Victory Capital Announces Additional Investment in Cerebellum Capital

Victory Capital announced today that its parent company, Victory Capital Holdings, Inc. (NASDAQ:VCTR) will be making an additional minority investment in Cerebellum Capital (“Cerebellum”) in April 2018. Cerebellum is an investment management firm that specializes in machine learning, a form of artificial intelligence that allows computers to learn without being explicitly programmed. Victory Capital acquired an initial minority stake in Cerebellum in December 2016.