Multi-asset financial service provider Virtu Financial will sponsor Maria Costa, a professional equestrian show jumper who is preparing to compete in the Olympics and other prestigious competitions.
Grand Prix Victories
Maria Costa has a glittering career adorned with Grand Prix victories and notable appearances in Nations Cup competitions. Her current training reportedly focuses on representing the US in forthcoming Nations Cup events, the 2026 World Equestrian Games in Aachen, Germany, the 2027 Pan American Games in Barranquilla, Colombia, and, ultimately, the 2028 Olympic Games in Los Angeles, California.
Speaking about the sponsorship deal, Douglas Cifu, Virtu's Chief Executive Officer, said: “Maria is an accomplished athlete and exceptional role model. She is well on her way to future success on the international show jumping stage, including representing the United States at the 2028 Olympics. Virtu is proud and honored to help support Maria in the quest to achieve her championship goals.”
Virtu Financial's products and services include execution , liquidity sourcing, analytics, and broker-neutral platforms that serve clients across more than 50 countries and multiple asset classes such as equities , ETFs, foreign exchange, futures, fixed income, cryptocurrency, and other commodities.
Virtu Financial's Recent Developments
In June, Virtu Financial disclosed that it was seeking $500 million in debt financing to restructure an initial debt. According to the firm, this step aims to optimize Virtu Financial's financial position by repaying existing debt and positioning the company for growth.
Notably, Virtu Financial announced that it will offer $500 million in senior first lien notes through its subsidiaries, VFH Parent LLC and Valor Co-Issuer. This private offering sought to repay $500 million of the existing senior secured first-lien term loan facility.
Elsewhere, in a financial report for the first quarter, Virtu Financial reported a net income of $111 million and a normalized adjusted net income of $124 million. The company's total revenues boosted these figures, jumping to $642 million thanks to a notable trading net income of $408 million. Virtu's net income margin was 17%.
