Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
AYLWARD GEORGE R JR
  2. Issuer Name and Ticker or Trading Symbol
VIRTUS INVESTMENT PARTNERS, INC. [VRTS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, CEO and Director
(Last)
(First)
(Middle)
C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2009
(Street)

HARTFORD, CT 06103
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share               143 (1) D  
Common Stock, par value $0.01 per share               70 I By 401(k) (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) 01/02/2009   J V 13,042.213     (4)   (4) Common Stock 13,042.213 (5) 13,042.213 D  
Restricted Stock Units (3) 01/02/2009   J V 7,808.397     (6)   (6) Common Stock 7,808.397 (5) 7,808.397 D  
Restricted Stock Units (3) 01/02/2009   J V 1,617.923     (7)   (7) Common Stock 1,617.923 (5) 1,617.923 D  
Stock Option (Right to Buy) $ 44.59 01/02/2009   J V 2,361     (8) 06/25/2012 Common Stock 2,361 (9) 2,361 D  
Stock Option (Right to Buy) $ 29.81 01/02/2009   J V 7,266     (8) 11/04/2014 Common Stock 7,266 (9) 7,266 D  
Stock Option (Right to Buy) $ 39.89 01/02/2009   J V 9,082     (10) 02/02/2016 Common Stock 9,082 (9) 9,082 D  
Stock Option (Right to Buy) $ 40 01/02/2009   J V 10,899     (11) 02/08/2017 Common Stock 10,899 (9) 10,899 D  
Stock Option (Right to Buy) $ 31.38 01/02/2009   J V 19,521     (12) 02/13/2018 Common Stock 19,521 (9) 19,521 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
AYLWARD GEORGE R JR
C/O VIRTUS INVESTMENT PARTNERS, INC.
100 PEARL STREET
HARTFORD, CT 06103
  X     President, CEO and Director  

Signatures

 /s/ Kevin J. Carr, Attorney-in-Fact   01/06/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In connection with the spin-off by Phoenix Companies, Inc. ("PNX") of the Issuer and as part of the pro rata distribution of 100% of the outstanding shares of the Issuer's common stock, the Reporting Person received one share of Issuer common stock for every 20 shares of PNX common stock held as of the record date of the spin-off.
(2) Information regarding stock equivalents held under the Issuer's Savings and Investment Plan presented as of December 31, 2008.
(3) The Restricted Stock Units ("RSUs") convert to common stock of the Issuer on a one-for-one basis.
(4) These RSUs will cliff vest on September 5, 2010.
(5) These RSUs were previously granted to the Reporting Person under a PNX equity plan and, in connection with the spin-off by PNX of the Issuer, were converted into RSUs of the Issuer in accordance with the Employee Matters Agreement, dated December 18, 2008, between the Issuer and PNX.
(6) These RSUs will cliff vest on February 13, 2011.
(7) These RSUs will vest in two equal increments on March 5, 2009 and March 5, 2010.
(8) This option is currently vested and exercisable.
(9) These options were previously granted to the Reporting Person under a PNX equity plan and, in connection with the spin-off by PNX of the Issuer, were converted into options to purchase common stock of the Issuer in accordance with the Employee Matters Agreement, dated December 18, 2008, between the Issuer and PNX.
(10) This option is vested with respect to 6,055 of the underlying shares. The remaining portion of the option covering 3,027 shares will vest on February 2, 2009.
(11) This option is vested with respect to 3,633 of the underlying shares. The remaining portion of the option covering 7,266 shares will vest in equal increments on February 8, 2009 and February 8, 2010.
(12) This option will vest in one-third increments on February 13, 2009, February 13, 2010, and February 13, 2011.

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