Ownership stake · Activity not yet classified
Victory Capital Holdings, Inc.
Transaction overview
Announced
Exact closing date not established.
As part of the proposed First Eagle transaction, Genstar Capital is expected to own approximately 14.6% of Victory Capital on a fully diluted, as-converted basis, with voting interest limited to 4.9%. The proposed equity issuance requires Victory shareholder approval and remains subject to transaction closing.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- LATEST GENSTAR NEWS ↗
Genstar Capital · Published Aug 26, 2026
As part of the proposed First Eagle transaction, Genstar Capital is expected to own approximately 14.6% of Victory Capital on a fully diluted, as-converted basis, with voting interest limited to 4.9%. The proposed equity issuance requires Victory shareholder approval and remains subject to transaction closing.