Virtus Pushes Into Private Markets With Majority Stake in Keystone

Key Takeaways Virtus will acquire a majority interest in Keystone for up to $370 million. The deal adds Keystone's asset-backed lending strategies spanning equipment, real estate and financial assets.The transaction is expected to close in early 2026 and be accretive to VRTS earnings that same year. Virtus Investment Partners, Inc. (VRTS) , entered a definitive agreement to acquire a majority interest in Keystone National Group ("Keystone"), an investment manager specializing in asset-centric private credit ...