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

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.

Nomura Acquires Macquarie's U.S. & European Public Asset Management Business

April 22, 2025

Wealth Management

Nomura has agreed to acquire Macquarie Asset Management’s North American and European public asset management business (including equities, fixed income and multi‑asset strategies) in an all‑cash transaction for roughly US$1.8 billion, subject to closing adjustments and regulatory approvals. The business—led from Philadelphia with more than 700 employees and approximately US$180 billion of AUM—will join Nomura’s Investment Management division, and the firms will also enter a broader product and distribution collaboration.

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.

Vivendi Acquires Amber Capital's Stake in Lagardère

December 16, 2021

Media & Entertainment

Vivendi acquired 24,685,108 Lagardère shares from Amber Capital at €24.10 per share, taking its stake to roughly 45.1% (45.13% reported) and announced it will file a public tender offer for all remaining Lagardère shares at the same price. The transaction (and the planned tender offer) is positioned as a move to obtain control of Lagardère subject to regulatory approvals; Amber Capital remains the selling party.

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 Acquires Certain Assets of THB Asset Management

March 1, 2021

Financial Services

Victory Capital Holdings, Inc. completed the acquisition of certain assets of THB Asset Management, adding approximately $555 million in equity assets and incorporating THB as its 10th investment franchise. THB will remain in Norwalk, Connecticut, and the transaction expands Victory Capital's capabilities in capacity-constrained small-/micro-cap strategies and adds offshore distribution relationships.