Stone Harbor Investment Partners

Jim Craige is chief investment officer, head of emerging markets, and co-founder of Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners. In this role. Mr. Craige heads a team that manages emerging markets and global high yield portfolios for institutions including public and private pension plans, sovereign wealth funds, and insurance companies globally.

Prior to helping found Stone Harbor in 2006, Mr. Craige was a managing director and senior portfolio manager for emerging markets debt, and a member of the investment policy committee at Citigroup Asset Management. He held similar positions at Salomon Brothers, which he joined in 1992, prior to it being purchased by Citigroup in 1998. He began his career as a fixed income trading associate at Lehman Brothers in 1989.

Mr. Craige earned a B.S. in finance from the University of Vermont and serves on the Board of Advisors for the Grossman School of Business. He is a Chartered Financial Analyst® (CFA®) charterholder and member of the CFA Institute and the CFA Society New York. He began working in the investment industry in 1988.

Stuart Sclater-Booth is deputy chief investment officer and a portfolio manager for emerging markets debt, global sovereign, and asset allocation at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 2014, Mr. Sclater-Booth was a managing director / head of emerging markets desk strategy at Goldman Sachs. Before joining Goldman Sachs, he served as executive director / global head of emerging markets macro strategy at J.P. Morgan Chase Securities. There, he held a series of roles, including executive director of emerging markets proprietary trading and vice president / head of trade strategy. Earlier in his career, Mr. Sclater-Booth was a research assistant in the U.S. macro research department at PaineWebber and an assistant economist in the domestic research department at the Federal Reserve Bank of New York.

Mr. Sclater-Booth earned a B.A. in economics from Vassar College and an M.A. in economics from Boston University. He began working in the investment industry in 1992.

Darin Batchman is a portfolio manager for emerging markets corporate debt at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 2011, Mr. Batchman was a director of Latin America integrated credit trading at Deutsche Bank Securities where he was responsible for structured debt and equity transactions for Latin American corporates, as well as managing all phases of transactions including initial pitches, pricing, due diligence, legal documentation, and syndication. Before joining Deutsche Bank, Mr. Batchman held roles as a director and senior vice president of equity strategies at Lehman Brothers, Inc. / Barclays Capital and as an associate director of emerging markets fixed income research at Bear Stearns & Co. Inc. In previous roles, Mr. Batchman served as an emerging markets fixed income analyst at Orix USA, and subsequently as a vice president and head of emerging markets corporate research at BCP Securities. Earlier in his career, Mr. Batchman was a high yield research associate in the emerging markets group at Credit Suisse First Boston/ Donaldson, Lufkin & Jenrette and held the role of high yield research associate at the Banque Nationale de Paris in New York. He began his career as an investment banking associate at Deutsche Bank Securities.

Mr. Batchman earned a B.S. in business administration from Kansas State University and an M.B.A with an emphasis in finance from the Leonard N. Stern School of Business at New York University. He began working in the investment industry in 1997.

Gerald Culmone is a portfolio manager and trader for investment grade at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC ("VFIA").

Prior to joining Newfleet in 2023, Mr. Culmone was a portfolio manager for investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have trading and portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Culmone was a director and portfolio manager for Citigroup Asset Management responsible for U.S. fixed income. Prior to Citigroup, Mr. Culmone served as a fixed income trader and portfolio manager for Smith Barney Capital Management where he co-managed balanced accounts and separately managed institutional bond portfolios. Prior to that, he was a fixed income trader and municipal liaison for Smith Barney Inc. Earlier in his career, Mr. Culmone held the role of an account executive for Moore & Scheley Municipals. He began his career as an associate financial analyst at the Westinghouse Elevator Company.

Mr. Culmone earned a B.S. in finance from Rider College. He began his career in the investment industry in 1988.

Kumaran Damodaran is a portfolio manager for emerging markets debt, global sovereign, and asset allocation at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 2015, Mr. Damodaran was the lead emerging markets macro portfolio manager at GLG Partners in London. Previously, he was an executive vice president and emerging markets portfolio manager at PIMCO in Newport Beach, California. Before joining PIMCO, Mr. Damodaran was a senior vice president and trader in Latin American local market rates at Lehman Brothers in New York. Earlier in his career, he served as a director at Credit Suisse where he held various positions in emerging markets credit, rates, and currency derivatives trading in both London and New York.

Mr. Damodaran earned a Ph.D. in theoretical physics from Cambridge University as a Marshall Scholar and National Science Foundation graduate fellow. He earned an A.B. in physics with a certificate in applied and computational mathematics from Princeton University. He began working in the investment industry in 2000.

Matthew Kearns is a portfolio manager for U.S. and Euro high yield at Stone Harbor Investment Partners, and affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 1997, Mr. Kearns was an analyst at Citigroup Asset Management evaluating corporate securities where he was responsible for covering the broadcasting, entertainment / leisure, towers, publishing, chemicals, and utilities industries.

Mr. Kearns earned a B.S. in economics and political science from Duke University. He is a Chartered Financial Analyst® (CFA®) charterholder and a member of the CFA Institute and CFA Society New York. He began working in the investment industry in 1997.

Richard Lange is a portfolio manager for emerging markets corporate debt at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 2010, Mr. Lange was as a trader for Autonomy Capital Group in London where he was responsible for private equity and debt investments in emerging market corporates. Before joining Autonomy Capital, Mr. Lange was the director for Latin America corporate credit trading at Deutsche Bank.

Mr. Lange earned a B.A. in finance and accounting from the Institut Commercial Superieur in Paris and an M.B.A. from the executive program at Columbia University. He began working in the investment industry in 2002.

Roger Lavan, CFA, is a portfolio manager for the Multi-Asset Credit Strategies and securitized products sector manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Lavan was a portfolio manager for multi-sector strategies/investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Lavan was a managing director and senior portfolio manager responsible for U.S. governments, mortgages, and asset-backed securities at Citigroup Asset Management. Previously, Mr. Lavan served as an investment policy committee member at Salomon Brothers Asset Management and as a research analyst for institutional investment grade fixed income for Salomon Brothers Inc.

Mr. Lavan earned a B.S. in management from State University of New York at Geneseo and an M.B.A from Fordham University. He is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 1985.

David Oliver is a portfolio manager for emerging markets debt, global sovereign at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor in 2008, Mr. Oliver was a managing director for sales and trading in emerging markets debt at Citigroup Global Markets.

Mr. Oliver earned a B.A. from Northwestern University, an M.A from the University of Delaware, and an M.B.A. from the Tuck School of Business at Dartmouth College. He is a Chartered Financial Analyst® (CFA®) charterholder and a member of the CFA Institute and the CFA Society New York. He began working in the investment industry in 1986.

David Scott is a portfolio manager for the Multi-Asset Credit Strategies and developed markets sector manager at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Scott was a portfolio manager for multi-sector strategies and investment grade as part of the Multi-Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Scott was a managing director, investment policy committee member and head of the traditional investment group responsible for the traditional bond product at Salomon Brothers Asset Management. Prior to that, he served as a global fixed income portfolio manager at J.P. Morgan Investment Management. Earlier in his career, Mr. Scott served as a U.S. dollar portfolio manager at Mercury Asset Management and held the role of a consultant actuary for the Wyatt Company.

Mr. Scott earned a B.Sc. in mathematics and economics from Nottingham University in England. He began his career in the investment industry in 1983.

Andrew Seidel is a portfolio manager for emerging markets debt, sovereign at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Mr. Seidel earned a B.S. in finance from the University of Vermont. He is a Chartered Financial Analyst^® (CFA^®) charterholder and a member of the CFA Institute and the CFA Society New York. He began working in the investment industry in 2009 when he joined Stone Harbor.

David Torchia is managing director, senior portfolio manager for the Multi Asset Credit Strategies, and investment grade corporate sector co-head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”).

Prior to joining Newfleet in 2023, Mr. Torchia was a portfolio manager for multi-sector strategies / investment grade as part of the Multi Asset Credit Team at Stone Harbor Investment Partners, a division of VFIA. He continues to have portfolio management responsibilities for Stone Harbor branded accounts under both the Newfleet and Stone Harbor divisions of VFIA. Before joining Stone Harbor, Mr. Torchia 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 his career in the investment industry in 1984.

Steffen Reichold is a portfolio manager and emerging markets economist at Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners.

Prior to joining Stone Harbor, Mr. Reichold served as an economist for the Asia and Pacific Department as well as an economist for Policy Development and Review at the International Monetary Fund.

Mr. Reichold earned an M.Phil in economics from Johann Wolfgang Goethe-Universität in Frankfurt, Germany and an M.A. and Ph.D. in economics from Columbia University. He began working in the investment industry in 2002.

Eric Hess, CFA, is a senior managing director, portfolio manager and high yield sector co-head at Newfleet Asset Management, a division of Virtus Fixed Income Advisers, LLC (“VFIA”). He is also responsible for credit research of the energy sector. In addition, Mr. Hess is portfolio manager of the Newfleet High Yield and Short Duration High Income strategies.

Prior to joining Newfleet in 2011, Mr. Hess was on the fixed income team at Goodwin Capital Advisers. He joined Goodwin Capital’s corporate credit research group in 2010. Previous to joining Goodwin, he was a credit analyst for The Travelers Companies.

Mr. Hess earned a B.B.A. in finance from the University of Notre Dame, and he is a CFA® (Chartered Financial Analyst®) charterholder. He began his career in the investment industry in 2006.