Loading organizations...
GLO has raised $30.0M across 1 funding round.
Key people at GLO.
GLO has raised $30.0M in total across 1 funding round.
GLO operates as a digital health and wellness platform that provides online guided fitness, mindfulness, and meditation classes to a distributed global consumer base. The organization delivers a comprehensive digital library of virtual instruction covering various physical and mental disciplines, including traditional yoga, Pilates, and general home fitness practices. Subscribers access these on-demand and live wellness sessions through the company's proprietary web and mobile applications, allowing for remote participation directly from their residential settings. Operating within the broader consumer fitness technology sector, the platform integrates community support features designed to facilitate sustained engagement and routine building among its active user base. While specific operational metrics regarding total venture funding raised, current enterprise valuation, and exact employee counts remain publicly undisclosed, the privately held entity continues to expand its digital content catalog for international users.
GLO has raised $30.0M in total across 1 funding round.
GLO's investors include Energy Future Invest, Foundation Asset Management, Nano Future Invest, Teknoinvest, Bart Markus.
Clough Global Opportunities Fund (GLO) is a closed-end balanced mutual fund launched in 2006 by Clough Capital Partners L.P., focusing on delivering a high level of total return through global investments in public equities and fixed income securities across diversified sectors.[1][2][5] It employs a fundamental research-driven process combined with quantitative analysis and bottom-up stock picking, targeting both investment-grade and non-investment-grade issues in U.S. and non-U.S. markets, including equity-related instruments like swaps and options.[1][2] As an investment firm product, GLO operates within the asset management industry under the financials sector, with key executives including CEO Edmund Burke and a portfolio management team led by Charles I. Clough, Jr., CFA (Chairman and CIO) and Bill Whelan.[1][5]
GLO's investment philosophy emphasizes global diversification without market cap restrictions, aiming for total return via a flexible allocation—currently around 38.67% in disclosed holdings (delayed by policy)—and regular distributions.[2][5] It influences the investment ecosystem by providing retail and institutional access (70 owners holding ~23.7 million shares) to a research-intensive strategy from Clough Capital, a firm with expertise in alternative strategies across public and private markets.[3][5]
GLO was formed on January 12, 2006, and domiciled in the United States, managed by Clough Capital Partners L.P., a global research-driven investment firm.[1][5] The fund emerged from Clough Capital's evolution, founded by industry veteran Charles I. Clough, Jr., CFA, who brings over 59 years of experience, including prior roles as Chief Global Investment Strategist at Merrill Lynch (1987-1999), where he advised top institutions.[5] Key partners include Bill Whelan, who joined in 2014 with 19+ years in investment management from firms like Partners Capital, Millennium Management, and Fidelity, becoming Co-Portfolio Manager in 2023.[5]
Clough Capital's focus has broadened to alternative strategies, including closed-end funds like GLO, reflecting a shift toward flexible, multi-asset global opportunities amid evolving markets.[5] Early traction built on Clough's established track record, with GLO trading on NYSE American and maintaining consistent SEC filings, such as monthly NPORT-P reports and proxy statements through 2025.[1]
(Note: A separate faith-based real estate firm, Glo Investment Group, exists but does not match GLO's stock ticker or primary profiles.[4])
While GLO invests across diversified sectors (not tech-exclusive), it rides trends in global allocation closed-end funds (CEFs), capitalizing on market volatility, interest rate shifts, and equity-fixed income blending for uncorrelated returns.[1][2] Timing aligns with post-2020s recovery, where CEFs like GLO trade at discounts/premiums to NAV, offering yield-hungry investors access to non-U.S. opportunities amid U.S. financials dominance.[2][3] Favorable forces include rising institutional interest (9% share growth MRQ) and Clough's quantitative edge in fragmented global markets.[3][5]
GLO influences the ecosystem by democratizing sophisticated strategies—originally for institutions—via public trading, supporting broader asset management innovation like ETFs, and providing liquidity/stability in allocation funds.[5]
GLO's path forward hinges on Clough Capital's navigation of 2026+ rate environments, geopolitical shifts, and AI-driven equity rallies, potentially boosting its global equity tilt while fixed income hedges volatility.[2][5] Expect sustained distributions and modest NAV growth if discount narrows, shaped by trends like multi-asset ETFs and passive-to-active rotation; influence may grow via Clough's private market expansion.[3][5] As a resilient 20-year CEF, GLO remains a steady play for total return seekers in uncertain globals, echoing its foundational research-driven mission.[1][2]
GLO has raised $30.0M across 1 funding round. Most recently, it raised $30.0M Series D in March 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 19, 2014 | $30M Series D | — | Energy Future Invest, Foundation Asset Management, Nano Future Invest, Teknoinvest, Bart Markus | Announced |
Key people at GLO.
