{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-031690","form_type":"8-K","ticker":"VCTR","cik":"0001570827","company_name":"Victory Capital Holdings, Inc.","filed_at":"2025-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.823847+00:00","generated_at":"2026-05-23T22:36:21.872586+00:00","sec_items":["1.01","2.01","3.02","5.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Victory Capital closes Amundi US acquisition; raises net expense synergy target to $110M","bullets":["Closes Amundi US acquisition; issues 17.6M shares (21.2% fully diluted, 4.9% voting); total expected to reach 26.1%.","Reintroduces Pioneer Investments brand; Pioneer had $544M revenue, $119B AUM, $5.5B net flows in 2024.","Increases net expense synergy target from $100M to $110M; expects >$100M achieved within first year of ownership.","Enters 15-year reciprocal global distribution agreements with Amundi; Victory strategies to be sold via Amundi's global network.","Appoints two Amundi designees (Boyer-Chammard, Carrel-Billiard) to Board; Bob Hurst retires."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-031690","json":"https://secwatch.observer/filing/0001104659-25-031690.json","markdown":"https://secwatch.observer/filing/0001104659-25-031690.md","text":"https://secwatch.observer/filing/0001104659-25-031690.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/0001104659-25-031690-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/tm2510918d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T22:36:21.872586+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3f8a83d3d6","claim":"Dominique Carrel-Billiard was appointed as Director at Victory Capital Holdings, Inc..","evidence_excerpt":"Mr. Carrel-Billiard currently serves as the Seller’s Head of Real and Alternative Assets and has been appointed as a Class III director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/0001104659-25-031690-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"519ea31048","claim":"Céline Boyer-Chammard was appointed as Director at Victory Capital Holdings, Inc..","evidence_excerpt":"Ms. Boyer-Chammard currently serves as the Seller’s Head of Sustainable Transformation and Organization and has been appointed as a Class II director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/0001104659-25-031690-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"6cff28b956","claim":"Bob Hurst retired as Director at Victory Capital Holdings, Inc..","evidence_excerpt":"The Company announced that Bob Hurst, one of Crestview Partners’ nominees on the Company’s board of directors (the “Board”), retired from the Board effective as of April 1, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/0001104659-25-031690-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"0db4e95103e14fef5c6752b5e6eee4532b0bb001","claim":"Victory Capital Holdings, Inc. completed an acquisition involving Amundi Asset Management S.A.S (closed 2025-04-01).","evidence_excerpt":"On April 1, 2025, the Company completed the acquisition of Amundi US.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1570827/000110465925031690/0001104659-25-031690-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Amundi Asset Management S.A.S"},{"label":"Closing","value":"2025-04-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}