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Victory Capital to make additional minority investment in Cerebellum Capital

Victory Capital Holdings Inc. announced that it will make a minority investment in Cerebellum Capital in April 2018.

Victory Capital acquired an initial minority stake in Cerebellum in December 2016.

Terms of the transaction were not disclosed.

Cerebellum is an investment management firm that specializes in machine learning, a form of artificial intelligence that allows computers to learn without being explicitly programmed.