News
AllianzGI and Virtus Investment Partners Announce Strategic Partnership in U.S. Retail Market
New York – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Allianz Global Investors (AllianzGI), a leading global active asset manager, in a strategic partnership with Virtus Investment Partners.
Central to the partnership, Virtus will become the investment adviser, distributor and/or administrator of AllianzGI’s approximately $23 billion in open-end, closed-end and retail separate account assets. AllianzGI teams will continue to manage the strategies in a subadvisory capacity, providing continuity for AllianzGI’s U.S. retail clients.
The Paul Hastings team was led by Investment Management partner
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.