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Investment management firm Victory Capital Holdings files for a $100 million IPO

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Victory Capital Holdings, a multi-boutique asset management firm with $59 billion in AUM, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

The Brooklyn, OH-based company was founded in 1894 and booked $402 million in revenue for the 12 months ended September 30, 2017. It plans to list on the Nasdaq under the symbol VCTR. Victory Capital Holdings filed confidentially on April 12, 2017. J.P. Morgan, BofA Merrill Lynch, Morgan Stanley, Barclays, Goldman Sachs and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Investment management firm Victory Capital Holdings files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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