Stone Harbor Investment Partners
Stone Harbor is an emerging markets debt manager with three decades of informed experience allocating risk in complex areas of the fixed income markets.
Collaboration and Consistency Are Key to Building Long-Term Value
Stone Harbor’s investment team – portfolio managers, credit analysts, economists, quantitative analysts, and risk management professionals – engages in disciplined and regular collaboration to carefully construct their global macroeconomic outlook and strategic allocation framework. Stone Harbor is a research-driven firm, drilling deeply into the fundamentals to determine the attractiveness of individual credits, currencies, interest rates, and yield curves to find the best investments within select asset classes.
Stone Harbor Investment Partners is a division of Virtus Fixed Income Advisers, LLC (“VFIA”), an SEC registered investment adviser.
Completion Funds
Mutual Funds
Institutional Investments
Closed-End Funds
UCITS
Exchange-Traded Funds
Collective Investment Trust
For information about CITs, please call Virtus Retirement Sales Support at 860-263-4956.
Investment Professionals

James E. Craige, CFA
Chief Investment Officer, Head of Emerging Markets
Industry Start Date: 1988
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
Deputy Chief Investment Officer and Portfolio Manager
Industry Start Date: 1992
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
Portfolio Manager, Emerging Markets Corporate Debt
Industry Start Date: 1997
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.
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
Portfolio Manager, Multi-Sector Strategies / Investment Grade
Industry Start Date: 1985
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 Scott
Portfolio Manager—Multi-Asset Credit Strategies, Developed Markets Sector Manager
Industry Start Date: 1983
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, CFA
Portfolio Manager, Emerging Markets Debt, Sovereign
Industry Start Date: 2009
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.
Steffen Reichold, Ph.D.
Portfolio Manager/Emerging Markets Economist
Industry Start Date: 2002
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.
Each trust referenced is a trust for the collective investment of assets or participating tax qualified pension and profit sharing plans and related trusts and governmental plans, as more fully described in the respective Declaration of Trust. As bank collective trusts, these CITs are exempt from registration as investment companies. Each trust referenced is managed by Global Trust Company, the trustee, based on the investment advice of Stone Harbor Investment Partners, the investment adviser to the trusts.
Investing involves risk including loss of principal. There is no guarantee that the goals of a Collective Investment Trust will be met.
Please consider a Fund’s investment objectives, risks, charges, and expenses carefully before investing. For this and other information about any Virtus Fund, contact your financial professional, call 800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.