# Arcadia Funds

Arcadia Funds is an Asset Manager based in Burlington, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Burlington, United States
- **Region:** North America
- **Address:** 20 Mall Road, Suite 420, Burlington, MA 01803, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** arcadiafunds.com
- **LinkedIn:** https://www.linkedin.com/company/arcadia-funds-llc

## Regulatory record

- **CRD number:** 166087
- **SEC file number:** 801-106734
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/166087

## About

Arcadia Funds is an SEC-registered investment adviser in Burlington, MA, registered since 2015. The firm manages approximately $193 million in regulatory assets. It has 9 employees and 8 investment advisers.

## Sectors

- FinTech
- Private Credit
- InsurTech

## People

- Andrew Hallowell — Managing Director & Chief Executive Officer
- Brent Clark — Managing Director & Chief Financial Officer
- Jonathan Green — Managing Director & Chief Technology Officer
- Andrew St Pierre — Managing Director & COO/CCO
- Hamza Usman — Managing Director & General Counsel

## Questions

### How does Arcadia Funds make money from fintech lenders?

Arcadia supplies balance-sheet capital by purchasing the loans that specialty finance originators generate — primarily unsecured consumer, small business, and auto paper. The firm also provides revolving credit facilities and structured products. It does not primarily act as a venture investor; instead, it earns returns from the spread on the credit assets it holds.

### Who runs investment decisions at Arcadia Funds?

Andrew Hallowell, the founder, is the Managing Director and CEO and the firm’s most senior investment voice. A lean management committee of five managing directors — including the CFO, CTO, COO, and General Counsel — oversees operations and risk, but Hallowell’s vision as the founding partner drives capital allocation.

### What is a 'Loan Factory' in Arcadia's portfolio?

Arcadia uses the term 'Loan Factory' to describe a tech-enabled specialty finance originator. These companies use software to underwrite and distribute credit products — such as Clearco for e-commerce advances or BlueTape for construction materials — and Arcadia supplies the purchasing capacity for the loans they generate.

### What investment stages does Arcadia target?

The firm provides capital across an originator's lifecycle, from early-stage startups to mature public companies. The common thread is a functioning credit origination engine — Arcadia supplies the credit facility or loan purchase agreement, not an equity round to fund growth-oriented operating losses.

## Related profiles

- [Unified Commerce Group](https://altss.com/profile/unified-commerce-group)
- [Kennedy Lewis Investment Management](https://altss.com/profile/kennedy-lewis-investment-management)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/arcadia-funds

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology