December 20, 2014 2:08 PM ET

Capital Markets

Company Overview of Victory Capital Management Inc.

Company Overview

Victory Capital Management Inc. is a privately owned investment manager. It primarily provides its services to individuals. The firm also provides its services to high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, other pooled investment vehicles, Taft-Hartley, charitable organizations, corporations, state or municipal government entities, and escrow accounts. It manages separate client focused equity, fixed income, and balanced portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity and fixed income markets across the globe. The firm invests in growth, ...

4900 Tiedeman Road

Brooklyn, OH 44144

United States

Founded in 1894

Phone:

877-660-4400

Fax:

216-689-5555

Key Executives for Victory Capital Management Inc.

Chief Executive Officer and Chairman
Age: 41
Chief Financial Officer
Age: 39
Chief Technology and Operations Officer
Age: 43
Senior Managing Director and Chief Administrative Officer
Compensation as of Fiscal Year 2014.

Victory Capital Management Inc. Key Developments

Victory Capital Management Inc. Names Kelly Cliff as President, Investment Franchises, Effective September 8, 2014

Victory Capital Management Inc. announced that Kelly Cliff will be joining the firm as President, Investment Franchises effective September 8, 2014. Mr. Cliff was most recently CIO of Public Markets and co-lead of the Global Manager Research Group for Callan Associates. Previously, he served as Chief Investment Officer of Callan's Trust Advisory Group.

Victory Capital Management Inc. Announces Board Appointments

Crestview Partners and Victory Capital Management (Victory) announced that their previously announced transaction to acquire the asset management firm from KeyCorp has closed. Victory announced that David Brown, Chief Executive Officer, and Christopher Ohmacht, President, will continue to lead Victory and have been appointed to the new Board of Directors along with two representatives from Crestview, Rich DeMartini and Alex Binderow, and three independent directors with significant asset management experience: Milton Berlinski, former Global Head of Financial Sponsors at Goldman Sachs, Alan Rappaport, former Chairman and President of the Private Bank at Bank of America, and James Hawkes, former Chairman and CEO of Eaton Vance.

Victory Capital Management Inc. Announces Executive and Management Changes

Crestview Partners has teamed with employees of Victory Capital Management Inc. to acquire Victory for $246 million. Upon completion of the transaction, Victory will be an independent firm with the senior management team, portfolio managers and other employees owning a significant amount of the outstanding equity. The transaction is expected to close in the third quarter. Under the new ownership structure, David Brown and Christopher Ohmacht will continue to lead Crestview Partners Victory and will be appointed to the company's new Board of Directors along with two representatives from Crestview and three independent directors. Brown will become the Chief Executive Officer, and Ohmacht will become President.

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