NEW YORK--( BUSINESS WIRE )--Investment funds affiliated with Lightyear Capital LLC ("Lightyear"), a New York-based private equity firm focused on financial services investing, today announced a definitive agreement to sell RidgeWorth Holdings LLC, the holding company for RidgeWorth Capital Management LLC ("RidgeWorth"), a multi-boutique asset manager, to Virtus Investment Partners Inc. (NASDAQ: VRTS) ("Virtus"), a multi-manager asset management business, for $472 million. The transaction is not subject to financing and is subject to customary closing conditions.