Virtus Investment Partners Announces Agreement to Add Stone Harbor Investment Partners as an Affiliated Manager
HARTFORD, Conn. , June 28, 2021 |PRNewswire| -- Virtus Investment Partners, Inc. (NASDAQ: VRTS ), which operates a multi-boutique asset management business, today announced it has entered into an agreement to acquire Stone Harbor Investment Partners LP , a premier manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $15.4 billion1 of assets under management. Stone Harbor offers credit strategies primarily to global institutional clients, including sovereign wealth investors, pension plans, foundations, endowments and insurance companies. Its strategies are also available through open- and closed-end mutual funds, including the Stone Harbor Emerging Markets Debt Fund (SHMDX), and to non-U.S. investors through UCITS and QIAIF pooled funds. The addition of Stone Harbor as an affiliated manager will further enhance and diversify Virtus'' investment capabilities with a highly-regarded emerging markets debt strategy that has a 30-year track record.
Virtus Investment Partners Announces Agreement to Add Stone Harbor Investment Partners as an Affiliated Manager
HARTFORD, Conn. , June 28, 2021 |PRNewswire| -- Virtus Investment Partners, Inc. (NASDAQ: VRTS ), which operates a multi-boutique asset management business, today announced it has entered into an agreement to acquire Stone Harbor Investment Partners LP , a premier manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $15.4 billion1 of assets under management. Stone Harbor offers credit strategies primarily to global institutional clients, including sovereign wealth investors, pension plans, foundations, endowments and insurance companies. Its strategies are also available through open- and closed-end mutual funds, including the Stone Harbor Emerging Markets Debt Fund (SHMDX), and to non-U.S. investors through UCITS and QIAIF pooled funds. The addition of Stone Harbor as an affiliated manager will further enhance and diversify Virtus'' investment capabilities with a highly-regarded emerging markets debt strategy that has a 30-year track record.