HARTFORD, Conn., Dec. 12, 2018 /PRNewswire/ -- Duff &
Phelps Investment Management Co., an affiliated manager of Virtus
Investment Partners, Inc. (NASDAQ: VRTS), today announced that
Eric Fogarty, CFA has joined the
company as managing director and senior research analyst within the
global listed infrastructure team.
In this position, he will concentrate on the utilities sector.
Fogarty reports directly to David
Grumhaus, executive managing director and head of
infrastructure research.
Prior to joining Duff & Phelps in November, Fogarty spent 18
years at Goldman Sachs Asset Management, where he served as an
investment committee member and portfolio manager for the GSAM
Global Infrastructure Fund. Fogarty also served as the utilities
and consumer staples sector specialist for GSAM's small-, mid-, and
large-cap value and income funds. Additionally, he was the lead
portfolio manager for the US ESG Fund and was a senior member of
the task force charged with integrating ESG factors into GSAM's
investment process. Fogarty previously held roles as a derivatives
specialist, equity fund risk manager, and trader at GSAM, and
started his career at Chase Manhattan Bank in New York. He holds a BS degree in business
administration from Binghamton University and holds the Chartered
Financial Analyst (CFA) designation.
"This is an exciting time at Duff & Phelps as we continue to
strategically build out our investment strategies with industry
veterans," said Grumhaus. "Eric's background and expertise will be
invaluable as we strengthen our Global Listed Infrastructure team.
The recent market volatility, driven by rising interest rates and
inflation fears, has highlighted the strategic benefits of
including real assets within a well-diversified portfolio and the
ways in which they can complement traditional asset classes."
About Duff & Phelps Investment Management
Duff
& Phelps Investment Management Co., a subsidiary of Virtus
Investment Partners and its predecessor company since 1995, began
in 1932 as a fundamental research firm and has been managing assets
since 1979. The firm seeks to provide specialty investment
strategies that enhance client outcomes through active portfolio
management and customized solutions, with a process whose values
include quality, reliability, and specialization. Investment
strategies include global listed infrastructure, US and global real
estate, MLPs and energy, and international equities. As of
September 30, 2018, Duff & Phelps
had $9.8 billion under management in
institutional and retail separate accounts, open- and closed-end
funds, and variable insurance funds. For more information visit
www.dpimc.com.
About Virtus Investment Partners
Virtus Investment
Partners (NASDAQ: VRTS) is a distinctive partnership of boutique
investment managers singularly committed to the long-term success
of individual and institutional investors. The company provides
investment management products and services through its affiliated
managers and select subadvisers, each with a distinct investment
style, autonomous investment process, and individual brand. Virtus
Investment Partners offers access to a variety of investment styles
across multiple disciplines to meet a wide array of investor needs.
In addition to Duff & Phelps Investment Management, its
affiliates include Ceredex Value Advisors, Kayne Anderson Rudnick
Investment Management, Newfleet Asset Management, Rampart
Investment Management, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF Advisers.
Additional information is available at virtus.com.
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SOURCE Duff & Phelps Investment Management Co.