Virtus Partners, LLC, a Houston, Austin, New York, Shanghai and London-based provider of technology-enabled, fixed-income collateral administrative services, received a significant minority investment from Aquiline Capital Partners LLC.
In conjunction with the funding, Vincenzo La Ruffa and Geoff Kalish, investment professionals at Aquiline, and Anthony Abenante, Executive Advisor to Aquiline and former Chief Executive Officer of Instinet Incorporated, will join Virtus’s Board of Managers.
The company intends to use the funds for growth of client base, new product development, and expansion of the platform through strategic acquisitions.
Led by Kelly Faykus, Co-Founder and Managing Partner, Virtus provides to funds and various investment vehicles, including hedge and private equity funds, separate accounts, total return swaps and collateralized loan obligations (CLOs) with an integrated suite of front, middle, and back office fixed-income administrative and analytical services. Its global offering extends across collateral administration services for structured transactions, middle office outsourcing, global loan data, loan agency, accounting and analytics. Today, the company administers over $180 billion in fixed-income assets across its platform.