December 3, 2014

Willkie represents Victory Capital, a Cincinnati-based multi-boutique asset management firm, in its acquisition of Compass Efficient Model Portfolios, LLC.  

On December 1, Willkie client Victory Capital announced it has reached an agreement to acquire the business of Compass Efficient Model Portfolios, LLC (Compass EMP). Brentwood, TN-based Compass EMP, which has nearly $1 billion in assets under management (as of 10/31/14), has developed a smart beta investment approach that combines fundamental criteria with volatility weighting to improve an investor’s ability to outperform traditional indexing strategies. Victory Capital’s acquisition of Compass EMP is an extension of the firm’s multi-boutique business model in which autonomous investment franchises deliver client-centric solutions across a variety of asset classes.

Based in Cincinnati, Victory Capital, which as of 10/31/14 had approximately $36 billion in assets under management and advisement, provides investment advisory services to institutional clients including corporations, non-profits, public funds, Taft-Hartley and sub-advisory clients. In addition to its family of 16 mutual funds, Compass EMP offers five ETFs tracking to proprietary indexes built by the firm's founders.

In April 2014, Willkie represented Victory Capital in its acquisition of Munder Capital Management.  The current deal was handled by partners David Boston, Jordan Messinger, Christopher Peters and James Silk, and associates Danielle Scalzo, Geri Anne McEvoy and Evan Goodman.