Victory Capital Acquires Certain Assets of THB Asset Management

Victory Capital Acquires WestEnd Advisors

November 4, 2021

Financial Services

Victory Capital Holdings, Inc. entered into a definitive agreement to acquire 100% of WestEnd Advisors, LLC, a Charlotte-based asset manager that provides ETF-based model allocation strategies and separately managed accounts with approximately $18 billion in assets. The deal was announced November 4, 2021 (upfront consideration of $480 million plus deferred earnouts) and the acquisition closed on December 31, 2021.

Janus Henderson Acquires Majority Stake in Victory Park Capital

August 12, 2024

Financial Services

Janus Henderson Group has agreed to acquire a majority stake in Victory Park Capital Advisors, a Chicago-based private credit manager that specializes in asset-backed lending and structured financing. The transaction expands Janus Henderson’s private credit capabilities and insurance-focused solutions, and is expected to close in Q4 2024 subject to customary regulatory approvals.

Victory Capital Acquires New Energy Capital Partners

September 13, 2021

Financial Services

Victory Capital Holdings, Inc. agreed to acquire 100% of New Energy Capital Partners (NEC), adding NEC as its 11th investment franchise and launching an alternative investments platform focused on clean energy infrastructure. NEC, a Hanover, New Hampshire–based alternative asset manager specializing in debt and equity investments in clean energy projects, will operate within Victory Capital's centralized operating and distribution infrastructure.

Victory Capital to Combine Amundi US into Its Platform; Amundi Takes 26.1% Stake

July 9, 2024

Financial Services

Victory Capital has reached a definitive agreement to combine Amundi's US business (formerly Pioneer Investments) into its platform in exchange for Amundi receiving a 26.1% economic stake in Victory Capital. The deal includes reciprocal 15-year distribution agreements, aims to broaden product offerings and global distribution, and is expected to deliver meaningful cost synergies and near-term EPS accretion.

Main Street Capital Recapitalizes Victory Energy Operations

October 8, 2024

Manufacturing

Main Street Capital Corporation invested $74.4 million to support a majority recapitalization of Victory Energy Operations, partnering with an unnamed co-investor and Victory's founder and management team. The transaction included first-lien senior secured term debt and a direct equity investment and facilitated the buyout of an institutional investor.

Voya Investment Management Acquires Investment Advisory Business of Tygh Capital Management

January 3, 2022

Financial Services

Voya Investment Management (the asset management arm of Voya Financial) has completed its acquisition of the investment advisory business and certain assets of Portland-based Tygh Capital Management. The Tygh investment team — including its senior portfolio managers and executives — joined Voya IM to expand Voya's equities platform and distribute the small-cap growth strategies to Voya's clients.