Victory Capital Holdings, Inc. VCTR

What this company does

Victory Capital is a global asset management firm with total assets under management of $313.8 billion and $316.6 billion in total client assets as of December 31, 2025, providing specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. As of December 31, 2025, it had 699 full-time employees, with 231 in investment management, 251 in sales and marketing roles and 217 in management and support functions. As of December 31, 2025, approximately 37% of its Total Client Assets came from U.S. retail and retirement clients, 20% from U.S. direct investor clients, 26% from U.S. institutional clients, and 17% from clients outside the U.S. It serves investors located in more than 60 countries around the world. For the year ended December 31, 2025, 75% of its total revenues were derived from its services to investment companies registered under the 1940 Act, including mutual funds and ETFs. Through multiple Investment Franchises and a Solutions Platform, it offers investment products including actively and passively managed mutual funds, rules-based and active exchange-traded funds, institutional separate accounts, variable insurance products, alternative investments, private closed-end funds, and a 529 Education Savings Plan. As of December 31, 2025, its Franchises and Solutions Platform collectively managed 187 investment strategies. Victory Capital Holdings, Inc. was formed in 2013 for the purpose of acquiring Victory Capital Management and Victory Capital Services, Inc. from KeyCorp.

Written from the business description in Victory Capital Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.