information and public company services. Through its diverse
portfolio of solutions, Nasdaq enables customers to plan, optimize
and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating
today’s global capital markets. As the creator of the world’s first
electronic stock market, its technology powers more than 90
marketplaces in 50 countries, and 1 in 10 of the world’s securities
transactions. Nasdaq is home to approximately 3,900 total listings
with a market value of approximately $13 trillion. To learn more,
visit: http://business.nasdaq.com
Media Relations Contact:
- Emily Pan
- (646) 441-5120
- emily.pan@nasdaq.com
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A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/d726ded5-2f8e-4848-906a-b1420dcf3a50
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