# Clough Capital Partners

Clough Capital Partners is an Asset Manager based in Boston, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** 53 State Street, 27th Floor, Boston, MA 02109, United States
- **Founded:** 1999
- **Assets under management:** $1.4B (per firm website, 2026)
- **Website:** cloughcapital.com
- **LinkedIn:** https://www.linkedin.com/company/clough-capital-partners

## Regulatory record

- **CRD number:** 131257
- **SEC file number:** 801-63142
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/131257

## About

Clough Capital Partners is an SEC-registered investment adviser in Boston, MA, registered since 2004. The firm manages approximately $1.5 billion in regulatory assets. It has 11 employees and 4 investment advisers.

## Sectors

- Equity Long/Short
- Closed-End Funds
- Actively Managed ETFs
- Separately Managed Accounts

## Offices

- 1700 Broadway, Suite 2100, Denver, CO 80290

## People

- Charles I. Clough, Jr. — Chairman and CIO
- Vincent M. Lorusso, Jr. — CEO and Portfolio Manager
- William G. Whelan — Partner & Portfolio Manager

## Questions

### Who runs portfolio management at Clough Capital?

Chairman and CIO Chuck Clough sets the macro framework. Day-to-day portfolio management is led by Vince Lorusso (CEO and Portfolio Manager) and Bill Whelan (Partner & Portfolio Manager). Lorusso was a co-founder of Changebridge Capital and returned to Clough in 2023; Whelan joined in 2014 and was named co-PM of the closed-end funds in 2023.

### How does Clough Capital source its investment ideas?

The firm employs fundamental, bottom-up research with a long/short equity orientation. The investment team — which VInce Lorusso has described as 'active, never passive' — seeks to identify mispriced securities across global markets, drawing on Chuck Clough's macroeconomic perspective and the analysts' sector expertise. The firm does not rely on quantitative models or third-party research providers.

### Does Clough Capital accept outside capital beyond its listed funds?

Yes. In addition to the five NYSE-listed closed-end funds and ETFs, Clough Capital manages separately managed accounts and limited partnerships for individual and institutional clients. The firm's website describes a 'client-first' approach that offers direct access to portfolio managers.

### What is the relationship between Clough Capital and Changebridge Capital?

Changebridge Capital was co-founded by Vince Lorusso in 2020. Its two ETFs — CBSE and CBLS — listed on the NYSE in November 2020. In August 2023, Clough Capital became the adviser to those ETFs, and Lorusso rejoined Clough as CEO and Portfolio Manager. The ETFs now operate under Clough Capital's advisory umbrella.

### What investment stages does Clough Capital focus on?

The firm is primarily an active equity manager investing in publicly traded securities — large-cap and mid-cap equities. It does not target venture-stage or private equity opportunities. Its closed-end funds and ETFs invest across global equity markets, with a long/short strategy designed to generate returns regardless of market direction.

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

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