Victory Capital Names David Alt Director of Responsible Investing
May 18 2020 - 4:00PM
Business Wire
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today announced David Alt, CFA, has joined the
firm as Director of Responsible Investing. He will be based in
Cleveland, Ohio, and report to Kelly Cliff, President, Investment
Franchises.
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David Alt, CFA (Photo: Business Wire)
In this newly created role, Mr. Alt will support integration and
reporting of environmental, social, and governance (ESG) metrics
across Victory Capital’s investment products. In collaboration with
the investment teams, he will advance existing ESG practices and
refine the use of ESG data in investment processes. As chair of the
Company’s proxy voting committee, he will also engage with
management teams at portfolio companies on ESG-related issues.
“Dave brings a wealth of experience in responsible investing and
ESG stewardship to Victory Capital,” said David Brown, Chairman and
CEO. “Driving positive environmental and societal impacts is
compatible with maximizing risk-adjusted investment performance.
Responsible investing and ESG-risk mitigation have always been
essential components of active management due diligence and
managing these factors in an organized framework is critical for
long-term success.”
Alt will also join Victory Capital’s Diversity, Inclusion,
Cohesion, and Engagement Committee and oversee the Company’s
corporate social responsibility (CSR) initiatives. Most recently,
he served as Senior Vice President, Head of Responsible Investing,
at PNC Financial Services Group. He is a CFA Charterholder and
earned M.A. and B.B.A. degrees in Economics from Kent State
University.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $131.8 billion in assets under management as of April 30,
2020. 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 nine autonomous Investment Franchises and a
Solutions Platform, Victory Capital offers a wide array of
investment styles and investment vehicles including, actively
managed mutual funds, separately managed accounts, rules-based and
active ETFs, multi-asset class strategies, custom-designed
solutions and a 529 College Savings Plan.
For more information, please visit www.vcm.com or follow us.
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version on businesswire.com: https://www.businesswire.com/news/home/20200518005705/en/
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
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