Last updated: 15:00 / Wednesday, 5 January 2022
A long-term strategy

Shelton Capital Management Acquires Vitruvian Capital Management

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  • As part of the transaction, Vitruvian Managing Partner Derek Izuel will serve as Shelton Capital’s Chief Investment Officer
  • Shelton Capital will add domestic and international strategies to its product lineup.
  • This acquisition follows several of Shelton’s strategic transactions, most recently its partnership with ICON Advisers in February 2020

Shelton Capital Management has acquired Vitruvian Capital Management, both firms announced in a press release. Through the acquisition, Shelton Capital will add domestic and international strategies to its product lineup.

As part of the transaction, Vitruvian Managing Partner Derek Izuel, CFA will serve as Shelton Capital’s Chief Investment Officer effective January 3, 2022. Along with his role as CIO, Izuel will work with Vitruvian Partner and Analyst Justin Sheetz, CFA as co-portfolio managers of the existing Shelton International Select Equity Fund and the Shelton Emerging Markets Fund.

“As an independent investment management firm, we are continuously seeking opportunities to strategically grow our business and enhance our investment services for the benefit of our investors. Vitruvian is a powerful and complementary addition to our organization, and we are very pleased to have the entire investment team join us and continue to successfully manage their unique and highly regarded strategies", ” said Steve Rogers, CEO of Shelton Capital Management.

In his view, this transaction is part of the firm’s long-term strategy of building scale organically and through acquisitions. "Adding the Vitruvian investment team and products to our existing equity platform is a great strategic fit", he concluded.

Founded in 2018, Vitruvian Capital Management is a private SEC-Registered Investment Advisor based in San Francisco, offering unique investment products in domestic and international equities. Consistent with Shelton Capital Management’s client base, Vitruvian has focused on serving the distinct needs of high-net-worth individuals, RIAs, Institutional Investors and Family Offices.

This acquisition follows several of Shelton’s strategic transactions, most recently its partnership with ICON Advisers in February 2020.

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