Mergers & Acquisitions

Virtus Investment Partners

10/22
Virtus
AlphaSimplex
Piper Sandler served as buy-side advisor for Virtus Investment Partners Inc. on acquisition of AlphaSimplex from Natixis Investment Managers

Transaction Summary
On October 20th, 2022, Virtus, which operates a multi-boutique asset management business, announced acquisition of AlphaSimplex, a leading manager of liquid alternative investment solutions with $10.9B of AUM as of September 30, 2022, from Natixis Investment Managers. 

Press Release Link

Virtus Investment Partners, Inc.
Headquartered in Hartford, Connecticut, Virtus Investment Partners, Inc. ("Virtus") is a distinctive partnership of boutique investment managers serving institutional and retail clients. Virtus operates a flexible model via a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. Virtus provides investment management products and services from affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisors. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs.

AlphaSimplex Group, LLC
Headquartered in Boston, Massachusetts, AlphaSimplex Group, LLC ("AlphaSimplex") is a leading provider of systematic alternative investment solutions for institutional and retail clients with ~$11B of AUM. AlphaSimplex’s offerings are designed to adapt to changing market dynamics and provide the potential for positive, uncorrelated investment returns. Among AlphaSimplex’s strategies is its flagship trend-following managed futures strategy offered via the 5-star Morningstar rated $3.5B AlphaSimplex Managed Futures Strategy Fund (ASFYX), the third-largest U.S. mutual fund in its category.

Natixis Investment Managers
Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 20 active managers. Ranked among the world's largest asset managers with more than $1.2 trillion (€1.1 trillion) assets under management4, Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Headquartered in Paris and Boston, Natixis Investment Managers is part of the Global Financial Services division of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks. 

Sub-Type
Buy-Side
Sub-Sector
Asset & Wealth Management