www.HartfordBusiness.com • May 13, 2019 • Hartford Business Journal 19
Corporate
Profile
Virtus Investment
Partners Inc.
One Financial Plaza,
Hartford, CT, 06103
www.virtus.com
Virtus Investment
Partners Inc. is a
publicly owned in-
vestment manager.
2016 2017 2018
$0
$100
$200
$300
$400
$500
$600
In
millions
of
dollars
Profits Revenues
$48.5M
$28.7M
$67.2M
$48.5M
$28.7M
$67.2M
$322.6M
$425.6M
$552.2M
News Headlines
■ ■ Virtus Investment Partners Inc. in
February introduced a new corporate
brand identity and redesigned logo.
■ ■ Virtus' board declared a cash dividend
of 55 cents per share on its common stock
for the first quarter of 2019.
■ ■ In one of the most significant
commercial real estate deals in 2018,
Virtus moved its downtown Hartford
headquarters from 101 Pearl Street to
about 65,000 square feet in the Gold
Building at One Financial Plaza.
Corporate suite
Stock Non-equity
Exec. Salary Bonus Awards Incentive Total
George R. Aylward
President/CEO $550,000 $0 $2,250,000 $1,600,000 $4,413,750
Michael A. Angerthal
Executive VP/CFO $375,000 $0 $400,000 $2,100,000 $2,888,936
Barry M. Mandinach
Executive VP/Head of distribution $415,000 $0 $400,000 $1,550,000 $2,428,750
Profits and Revenues
Fact box
Industry: Financial services
1Q 2019 Revenue: $130.7M
1Q 2019 Net Income: $19.7M
4Q 2017 Net Income: $21.2M
Quarterly Profit Change: -($1.5M)
Cash: $197.7M
Employees: 577
Competitors: FMR LLC
The Hartford Financial Services
Group Inc.
Affiliated Managers Group Inc.
Stock watch
Ticker Symbol VRTS
Market Cap $835.5M
52 Week Range Price $70.00 – $138.03
Outstanding Shares 6.98M
Top institutional investors
Shares % Stake
Blackrock Inc. 1,075,246 15.42
Vanguard Group Inc. 703,204 10.08
Dimensional Fund Advisors LP 562,751 8.07
George R. Aylward,
President & CEO
www.cocommunications.com
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