{"id":401931,"date":"2020-12-17T09:03:39","date_gmt":"2020-12-17T14:03:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401931"},"modified":"2020-12-17T09:03:39","modified_gmt":"2020-12-17T14:03:39","slug":"victory-capital-appoints-nikhil-sudan-president-direct-investor-business","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\/","title":{"rendered":"Victory Capital Appoints Nikhil Sudan President, Direct Investor Business"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\" style=\"font-weight:normal\"><b>Victory Capital Appoints Nikhil Sudan President, Direct Investor Business<\/b><\/p>\n<p>SAN ANTONIO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVictory Capital Holdings, Inc. (NASDAQ: VCTR) (\u201cVictory Capital\u201d or the \u201cCompany\u201d) today announced that it has named Nikhil Sudan to the newly created position of President, Direct Investor Business.\n<\/p>\n<p>\nSudan, 44, will join Victory Capital from McKinsey &amp; Company, where he is a Partner located in the company\u2019s New York office, and a leader of McKinsey\u2019s wealth and asset management practice. In that role, he has served global asset managers, wealth managers, hedge funds, and private equity managers on a range of strategies for growth, distribution, client experience, digital and analytics, and mergers and acquisitions.\n<\/p>\n<p>\n\u201cLaunching our Direct Investor Business has been a significant achievement for Victory Capital,\u201d said David Brown, Chairman and CEO. \u201cAs we continue to invest and allocate resources to realize this growth opportunity, we are thrilled to welcome Nikhil and look forward to him leading this important business. We have worked with Nikhil and gotten to know him well over the past year, and he has already been instrumental in transforming our use of data and advanced analytics.\u201d\n<\/p>\n<p>\nSudan will start in his new role in January 2021 and will be based in Victory Capital\u2019s San Antonio headquarters. He will also become a member of the Company\u2019s Executive Committee.\n<\/p>\n<p>\nSudan commented, \u201cI\u2019m eager to join Victory Capital, a fast-growing company with talented people dedicated to their clients. I like and respect David Brown and the leadership team, who have created a culture of entrepreneurship, teamwork and ownership. They have an impressive track record of strategic vision, execution, and integrity. I know we will collaborate well together to grow the Direct Investor Business.\n<\/p>\n<p>\n\u201cWorking with firms across the world has shown me that tomorrow\u2019s most successful asset managers are moving beyond solely manufacturing products to delivering distinctive experiences for the investors who rely on those products to achieve their life goals. Victory Capital is ideally positioned with its direct investor base, and this is an exciting time as we embark together on this latest evolution of the Company\u2019s business model and growth strategy.\u201d\n<\/p>\n<p>\nPreviously, Sudan was Partner and Chief Operating Officer of Ada Investments, where he managed the hedge fund\u2019s business functions. Prior to that, he was at Bridgewater Associates, where he led strategic multi-year transformations in technology and operations. Sudan earned an M.B.A. with distinction from INSEAD and a B.Sc. summa cum laude from Union College.\n<\/p>\n<p><b>About Victory Capital<\/b><\/p>\n<p>\nVictory Capital is a diversified global asset management firm with $142.5 billion in assets under management as of November 30, 2020. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.\n<\/p>\n<p>\nVictory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With nine autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment styles and investment vehicles including actively managed mutual funds, separately managed accounts, active ETFs, multi-asset class strategies, custom-designed solutions and a 529 College Savings Plan.\n<\/p>\n<p>\nFor more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.vcm.com%2F&amp;esheet=52350095&amp;newsitemid=20201217005130&amp;lan=en-US&amp;anchor=www.vcm.com&amp;index=1&amp;md5=a6f4d5479ca1ddf8b313ddb9b29a5455\">www.vcm.com<\/a> or follow us: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fvcmtweets&amp;esheet=52350095&amp;newsitemid=20201217005130&amp;lan=en-US&amp;anchor=Twitter&amp;index=2&amp;md5=6eb07e616449eb9ccad74bfe36290f85\">Twitter<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fvictory-capital-management%2F&amp;esheet=52350095&amp;newsitemid=20201217005130&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=ca285d891d65d5e96800bbd5ebafb8fa\">LinkedIn<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201217005130r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201217005130\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201217005130\/en\/<\/a><\/span><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Matthew Dennis, CFA<br \/>\n<br \/>Chief of Staff<br \/>\n<br \/>Director, Investor Relations<br \/>\n<br \/>216-898-2412<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mdennis@vcm.com\">mdennis@vcm.com<\/a><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/>Tricia Ross<br \/>\n<br \/>310-622-8226<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:tross@finprofiles.com\">tross@finprofiles.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Other Professional Services Finance Consulting Banking Accounting<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201217005130\/en\/804957\/3\/VC_Logo_2C_640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Victory Capital Appoints Nikhil Sudan President, Direct Investor Business SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; Victory Capital Holdings, Inc. (NASDAQ: VCTR) (\u201cVictory Capital\u201d or the \u201cCompany\u201d) today announced that it has named Nikhil Sudan to the newly created position of President, Direct Investor Business. Sudan, 44, will join Victory Capital from McKinsey &amp; Company, where he is a Partner located in the company\u2019s New York office, and a leader of McKinsey\u2019s wealth and asset management practice. In that role, he has served global asset managers, wealth managers, hedge funds, and private equity managers on a range of strategies for growth, distribution, client experience, digital and analytics, and mergers and acquisitions. \u201cLaunching our Direct Investor Business has been a significant achievement for Victory Capital,\u201d &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Victory Capital Appoints Nikhil Sudan President, Direct Investor Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401931","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Victory Capital Appoints Nikhil Sudan President, Direct Investor Business - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Victory Capital Appoints Nikhil Sudan President, Direct Investor Business - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Victory Capital Appoints Nikhil Sudan President, Direct Investor Business SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; Victory Capital Holdings, Inc. (NASDAQ: VCTR) (\u201cVictory Capital\u201d or the \u201cCompany\u201d) today announced that it has named Nikhil Sudan to the newly created position of President, Direct Investor Business. Sudan, 44, will join Victory Capital from McKinsey &amp; Company, where he is a Partner located in the company\u2019s New York office, and a leader of McKinsey\u2019s wealth and asset management practice. In that role, he has served global asset managers, wealth managers, hedge funds, and private equity managers on a range of strategies for growth, distribution, client experience, digital and analytics, and mergers and acquisitions. \u201cLaunching our Direct Investor Business has been a significant achievement for Victory Capital,\u201d &hellip; Continue reading &quot;Victory Capital Appoints Nikhil Sudan President, Direct Investor Business&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-17T14:03:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201217005130r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Victory Capital Appoints Nikhil Sudan President, Direct Investor Business\",\"datePublished\":\"2020-12-17T14:03:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/\"},\"wordCount\":592,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201217005130r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-capital-appoints-nikhil-sudan-president-direct-investor-business\\\/\",\"name\":\"Victory Capital Appoints Nikhil Sudan President, Direct Investor Business - 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