Virtus Investment Partners completed the acquisition of 35% staje in Crescent Cove.

Virtus Investment Partners, a multi-manager asset management company, completed the acquisition of 35% staje in Crescent Cove, a San Francisco-based firm providing private capital solutions to middle market technology companies. Financial terms were not disclosed. “Crescent Cove offers a compelling opportunity for investors to gain exposure to the venture and growth credit asset class in a risk-managed way. What began as a $10 million fund has been transformed by Crescent Cove’s founder into an impressive growth-lending platform,” George R. Aylward, Virtus President and CEO.