VCTR News & Events

Victory Capital announced that it has named Molly Weiss as chief technology officer and head of digital innovation. In her new role with Victory Capital, Weiss will be a member of the executive committee and have overall responsibility for the company's technology infrastructure, including its artificial intelligence framework, and data and analytics platform. Additionally, she will lead the direct investor business. She was previously group president of Wealth Platforms at Envestnet Financial Technology.

Victory Capital (VCTR) sent another letter to the special committee of Janus Henderson's (JHG) board of directors, delivering a proposal to acquire Janus Henderson on terms that provide "meaningfully higher: value than the transaction currently contemplated with Trian. The company said, " Under the terms of this "best-of-both-worlds" proposal, Janus Henderson shareholders would receive total consideration of $57.04 per share, consisting of $30.00 in cash and a fixed exchange ratio of 0.350 shares of Victory Capital common stock, based on Victory Capital's closing stock price as of February 25, 2026. This proposal represents a 37% premium to Janus Henderson's unaffected share price as of October 24, 2025 and an approximately 16% premium to Janus Henderson's currently contemplated transaction with Trian. Following the transaction, Janus Henderson shareholders are expected to own approximately 38% of the combined company, which would have a total enterprise value of approximately $16 billion. This would provide substantial potential upside as benefits from synergies and growth are realized, while also delivering significant upfront cash proceeds to Janus Henderson shareholders. A combination between Victory Capital and Janus Henderson would build on Victory Capital's highly successful track record of acquiring and integrating investment firms into its platform, creating a global investment management business with exceptional diversification and distribution capabilities that is better positioned to compete at scale against the largest asset managers in the world. Additionally, Victory Capital's proposal provides stability for clients as it intends to retain investment professionals, preserve the Janus Henderson brand and minimize disruption. Victory Capital strongly believes that its proposal constitutes a "Company Superior Proposal" under the Trian merger agreement due to its higher value and minimal execution risk. Victory Capital has materially improved non-price terms compared to the currently contemplated transaction with Trian, including no financing outs, full specific performance protection for Janus Henderson, a lower client consent closing condition, a lower termination fee, and no requirement for Janus Henderson to make a payment to Victory Capital if Janus Henderson shareholders do not approve the transaction with Victory Capital. Accordingly, Victory Capital believes that the Special Committee should determine that the proposal constitutes a "Company Superior Proposal" and engage with Victory Capital as permitted under the merger agreement with Trian."

Victory Capital reported Total Assets Under Management of $320.2 billion, Other Assets of $3.0 billion, and Total Client Assets of $323.2 billion, as of January 31, 2026. For the month of January, Average Total AUM was $318.3 billion, average Other Assets was $2.9 billion, and average Total Client Assets was $321.2 billion.