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Virtus Investment Partners, Inc. (VRTS) CEO George Aylward on Q1 2020 Results - Earnings Call Transcript

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Virtus Investment Partners, Inc. (NASDAQ:VRTS) Q1 2020 Earnings Conference Call May 1, 2020 10:00 AM ET

Company Participants

Sean Rourke - VP, IR

George Aylward - President, CEO & Director

Michael Angerthal - EVP, CFO & Treasurer

Conference Call Participants

Jeremy Campbell - Barclays Bank

Sumeet Mody - Piper Sandler & Co.

Stephanie Ma - Morgan Stanley


Good morning. My name is Crystal, and I will be your conference operator today. I would like to welcome everyone to the Virtus Investment Partners Quarterly Conference Call. The slide presentation for this call is available in the Investor Relations section on the Virtus website, www.virtus.com. This call is also being recorded and will be available for replay on the Virtus website. [Operator Instructions].

I will now turn the conference over to your host, Sean Rourke.

Sean Rourke

Thank you, and good morning, everyone. On behalf of Virtus Investment Partners, I'd like to welcome you to the discussion of our operating and financial results for the first quarter of 2020. Our speakers today are George Aylward, President and CEO of Virtus; and Mike Angerthal, Chief Financial Officer. Following the prepared remarks, we will have a Q&A period.

Before we begin, I direct your attention to the important disclosures on Page 2 of the slide presentation that accompanies this webcast. Certain matters discussed on this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and as such are subject to known and unknown risks and uncertainties including, but not limited to, those factors set forth in today's news release and discussed in our SEC filings. These risks and uncertainties may cause actual results to differ materially from those discussed in these statements.

In addition to results presented on a GAAP basis, we use certain non-GAAP measures

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