Halo Investing Announces over US$ 100m in Funding to Expand Access to Protective Investments
Summary
The latest fundraising round was led by Owl Capital and included the Mubadala-backed US$ 1 billion fund managed by Abu Dhabi Catalyst Partners, in addition to existing investors Allianz Life Ventures and William Blair. For the first time, Halo enables financial advisors to add structured notes, annuities, and buffered ETFs to client portfolios, giving investors simplified access and transparency to investments that bridge the risk gap between stocks and bonds. By providing investors with low-cost and effective protective investment options through advanced technology, Halo grew by 550% in 2020, making it one of the worlds top FinTechs according to Fast Company. "Halos independent platform enables advisors to help individuals effectively manage risk and generate guaranteed income in retirement," said Jasmine Jirele, President and CEO of Allianz Life. Through the Halo platform, financial advisors and investors can easily access structured notes, market-linked CDs, buffered ETFs, and annuities, as well as a suite of tools to educate, analyze, customize, execute, and manage the most suitable protective investment product for their portfolios.