UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

FORM 8-K

 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
 
June 10, 2021
Date of Report (date of earliest event reported)
 
Victory Capital Holdings, Inc.
(Exact name of registrant as specified in its charter)

 
Delaware
001-38388
32-0402956
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

     
   
15935 La Cantera Parkway; San Antonio, Texas
 
78256
(Address of principal executive offices)
 
(Zip Code)

(216) 898-2400
(Registrant’s telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report)

 
Check the appropriate box below if the Form 8‑K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions (see General Instruction A.2. below):
 
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐   Soliciting material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)
 
☐    Pre-commencement communications pursuant to Rule 14d‑2(b) under the Exchange Act (17 CFR 240.14d‑2(b))
 
☐    Pre-commencement communications pursuant to Rule 13e‑4(c) under the Exchange Act (17 CFR 240.13e‑4(c))
 
Securities registered pursuant to Section 12(b) of the Act:

     
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A Common Stock, Par Value $0.01
VCTR
NASDAQ
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b‑2 of the Securities Exchange Act of 1934 (§240.12b‑2 of this chapter).
 
Emerging growth company ☒
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On June 10, 2021, Victory Capital Holdings, Inc., (the “Company”) issued a press release reporting certain information about the Company’s assets under management (“AUM”) as of May 31, 2021. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

     
Exhibit
    
 
Number
 
Description
 
- 2 -
SIGNATURE(S)

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
 
VICTORY CAPITAL HOLDINGS, INC.
   
   
Date: June 10, 2021
By:
/s/ MICHAEL D. POLICARPO
   
Name: Michael D. Policarpo
   
Title: President, Chief Financial Officer and Chief Administrative Officer

- 3 -
Exhibit 99.1

Victory Capital Reports May 2021 Assets Under Management

SAN ANTONIO, Texas--(BUSINESS WIRE)--June 10, 2021--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported assets under management (AUM) of $160.9 billion as of May 31, 2021.

Victory Capital Holdings, Inc. and Subsidiaries

Assets Under Management1

(unaudited; in millions)

 

 

As of:

By Asset Class

 

May 31, 2021

 

April 30, 2021

Fixed Income

 

$

35,961

 

$

35,701

Solutions

 

 

38,994

 

 

35,677

U.S. Mid Cap Equity

 

 

30,662

 

 

30,577

U.S. Small Cap Equity

 

 

20,638

 

 

20,857

U.S. Large Cap Equity

 

 

14,993

 

 

15,108

Global / Non-U.S. Equity

 

 

15,972

 

 

15,490

Other

 

 

432

 

 

394

Total Long-Term Assets

 

$

157,653 

 

$

153,804

Money Market / Short Term Assets

 

 

3,284

 

 

3,321

Total Assets Under Management

 

$

160,936

 

$

157,125

 

 

 

 

 

By Vehicle

 

 

 

 

Mutual Funds2

 

$

122,269

 

$

121,574

Separate Accounts and Other Pooled Vehicles3

 

 

34,330

 

 

31,222

ETFs

 

 

4,337

 

 

4,328

Total Assets Under Management

 

$

160,936

 

$

157,125

 

 

 

 

 

1Due 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 collective trust funds, wrap program accounts, UMAs, UCITS, private funds and non-U.S. domiciled pooled vehicles.

About Victory Capital

Victory Capital is a diversified global asset management firm with $160.9 billion in assets under management as of May 31, 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 10 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, 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: Twitter and LinkedIn

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