Leading SA: Victory Capital discusses its national recognition, what makes San Antonio special

Company was named 9th on Fortune’s Fastest Growing Businesses list

SAN ANTONIO – Victory Capital, an independent investment management firm headquartered in San Antonio, recently was ranked 9th out of 100 on Fortune’s Fastest Growing Businesses.

Nikhil Sudan, president of direct investor business for Victory Capital, joined Leading SA on Tuesday to discuss the company, the future of business in San Antonio, and the national recognition.

“I think the biggest thing is it’s a reflection of the tremendous ownership and drive and focused on investors that our company has had over many, many years. It gives us great name recognition in the area. We’d love to attract more talent, but most importantly, it’s just another springboard for us to continue growing, especially in San Antonio,” Sudan said.

Victory Capital is thriving now, but since moving to San Antonio in January of 2020, the experience has been filled with obstacles.

“It has been a roller coaster for sure. There was certainly uncertainty, but I think we remain focused on two things. One, our investors and two our employees. We wanted to make sure our investors, we treat them as well as we possibly can and see them through the ups and downs of the market. Look, we’re an investment business. We deal with volatility every single day in the markets until we know how to manage risk. Our employees, their health, their safety and their ability to come into work and serve our clients was equally important. And we basically stayed open throughout the pandemic because of the nature of our business, which is serving individuals, and we have most of our folks back in the office with all the necessary and appropriate protocols. I think it’s just another experience that we that we work through and not to mention the winter storm,” Sudan said.

Over the last couple years Victory Capital is one of the many businesses moving their headquarters to the Alamo City. Sudan said he is bullish on the city of San Antonio.

“I think San Antonio is an absolutely fantastic place to grow our business. Firstly, there’s a demographic trends of folks moving to Texas, moving down south. We have an exceptionally diverse economy that is supportive of multiple businesses. There’s a fantastic higher education system here that is obviously a fantastic source of talent for us, many of which we would like to recruit to Victory Capital. We have an exceptional climate and I think it’s just a warm and friendly place. I moved my family here in July of this year, and we’ve been so happy and so thankful for the city of San Antonio and our neighbors and our friends that we’ve just made while welcoming us in school and our community at work,” Sudan said.

And so, San Antonio is shining bright on a personal and professional landscape.

“It’s been really fantastic and I think it’s my own personal experience, and those of my colleagues all point to a fast trajectory of growth. Not to mention the greater SATX organization that has been very supportive and collaborated with us as we’ve explored the city and planted our roots here,” Sudan said.

About the Author

Max Massey is the GMSA weekend anchor and a general assignments reporter. Max has been live at some of the biggest national stories out of Texas in recent years, including the Sutherland Springs shooting, Hurricane Harvey and the manhunt for the Austin bomber. Outside of work, Max follows politics and sports, especially Penn State, his alma mater.

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