Victory Capital(US:VCTR)2024-02-09 12:43Investment Performance - 70% of Victory Capital's total mutual funds and ETFs AUM have 4- or 5-Star overall ratings[3] - 84% of Victory Capital's strategies outperformed benchmarks[3, 44] - 80% of Victory Capital's funds outperformed benchmarks over a 1-year period[1, 4] - 73% of Victory Capital's funds outperformed benchmarks over a 3-year period[4] - 62% of Victory Capital's funds outperformed benchmarks over a 5-year period[3, 4] - 63% of Victory Capital's funds outperformed benchmarks over a 10-year period[4] Financial Highlights (Q4 2023) - Victory Capital's AUM reached $166.6 billion as of December 31, 2023, a 9% increase from $153.0 billion at year-end 2022[12] - Victory Capital's adjusted EBITDA margin expanded 120 bps from Q3 to 52.3% in Q4[52, 69] - Victory Capital returned $80 million to shareholders in the fourth quarter and $243 million in 2023, up 21% from 2022[12] - Victory Capital's net leverage ratio improved to 2.0x from 2.4x at year-end 2022[12] Shareholder Value - Private Equity shareholders reduced ownership from 67% to 18% between November 2021 and February 2024[9]