
Clough Capital Takes Over Changebridge’s Active ETFs
Clough Capital Partners, a hedge fund that manages $1.3 billion in assets, has entered the active ETF space by assuming management of two actively managed ETFs: The Changebridge Select Equity ETF and the Changebridge Long/Short Equity ETF.
The funds will be formally renamed as Clough ETFs on September 13th, complimenting the Boston-based firm’s existing menu of closed-end funds, hedge funds and separately managed accounts.
Clough also announced that Vince Lorusso has rejoined the firm as president, CEO. Lorusso will remain the portfolio manager for the funds, a role he has held since their listing on the New York Stock Exchange (NYSE) in 2020. He was previously at Natixis Asset Management and Clough Capital before helping to launch Changebridge Capital in 2020.
“The addition of actively managed ETFs under Lorusso’s leadership is a natural extension of the client-centric approach we’ve always taken towards product development and expanding our research capabilities,” said chairman and founder Chuck Clough, will remain as chairman, CIO and portfolio manager at the firm.

