Victory Capital Holdings has appointed David Alt, CFA, as Director of Responsible Investing. He will be based in Cleveland, Ohio, and report to Kelly Cliff, President, Investment Franchises.In this newly created role, Alt will support integration and reporting of environmental, social, and governance (ESG) metrics across Victory Capital’s investment products. In collaboration with the investment teams, he will advance existing ESG practices and refine the use of ESG data in investment processes. As chair of the Company’s proxy voting committee, he will also engage with management teams at portfolio companies on ESG-related issues.
“Dave brings a wealth of experience in responsible investing and ESG stewardship to Victory Capital,” says David Brown, Chairman and CEO. “Driving positive environmental and societal impacts is compatible with maximising risk-adjusted investment performance. Responsible investing and ESG-risk mitigation have always been essential components of active management due diligence and managing these factors in an organised framework is critical for long-term success.”
Alt will also join Victory Capital’s Diversity, Inclusion, Cohesion, and Engagement Committee and oversee the Company’s corporate social responsibility (CSR) initiatives. Most recently, he served as Senior Vice President, Head of Responsible Investing, at PNC Financial Services Group. He is a CFA Charterholder and earned MA and BBA degrees in Economics from Kent State University.