Virtus Investment Partners acquired Rampart Investment Management, a transaction completed in October 2012.
Rampart Investment Management operates in Options-based strategies, is based in Boston, MA. Virtus acquired the business and assets of Boston-based Rampart Investment Management, an adviser specializing in systematic, disciplined options-based strategies. Rampart became one of Virtus's affiliated managers, extending the platform into options-overlay and volatility-oriented solutions. Terms were not disclosed.
Broadened Virtus's affiliated-manager lineup with a distinct options/volatility capability that complemented its equity and fixed-income boutiques.
Distinct options/volatility skill set not otherwise present on the platform. Operated as affiliated manager Rampart Investment Management
Advisory firms were not disclosed for this transaction.