EX-99.1 2 a53553278ex99_1.htm EXHIBIT 99.1
Exhibit 99.1


Victory Capital Reports August 2023 Assets Under Management

SAN ANTONIO, Texas--(BUSINESS WIRE)--September 12, 2023--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $161.9 billion as of August 31, 2023, and average assets under management for August of $162.1 billion.

Victory Capital Holdings, Inc.

Assets Under Management1

(unaudited; in millions)

 

As of:

By Asset Class

August 31, 2023

 

July 31, 2023

Solutions

$

56,452

 

$

57,463

Fixed Income

 

25,862

 

 

26,169

U.S. Mid Cap Equity

 

29,789

 

 

31,036

U.S. Small Cap Equity

 

15,715

 

 

16,365

U.S. Large Cap Equity

 

12,198

 

 

12,441

Global / Non-U.S. Equity

 

15,438

 

 

15,988

Alternative Investments

 

3,217

 

 

3,233

Total Long-Term Assets

$

158,672

 

$

162,695

Money Market / Short Term Assets

 

3,191

 

 

3,177

Total Assets Under Management

$

161,863

 

$

165,872

 

 

 

 

 

 

By Vehicle

 

 

 

 

 

Mutual Funds2

$

105,780

 

$

108,506

Separate Accounts and Other Pooled Vehicles3

 

51,011

 

 

52,136

ETFs4

 

5,072

 

 

5,230

Total Assets Under Management

$

161,863

 

$

165,872

1Total AUM includes both discretionary and non-discretionary client assets. Due 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 wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles.

4Represents only ETF assets held by third parties. Excludes ETF assets held by other Victory Capital products.

About Victory Capital

Victory Capital is a diversified global asset management firm with $161.9 billion in assets under management as of August 31, 2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. The Company employs a next-generation business strategy that combines 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 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services.

Victory Capital is headquartered in San Antonio, Texas, with offices nationwide and investment professionals in the U.S. and abroad. To learn more please visit www.vcm.com or follow Victory Capital on Twitter and LinkedIn.

From Fortune. © 2022 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 Holdings, Inc.

The Fortune annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2022.

Contacts

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

Media:
Jessica Davila
Director of Global Communications
210-694-9693
Jessica_davila@vcm.com