Victory Capital Management Inc.

2019 YE — All values in USD billionsDefinitions

Firm Information

AUM, Firm Distribution

Insurance GenAcct 3rd PartyInsurance GenAcct AffilInsurance SepAcctAll Other FirmAUMTotal Firm AUM2.680.193120.905123.778
Victory Capital Management Inc.

www.vcm.com
15935 La Cantera Pkwy., San Antonio, TX, 78256

Mike Thistleton
Managing Director, Institutional
mthistleton@vcm.com
770-696-4923

Service Offerings & Client Profiles

Insurer Services
Investment Accounting OutsourcingNALM PartneringN
Customized Portfolio ReportingYRegulatory AssistanceN
Insurance Client Web PortalNStrategic Asset Allocation AdviceN
Peer AnalyticsNTactical Asset Alloc / Multi-Asset Portfolio MgtY
Capital Modelling & ManagementNInsurance Client ConferencesN
Income & Cash Flow ProjectionsNESG Specific Products Placed with InsurersN

Client Type Count

Life HealthPropertyCasualtyReinsurance(All Lines)Multi-LineOtherTotal ClientCount112615750

Client Relationship Size

<$250mn$250mn – $1bn$1 – $5bn5 – $10bn>$10bn464

AUM Summary

3rd Party General Account Public Private Total
Fixed Income0.6070.607
Equities2.0732.073
Total2.682.68
Firm Public Private Total
Fixed Income51.17551.175
Equities72.60372.603
Total123.778123.778
Regions 3P-GA Firm
N America2.132122.505
Europe & UK
APAC0.665
Offshore0.5480.608
Other

AUM Details

Public Fixed Income 3P-GA Firm
Cash/Short-Term0.44518.398
Governments & Agencies0.1578.954
Corporates9.855
Municipals, Tax-Preferenced11.743
Municipals, Taxable
Securitized – RMBS
Securitized – All Other
Convertibles0.0051.779
High Yield
Bank/Leveraged Loans
CLOs
Emerging Markets – Sovereigns
Emerging Markets – Corporates
Other0.446
Public Equities 3P-GA Firm
Large Cap0.02618.61
Mid Cap0.00116.066
Small Cap0.00214.222
Global Developed Markets2.0099.375
Emerging Markets2.154
Quant/Smart Beta3.924
Mkt Neutral / Long-Short / Liquid Alts0.148
Dividend-Tilt1.1711.815
Passive SMAs9.584
Other0.03612.176
Private Fixed Income 3P-GA Firm
Private Placements – Traditional
Corporate – Middle Market
RE – CMLs
RE – All Other Debt
Infrastructure Debt
Structured
High Yield
Other
Private Equity, Equity Alts 3P-GA Firm
PE / VC
RE Equity
Infrastructure Equity
Hedge Funds
Other