Express
Victory Capital, A $157.1 Billion Asset Management Company, Will Launch Private Equity Funds Tracking The Nasdaq Crypto Index
Summary: Victory Capital, a San Antonio-based asset management company announced its plan to enter the cryptocurrency market on Wednesday. Victory Capital Management Inc., its wholly-owned investment adviser has reached an exclusive agreement with Nasdaq and Hashdex Ltd, becoming the exclusive sponsor of US investors’ private equity funds and other tools, based on the Nasdaq Crypto Index ...
Victory Capital, a San Antonio-based asset management company announced its plan to enter the cryptocurrency market on Wednesday.
Victory Capital Management Inc., its wholly-owned investment adviser has reached an exclusive agreement with Nasdaq and Hashdex Ltd, becoming the exclusive sponsor of US investors’ private equity funds and other tools, based on the Nasdaq Crypto Index (NCI), a multi-currency crypto index jointly developed by Nasdaq and Hashdex, tracking Bitcoin, Ethereum and altcoins (Bitcoin Cash, Stellar and Chainlink) with a total weight of approximately 5%.
In addition, Victory Capital will also provide two private equity funds that track the Nasdaq Bitcoin Reference Price Index and the Nasdaq Ethereum Price Index.
Victory Capital is a diversified global asset management company with assets under management of $157.1 billion as of April 30, 2021.
By Mary Liu
Tags: Bitcoin,Ethereum,Nasdaq,Victory Capital
Link: Victory Capital, A $157.1 Billion Asset Management Company, Will Launch Private Equity Funds Tracking The Nasdaq Crypto Index [Copy]
