Clearfield Capital Management LP (New York)

Clearfield Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Clearfield Capital Management: assets under management

The assets under management (AUM) of Clearfield Capital Management LP is $325.96 million. The firm's AUM has gone down by -24% since the beginning of its operation, and $180.87 million of the total AUM is attributable to clients outside of the United States.

The firm manages $325.92 million in discretionary accounts and $37.71 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.48 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $37.71 thousand.

Clearfield Capital Management has custody of $325.92 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clearfield Capital Management LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Clearfield Capital Management serves?

The only and largest group of clients of Clearfield Capital Management is pooled investment vehicles with 5 clients and $325.96 million of assets under management. Among the 11 most similar advisory firms, Clearfield Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $325.96 million for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Clearfield Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Clearfield Capital Management LP

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Philip Joseph Hilal has served as the Chief Investment Officer since 1 Sep 2014. John Andrew Murray joined the executive team most recently as the Chief Compliance Officer & Chief Financial Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in New York

The principal office where Clearfield Capital Management LP performs its advisory services is located at 430 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-468-5400. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at clearfieldcap.com/.

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