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Victory Capital completed the acquisition of WestEnd Advisors for $480m.

Synopsis

Victory Capital, a diversified global asset management firm, completed the acquisition of WestEnd Advisors, an independent institutional asset management firm, for $480m. "The acquisition of WestEnd Advisors is very strategic and transformational to our business. It adds a high-quality and proven investment platform as well as a new product capability in a fast-growing market segment," David Brown, Victory Capital Chairman and CEO.

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