Virtus Multi-Asset

Paul Pietranico is a senior managing director and chief investment officer of the Virtus Multi-Asset Team of Virtus Investment Advisers, Inc. The Virtus Multi-Asset team manages U.S. mutual funds for Virtus Investment Advisers, Inc. and other portfolios for Virtus Fund Advisers, LLC. As head of the Multi-Asset Team, he leads the investment committee and oversees the research efforts that drive its active asset allocation approach.

Prior to joining Virtus in 2022, Mr. Pietranico was the head of active allocation strategies on Allianz Global Investors’ Multi Asset US team; was the lead portfolio manager for the Multi Asset Income and Global Dynamic Allocation strategies; and oversaw portfolio managers running other active allocation strategies. Prior to joining Allianz Global Investors in 2005, he worked at Charles Schwab & Co., focusing on research related to asset allocation, retirement planning, and investment manager due diligence.

Mr. Pietranico earned a B.S. in physics, an M.A. in philosophy, and an M.S. in engineering economic systems and operations research from Stanford University. He is a chartered Financial Analyst® (CFA®). He began his career in the investment industry in 1995.

Heather Bergman is a managing director and senior portfolio manager with the Virtus Multi-Asset Team of Virtus Investment Advisers, Inc. The Virtus Multi-Asset Team manages U.S. mutual funds for Virtus Investment Advisers, Inc. and other portfolios for Virtus Fund Advisers, LLC. As a member of the Virtus Multi-Asset Team, she manages active asset allocation strategies and investment functions around the mutual fund and 529 portfolios. She focuses on sustainable investing and on research into underlying investment strategies from both internal and external managers, and actively contributes to the Team’s strategic and tactical views.

Prior to joining Virtus in 2022, she was a member of the Multi-Asset US team at Allianz Global Investors, managing Active Allocation strategies, and the investment functions around a 529 portfolio, while contributing to the team’s fundamental research. Prior to joining Allianz Global Investors in 2011, she taught at UCLA. Before that, she was an analyst at a global hedge fund.

Ms. Bergman earned a B.A. from Georgetown University, an M.A. from Columbia University, and a Ph.D. in international political economy from the University of California, Los Angeles. She began her career in the investment industry in 2001.

Kunal Ghosh is a senior managing director and chief investment officer of the Virtus Systematic team of Virtus Investment Advisers, Inc. The Virtus Systematic team manages U.S. mutual funds for Virtus Investment Advisers, Inc. and other portfolios for Virtus Fund Advisers, LLC.

Prior to joining Virtus in 2022, Mr. Ghosh was a portfolio manager and a managing director with Allianz Global Investors, which he joined in 2006. Mr. Ghosh has 20 years of investment industry experience. He was previously a research associate and portfolio manager for Barclays Global Investors, where he built and implemented models for portfolio management. Before that, Mr. Ghosh was a quantitative analyst for the Cayuga Hedge Fund.

Mr. Ghosh earned a B.Tech. from the Indian Institute of Technology, an M.S. in material engineering from the University of British Columbia, and an M.B.A. from Cornell University. He began his career in the investment industry in 2003.

David Torchia is a senior portfolio manager and managing director for multi-sector strategies / investment grade at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners, as well as a senior portfolio manager on the Virtus Multi-Asset team of Virtus Investment Advisers, Inc.

Prior to joining Stone Harbor in 1990, he was a managing director and senior portfolio manager responsible for directing investment policy and strategy for all investment grade U.S. fixed income portfolios at Citigroup Asset Management. Previously, he served as an investment policy committee member at Salomon Brothers Asset Management and as a manager of structured portfolios for the bond portfolio analysis group at Salomon Brothers Inc.

Mr. Torchia earned a B.S. in industrial engineering from the University of Pittsburgh and an M.B.A in finance from Lehigh University. He began working in the investment industry in 1984.

Michael Rothstein is a portfolio manager with the Virtus Multi-Asset team of Virtus Investment Advisers, Inc. The Virtus Multi-Asset team manages U.S. mutual funds for Virtus Investment Advisers, Inc. and other portfolios for Virtus Fund Advisers, LLC. As a member of the Multi-Asset team, he develops and manages dynamic asset allocation strategies.

Prior to joining Virtus in 2022, Mr. Rothstein was head of product specialists for the Multi Asset US team at Allianz Global Investors, and a portfolio manager with Allianz Global Investors, which he joined in 2007. His product specialist and portfolio management responsibilities were focused on managed futures and active allocation strategies. Previously, Mr. Rothstein was an investment analyst for the firm, in the product development and monitoring group where he focused on investment-manager due diligence; before that, he was an investment specialist. Prior to joining Allianz Global Investors in 2007, he was a Financial Advisor at AG Edwards & Sons Inc.

Mr. Rothstein earned a B.S. in finance from Ramapo College and an M.B.A. in statistics from Baruch College. He is a Chartered Financial Analyst® (CFA®) charterholder, a certified Financial Risk Manager (FRM) and a Chartered Alternative Investment Analyst® (CAIA®) charterholder. He began his career in the investment industry in 2006.