Virtus Investment Partners Announces a Strategic Minority Interest Investment in Crescent Cove Advisors, LP
Adds Differentiated Private Markets Capability focused on Direct Lending to High-Growth Technology Companies
Virtus Investment Partners, Inc. (NYSE:VRTS), which operates a multi-manager asset management business, today announced it has completed the acquisition of a 35% minority interest in Crescent Cove Advisors, LP ("Crescent Cove"), a San Francisco-based firm providing private capital solutions to middle market technology companies. The transaction broadens Virtus' offerings by adding a differentiated private markets capability focused on lending to high-growth technology companies.
Founded in 2016, Crescent Cove manages approximately $1.0 billion in assets1 across multiple private fun
