HARTFORD, Conn., Sept. 17, 2019 /PRNewswire/ -- Virtus Investment
Partners (NASDAQ: VRTS), which operates a multi-boutique asset
management business, today announced that Wendy Hills has
joined the company as executive vice president, chief legal
officer, general counsel and corporate secretary.
Hills, who has two decades of business and legal experience in
the asset management industry, most recently as executive vice
president, chief legal officer, general counsel and corporate
secretary at Waddell & Reed Financial, Inc., will be the
company's chief legal officer, responsible for developing and
guiding the strategic direction of the legal, regulatory and
compliance functions. She also will act as corporate secretary
providing counsel to the Board of Directors on corporate governance
"Wendy's extensive knowledge of the asset management industry
and her leadership experience will be valuable to us as we execute
on our long-term growth strategy and leverage the strengths of our
business model and the capabilities of our affiliated boutique
managers," said George R. Aylward,
president and chief executive officer. "She has been a respected
advisor and partner to senior leaders and corporate directors. We
are pleased to have an executive with Wendy's versatile legal
skills and expertise as a member of our management team."
Hills joined Waddell & Reed in1998 in mutual fund compliance
and was promoted to increasingly responsible positions within the
law department. She was named vice president, associate general
counsel and secretary in 2005 and senior vice president, general
counsel and chief legal officer in 2014. She began her career as an
attorney in private practice at a Wichita, Kansas law firm focused on corporate
and securities law.
She earned a J.D. from the University of
Kansas School of Law following a bachelor's degree in
architectural studies from the University of
Kansas School of Architecture. Hills served as a member of
the Joint Underwriting and Risk Management Committee of ICI Mutual,
an insurance company that serves the mutual fund industry, from
2016 to 2018. A long-term supporter of charitable organizations in
the local community, she served as an advisory committee member for
Operation Breakthrough, a Kansas
City-based organization that provides early childhood
education and services for families living below the federal
poverty level, and a founder and board member of Ginger's Tomorrow,
which provides funding for lupus research.
About Virtus Investment Partners, Inc.
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. Its affiliates include Ceredex Value
Advisors, Duff & Phelps Investment Management, 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 Virtus Investment Partners, Inc.