Seix Investment Advisors, an affiliate of Virtus Investment Partners, Inc. (NASDAQ: VRTS) that managed $21.3 billion of fixed-income assets as of December 31, 2018, announced the closing of Mountain View CLO XIV, a $404.7 million collateralized loan obligation (CLO).

Mountain View CLO XIV is a managed cash flow CLO whose issued notes are collateralized primarily by broadly syndicated leveraged loans. The CLO has a one-year non-call provision and a two-year reinvestment period with a final maturity of 10 years. George K. Goudelias, managing director, head of leveraged finance at Seix, is the portfolio manager of the CLO.

With the closing of Mountain View CLO XIV, Seix, which launched its leveraged loan strategy in 2006, manages eight CLOs with approximately $3.5 billion in assets.

BNP Paribas was the sole structuring and placement agent for this transaction.

About Seix Advisors Seix Investment Advisors is an investment management boutique and affiliated manager of Virtus Investment Partners that has been focused exclusively on managing fixed income securities since 1992. Seix seeks to generate competitive absolute and relative risk-adjusted returns over the full market cycle through a bottom-up focused, top-down aware process. Seix employs multi-dimensional approaches based on strict portfolio construction methodology, sell disciplines and trading strategies with prudent risk management as a cornerstone. The firm provides investment management services to a client base that includes endowments, foundations, corporations, healthcare organizations, public funds, insurance companies, and high net worth individuals, in the US and abroad.

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. Virtus offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs, and provides products and services through affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. In addition to Seix Investment Advisors, its affiliated managers include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, Rampart Investment Management, Silvant Capital Management, Sustainable Growth Advisers, and Virtus ETF Solutions. Additional information is available at virtus.com.