Whatifi Asset Management of San Francisco, the manger to the five fledgling Whatifi online mutual funds, is receiving an unspecified cash infusion as part of a second-round financing agreement with CIBC Capital Partners, a New York venture capital firm and a unit of CIBC World Markets of Toronto.

Under the terms of the agreement, CIBC Capital Partners will be investing in return for an ownership stake in the Whatifi fund group's management company. The agreement was disclosed in a Feb. 2 prospectus amendment the fund group filed with the Securities and Exchange Commission.

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