OMAHA, Neb. and PORTLAND, Ore., Dec.
17, 2014 /PRNewswire/ -- FolioMetrix announces that Grail
Partners has led the next round of growth funding, purchasing a
significant minority interest in the firm in partnership with
existing outside investors.
Grail Partners founder and Managing Partner Donald Putnam said,
"We invested with the company because we believe FolioMetrix's
Tactical Investing approach serves a huge need in a non-traditional
way, and it is our pleasure to be involved as this company contends
with accelerating market acceptance. The Chalice Fund, a venture
fund managed by Grail partners, is leading the latest round of
investment in FolioMetrix, in partnership with existing outside
investors, and we look forward to decades of success with
FolioMetrix co-founders Greg
Rutherford, Jerry Murphey,
and their team."
"Our risk intelligent portfolios have been able to adapt to
changing markets, and that really resonates with financial advisors
and their clients," noted Jerry
Murphey, co-founder and CEO of FolioMetrix. "With
additional financial and intellectual capital, we are a stronger
company. Our goal is to help advisors design smarter portfolios for
their clients. Although the investment world has changed
dramatically in the last few years, most investor portfolios have
not evolved to meet the challenges."
The Grail team has over 130 years of collective experience in
financial services and has completed more than 200 advisory or
principal transactions. Other Grail portfolio companies include:
United Capital, a rapidly growing nationwide financial planning
firm, Hillcrest, a U.S. small / mid cap value
manager; Manifold Partners, a quantitative equity firm;
Welton Investment Partners, a leading managed futures/global macro
firm; and technology firms SoFi, AllClear ID and Credit Sesame.
Separately, FolioMetrix is announcing that its line of mutual
funds- The RiskX Funds- have exceeded $200
Million in Assets Under Management as of December 2, 2014
About FolioMetrix
FolioMetrix is an investment
management research company and the creator of a diverse line of
tactical asset management products and distribution programs for
Portfolio Managers, Financial Advisors and Institutions across the
United States. Over the past two decades, FolioMetrix's
executives have worked with a diverse network of industry thought
leaders to evolve how portfolios are diversified and delivered.
FolioMetrix was founded in 2009. In 2013, after dedicating more
than four years of research and development, the Company launched
RiskX one of the industry's first liquid '40 Act mutual fund
platforms totally dedicated to tactical asset management.
FolioMetrix's team includes investment management,
research and distribution professionals, as well as select
portfolio managers, tactical strategists, technology providers and
productivity experts committed to delivering a powerful combination
of personalized, professional advice and risk intelligent
portfolios to investors, regardless of account size.
For more information, please visit www.foliometrix.com.
An investor should consider the investment objectives, risks,
and charges and expenses of the Funds carefully before investing.
The prospectus contains this and other information about the Funds.
A copy of the prospectus is available at www.ncfunds.com
or by calling Shareholder Services at 1-800-773-3863. The
prospectus should be read carefully before investing. All investing
is subject to risk, including the loss of your principal.
The RiskX Funds are distributed by Capital
Investment Group, Inc., Member FINRA/SIPC, 17 Glenwood Ave.,
Raleigh, NC 27603. There is no
affiliation between FolioMetrix, LLC, including its
principals, and Capital Investment Group, Inc.
CONTACT:
|
Erin
Hershkowitz
|
|
JCPR
|
|
973.647.4177
|
|
ehershkowitz@jcprinc.com
|
Photo - http://photos.prnewswire.com/prnh/20141216/164809
SOURCE FolioMetrix