San Antonio, Texas / London, UK, September 21, 2020 – Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) announced today that it has acquired, through a wholly owned subsidiary, a 15% interest in Alderwood Partners LLP (“Alderwood”). Financial terms were not disclosed.
Alderwood’s operating entity, Alderwood Capital, is a London-based investment advisory firm focused on taking minority stakes in specialist boutique asset management businesses. Founded in 2020 by Jonathan Little, Alderwood is planning – subject to regulatory approval – to raise a single fund to deploy its strategy. Victory Capital will have board representation at the general partner level and intends to participate as an investor in the fund.