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Virtus Investment Partners Closes on Investment in Sustainable Growth Advisers
Virtus Investment Partners Closes on Investment in Sustainable Growth Advisers

Published : , on

New affiliate expands institutional and international client base

Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates as a multi-boutique asset manager, completed, effective July 1, 2018, its previously announced majority investment in Sustainable Growth Advisers (SGA), an investment manager headquartered in Stamford, Connecticut that specializes in high-conviction U.S. and global growth equity portfolios.

SGA uses a team-oriented approach and a consistent investment philosophy based on fundamental research to create U.S., global, and international growth equity strategies. It manages $11.6 billion1 of assets primarily for institutional clients in the U.S., Europe, Middle East, and Asia-Pacific. The transaction further diversifies Virtus’ investment strategies, expands its institutional and international client base, and increases total assets.

As previously disclosed, in connection with the closing, the transaction was financed with balance sheet resources and $105.0 million from additional borrowing on the company’s term loan.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

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