On September 15, 2015, AlphaClone Inc. announced that it had successfully raised $2.25 million in Series A financing from California based fintech-focused venture firm Operative Capital.
AlphaClone, Inc. is a San-Francisco based registered investment advisor and equity research firm. Its investment research and strategies are available to investors through managed accounts and exchange-traded funds. AlphaClone, Inc.’s flag ship index strategy, the AlphaClone Hedge Fund Long/Short Index, has returned an average of 18.36% per year over the 3 year period ended on August 31, 2015. Over the past year, Alpha Clone Inc.’ advised assets has increased fourfold, which now totals $200 million.
To read the news release: please click here.