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Victory Capital reported a strong second quarter with total AUM of $161.6 billion. Investment performance remained strong, with a high percentage of AUM outperforming benchmarks. Adjusted EBITDA margin expanded to 50.9%.
Total Assets Under Management (AUM) reached $161.6 billion.
Long-term gross flows amounted to $5.6 billion.
GAAP operating margin was 42.9%.
Adjusted EBITDA margin was 50.9%.
Victory Capital is encouraged about net flow outlook through the end of this year and into next.
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