This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Virtus Investment Partners Completes Acquisition Of Rampart Investment Management

HARTFORD, Conn. and BOSTON, Oct. 18, 2012 /PRNewswire/ --  Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, has completed its previously announced acquisition of Rampart Investment Management, adding customized options strategies to its investment capabilities for institutional and high-net-worth clients.

(Logo: http://photos.prnewswire.com/prnh/20090105/NEM020LOGO )

Rampart, a Boston-based registered investment advisor that is led by co-founders Ronald M. Egalka, president and chief investment officer, and David R. Fraley, executive managing director, client services, is now one of Virtus' boutique asset managers. The acquisition adds approximately $1.4 billion to Virtus' long-term assets under management.

Rampart is a long-established provider of customized option strategies for institutional and high-net-worth clients. The company uses systematic and disciplined options solutions, including hedged equity strategies integrated with existing investment programs, to provide additional yield from current equity allocations and manage risk in client portfolios.

As a Virtus affiliate, Rampart maintains its distinctive, independent investment process, dedicated client service functions, and brand. The company has offices in Boston's Financial District.

George R. Aylward, Virtus' president and chief executive officer, said that Rampart's distinctive alpha-generating capabilities complement the investment strategies that Virtus offers through its other affiliated managers and select subadvisers. Rampart's investment strategies will be made available through Virtus' retail and institutional distribution platforms.

"Ron, Dave and the Rampart team are well known for working closely with financial advisors and consultants to develop highly customized solutions for their clients, and we look forward to integrating Rampart's options overlay capabilities within existing investment strategies as well as introducing them in new products," Aylward said.

Egalka noted that Rampart recently launched a new low volatility equity (LVE) strategy for institutional clients who want to enhance portfolio returns while hedging volatility and downside risk. The new LVE strategy complements Rampart's existing capabilities, including strategies that use its proprietary Rampart Options Management System (ROMS®) platform.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,985.61 +78.99 0.47%
S&P 500 1,972.83 +9.12 0.46%
NASDAQ 4,419.0340 +27.5710 0.63%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs