Virtus Investment Partners Reports Preliminary June 30, 2023 Assets Under Management

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $168.3 billion as of June 30, 2023. The increase from March 31, 2023 primarily reflected the addition of $7.8 billion of assets from the acquisition of AlphaSimplex Group, LLC, market appreciation, and institutional net inflows, partially offset by net outflows in open-end funds. In addition, the company provided services to $2.6 billion of other fee-earning assets, which are not included in assets under management.

Assets Under Management (unaudited)
($ in millions)
By Product Type:	June 30, 2023			May 31, 2023			March 31, 2023
Open-End Funds (1)	$	56,828		$	55,038		$	53,865
Closed-End Funds		10,166			9,965			10,358
Retail Separate Accounts		38,992			36,622			37,397
Institutional Accounts (2)		62,330			59,282			53,229
Total	$	168,316		$	160,907		$	154,849
(1) Represents assets under management of U.S. retail funds, global funds, exchange traded funds, and variable insurance funds
(2) Represents assets under management of institutional separate and commingled accounts including structured products

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

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Sean Rourke

(860) 263-4709

sean.rourke@virtus.com

Source: Virtus Investment Partners