Victory Capital Initial Public Offering

March 21, 2018

On February 7, 2018, Victory Capital announced the pricing of its initial public offering of shares that began trading on February 8, 2018.

Victory Capital Holdings, Inc. (“Victory Capital”) announced that 11,700,000 shares of its Class A common stock in its initial public offering will be priced at $13.00 and will start trading on the Nasdaq Global Select Market on February 8, 2018. In addition, Victory Capital has granted a 30-day option for the purchase of an additional 1,755,000 shares of its Class A common stock to its underwriters.

Victory Capital (Nasdaq: VCTR), headquartered in Cleveland, Ohio, is a boutique asset management firm that specializes in various asset classes and investment vehicles. As of December 31, 2018, Victory had approximately $61.8 billion in assets under management.

To read the press release: please click here.


Categories

Investment Manager Financings, Transactions