Virtus Investment Partners

ether.fi Completes USD 5.3 Million Funding Round Co-led by NIV and Chapter One, Launches Liquid Staking Platform

Retrieved on:

Wednesday, March 1, 2023

LONDON, March 1, 2023 /PRNewswire/ -- ether.fi, a liquid staking protocol designed with decentralization at its core, announced today that it has completed a USD$5.3m funding round co-led by investors North Island Ventures (NIV,) Chapter One, and Node Capital, with participation from Arrington Capital, Maelstrom, Version One Ventures and Purpose Investments.

Key Points:

Node Capital, Arrington Capital, Maelstrom, Version One Ventures, and Purpose Investments also back staking protocol to address issues of centralized staking markets.
As a decentralized non-custodial staking solution, ether.fi allows stakers to retain control of their keys while delegating validator operations to a node operator.
ether.fi brings a new platform approach to the staking market.
Ethereum stakers depositing a minimum of 32 ETH will hold the NFT, which represents the economic interest in the validator.

Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock

Retrieved on:

Thursday, February 23, 2023

Asset Management, Professional Services, Finance, Virtus Investment Partners, Holding company

Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend of $1.65 per common share for the first quarter of 2023.

Key Points:

Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend of $1.65 per common share for the first quarter of 2023.
The dividend will be paid on May 15, 2023 to shareholders of record at the close of business on April 28, 2023.
Future declarations of dividends will be subject to the approval of the Board of Directors.

Eaglestone Appoints Jason Richards as Chief Executive Officer

Retrieved on:

Wednesday, February 22, 2023

Eaglestone, Automation, MEPS, Fieldstone, Honeywell, PPL, Partnership, Virtus Investment Partners, Ontario Energy Board, Management, Sodexo

NEW YORK, Feb. 22, 2023 /PRNewswire/ -- Eaglestone Holdings, a leading specialty infrastructure contractor in the Northeast, has announced the appointment of Jason Richards as Chief Executive Officer.

Key Points:

NEW YORK, Feb. 22, 2023 /PRNewswire/ -- Eaglestone Holdings, a leading specialty infrastructure contractor in the Northeast, has announced the appointment of Jason Richards as Chief Executive Officer.
Jason assumed the role as part of an executive transition, with Andru Coren, Eaglestone's former CEO, becoming Executive Chairman of the Board as a strategic partner.
As an officer of Albireo Energy for almost seven years, Jason was responsible for the strategic growth and operations of the business.
"I am excited to be working with the Aterian and Eaglestone teams", said Jason Richards.

Long-tenured Fund Reboots with Reorganization; Hires Distribution Specialist

Retrieved on:

Wednesday, February 15, 2023

Consulting, Asset Management, Professional Services, Finance, Ticker, Consultant, Philosophy, RBB, Partnership, Virtus Investment Partners, Financial services, Nuria Torray

Torray Investment Partners (“Torray”), an employee-owned investment advisor specializing in concentrated, low-turnover growth and value-oriented strategies, is proud to announce the reorganization of its flagship fund, The Torray Fund, (Ticker: TORYX) into The RBB Fund Trust (“RBB”).

Key Points:

Torray Investment Partners (“Torray”), an employee-owned investment advisor specializing in concentrated, low-turnover growth and value-oriented strategies, is proud to announce the reorganization of its flagship fund, The Torray Fund, (Ticker: TORYX) into The RBB Fund Trust (“RBB”).
The move comes as Torray looks to streamline operations as the first step in a comprehensive strategic branding and messaging process.
In addition to the fund, Torray offers investors four concentrated portfolios of 20-30 companies with low turnover that tend to look and act differently than their peers and benchmarks over long time periods.
“Today marks the first step in executing our strategic process,” said Shawn Hendon, President of Torray Investment Partners.

Virtus Investment Partners Reports Preliminary January 31, 2023 Assets Under Management

Retrieved on:

Thursday, February 9, 2023

Professional Services, Finance, Virtus Investment Partners, Financial adviser, Bank

Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $157.8 billion as of January 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

Key Points:

Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $157.8 billion as of January 31, 2023. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

Virtus Investment Partners to Announce Fourth Quarter 2022 Results on Friday, February 3

Retrieved on:

Tuesday, January 17, 2023

Virtus Investment Partners, Call, Webcast, Management, Conference

HARTFORD, Conn., Jan. 17, 2023 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the fourth quarter of 2022 before the market opens on Friday, February 3, 2023. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00 a.m. Eastern.

Key Points:

Conference Call at 10:00 a.m. Eastern
HARTFORD, Conn., Jan. 17, 2023 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the fourth quarter of 2022 before the market opens on Friday, February 3, 2023.
George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00 a.m. Eastern.
The presentation that will accompany the conference call will be available in the Presentations section of virtus.com .
A replay of the call will be available in the Investor Relations section for a year.

Charger Investment Partners Announces Acquisition of CMI

Retrieved on:

Tuesday, January 17, 2023

Charger Investment Partners (“Charger”) announced today it has partnered with management to complete the acquisition of CMI Limited Co., LLC (“CMI”), a leading designer and manufacturer of innovative, engineered products for shoreline preservation and marine access.

Key Points:

Charger Investment Partners (“Charger”) announced today it has partnered with management to complete the acquisition of CMI Limited Co., LLC (“CMI”), a leading designer and manufacturer of innovative, engineered products for shoreline preservation and marine access.
“Charger is the perfect partner to continue driving growth and innovation at CMI,” commented CMI CEO Doug Zacharias.
“CMI has an impressive history of leadership within its industry and we admire their focus on sustainability of marine environments.
We share management’s vision of the future and look forward to supporting the next phase of the company’s growth.”
Massumi + Consoli LLP acted as legal advisor to Charger and Stifel served as the investment banking advisor to CMI.

No Meat Factory Secures $42 Million Series B Funding

Retrieved on:

Thursday, January 12, 2023

No Meat Factory , a leading plant-based alternative protein manufacturer, today announced it has closed a Series B funding round totaling $42 million USD.

Key Points:

No Meat Factory , a leading plant-based alternative protein manufacturer, today announced it has closed a Series B funding round totaling $42 million USD.
No Meat Factory will also continue to make significant investments in its global research and development organization that focuses on commercializing the latest innovations in alternative protein.
No Meat Factory co-founders Dieter Thiem and Leon Bell have over 65 years of combined experience in the plant-based food industry, particularly in plant-based meat production.
As the global demand for plant-based meat continues to grow, constraints in production become more visible and challenging, presenting a problem that No Meat Factory is uniquely positioned to help solve.

Odyssey Investment Partners Announces New Head of Portfolio Operations and Investment Team Promotions

Retrieved on:

Monday, January 9, 2023

Consulting, Asset Management, Professional Services, Finance, Service, Associate, Virtus Investment Partners, Principal, KPMG LLP, KPMG, Creativity, Management, Odyssey

Odyssey Investment Partners, LLC (“Odyssey”), a middle-market private equity firm, today announced a new strategic hire and the promotions of five members of its investment team:

Key Points:

Odyssey Investment Partners, LLC (“Odyssey”), a middle-market private equity firm, today announced a new strategic hire and the promotions of five members of its investment team:
Daniel Tiemann has joined the firm as a Managing Principal and Head of Portfolio Operations.
He will be responsible for leveraging Odyssey’s collective experience to support the firm’s portfolio companies.
We are delighted to recognize Bill’s dedication, creativity, and strong leadership capabilities over the course of his career at Odyssey.
We look forward to these colleagues’ continued development, and future contributions to Odyssey and our portfolio companies.”

Stone Harbor Investment Partners Introduces Actively Managed Emerging Market High Yield Debt ETF

Retrieved on:

Monday, December 19, 2022

HARTFORD, Conn., Dec. 19, 2022 /PRNewswire/ -- Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS) and Virtus ETF Solutions have introduced the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSE: VEMY), the first actively managed ETF focused on emerging markets high yield debt.

Key Points:

VEMY, first ETF from Stone Harbor, invests in high yield sovereign and corporate debt sectors
HARTFORD, Conn., Dec. 19, 2022 /PRNewswire/ -- Stone Harbor Investment Partners , an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS) and Virtus ETF Solutions have introduced the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (NYSE: VEMY), the first actively managed ETF focused on emerging markets high yield debt.
The Stone Harbor investment team managing VEMY is under the leadership of James E. Craige, CFA, co-chief investment officer and head of Emerging Markets, and includes Richard Lange, portfolio manager, Emerging Markets Corporate Debt, Asia, Euro High Yield – Execution, Stuart Sclater-Booth, portfolio manager, Emerging Markets Debt, Global Sovereign, and Asset Allocation, and Darin Batchman, portfolio manager, Emerging Markets Corporate Debt, Latin America.
"Investing in emerging markets high yield bonds offers investors exposure to the diversified economic cycles of many emerging market countries.
Stone Harbor Investment Partners is a global credit specialist with three decades of expertise in emerging and developed markets debt.