Schulte advised Sustainable Growth Advisers (SGA), an employee-owned investment manager, in its sale of a majority stake to Virtus Investment Partners Inc., which operates as a multi-manager asset management business. SGA has $11.6 billion in assets under management in U.S. and international growth equity strategies. The transaction, in which Virtus will purchase interest held by private equity firm Estancia Capital Management and by SGA's partners, will expand Virtus' investment offerings and diversify and expand its clients base.

The Schulte team advising Sustainable Growth Advisers is led by M&A and securities partner Richard Presutti and associate Lawrence Natke. The team also includes M&A and securities associate Matthew Savoff, tax partner Philippe Benedict and tax special counsel Christine Harlow.