Victory Capital Holdings, Inc. announced that it has named Nikhil Sudan to the newly created position of President, Direct Investor Business. Sudan, 44, will join Victory Capital from McKinsey & Company, where he is a Partner located in the company’s New York office, and a leader of McKinsey’s wealth and asset management practice. In that role, he has served global asset managers, wealth managers, hedge funds, and private equity managers on a range of strategies for growth, distribution, client experience, digital and analytics, and mergers and acquisitions. Sudan will start in his new role in January 2021 and will be based in Victory Capital’s San Antonio headquarters. He will also become a member of the Company’s Executive Committee. Previously, Sudan was Partner and Chief Operating Officer of Ada Investments, where he managed the hedge fund’s business functions. Prior to that, he was at Bridgewater Associates, where he led strategic multi-year transformations in technology and operations.