Corporate - News - Amundi and Victory Capital announce plan to establish a strategic partnership

Amundi and Victory Capital sign a definitive agreement to become strategic partners

Published 9 July, 2024

Amundi and Victory Capital sign a definitive agreement to become strategic partners

Published 9 July, 2024

The definitive agreement with Victory Capital is in line with the Memorandum of Understanding announced on April 16, 20241:

  • Amundi US will be combined with Victory Capital;
  • Amundi will become a strategic shareholder of Victory Capital with a 26.1% economic stake in Victory Capital;
  • Both parties have entered into 15-year distribution and services agreements, which will be effective upon the closing of the transaction.

Under these distribution and services agreements, Amundi will be the distributor of Victory Capital’s US-manufactured active asset management products outside of the US. Additionally, Amundi will become the supplier of non-US manufactured products for Victory’s distribution in the US.

Corporate - Rapport Intégré - Valérie Baudson

Valérie Baudson, Chief Executive Officer of Amundi

The transaction will allow Amundi to strengthen its presence in the US via a larger US investment and distribution platform. It will also provide Amundi’s clients worldwide with access to a broader range of high-performing US investment solutions. Thanks to this transaction, Amundi will become a strategic shareholder in a US-based asset management firm with a consistent track record of development. This is a compelling proposition for our clients and our employees.  It is also a value-creating deal for our shareholders.”

The transaction is subject to customary closing conditions2, and is expected to be completed late in the 4th quarter of 2024 or early 2025.

1See news of 16 April 2024
2 Including regulatory approvals, client consents, and the approval of Victory Capital shareholders for the issuance of Victory Capital shares



Get in touch with us

Our online help service is available to answer your question.

My personal information

If you have a question about our company or one of our products, please complete the form to get in touch. Please do not mention your account numbers or critical data in this form.


(*) Required fields
All our job offers (Permanent and temporary position, Internship, Apprenticeship or VIE) are available on our dedicated website:

Register and apply directly online.