Victory Capital Announces Close of Acquisition of RS Investments
July 29, 2016
Victory Capital announced today that it has completed the previously announced acquisition of RS Investments.
The acquisition expands Victory Capital’s multi-boutique model to include 11 distinct investment franchises with $50.7 billion in assets under management and advisement as of June 30, 2016.*
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*Combined AUM for Victory Capital and RS Investments as of June 30, 2016, prior to the close of the acquisition. AUM figures are not adjusted for assets of proprietary funds in other funds or client accounts.