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Victory Capital Holdings Priced, Nasdaq: VCTR

Multi-boutique asset management firm with $62 billion in AUM.

Industry: Financials

First Day Return: -10.8%

Industry: Financials

We are an independent investment management firm operating as a next generation, multi-boutique model. Our differentiated model features a scalable operating platform that provides centralized distribution, marketing and operations infrastructure to our select group of Franchises. Our earnings are primarily driven by asset-based fees charged for services related to the investment strategies we deliver and consist of management, fund administration and distribution fees. We sell our products through our centralized distribution model with 100 professionals across both our institutional and retail distribution channels and marketing organizations. We distribute our products through broker-dealers, retirement platforms and RIA networks. We have grown our AUM from $17.9 billion following the management-led buyout with Crestview GP from KeyCorp in August 2013 to $59 billion at September 30, 2017.
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IPO Data
IPO File Date 01/11/2018
Offer Price $13.00
Price Range $17.00 - $19.00
Offer Shares (mm) 11.7
Deal Size ($mm) $152
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/07/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $152
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Brooklyn, OH, United States
Founded 1894
Employees at IPO 276
Website www.vcm.com

Victory Capital Holdings (VCTR) Performance