CLOCKTOWER GROUP, L.P.

other names
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Adviser Profile
As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 31 3.33%
of those in investment advisory functions 17 13.33%
Registration California, Terminated, 8/19/2015
Other registrations (1)
AUM* 1,723,190,872 -15.65%
of that, discretionary 1,723,190,872 -15.65%
Private Fund GAV* 1,723,190,870 -15.65%
Avg Account Size 61,542,531 -15.65%
% High Net Worth < 0.01% -100.00%
SMA’s No
Private Funds 19
Contact Info (31 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 876M 584M 292M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count8 GAV$1,150,797,936
Fund TypeVenture Capital Fund Count6 GAV$389,505,332
Fund TypeOther Private Fund Count5 GAV$182,887,602

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Brochure Summary

Overview

Clocktower Group, L.P. (“Clocktower Group” or the “Firm”) is a Delaware limited partnership that has been in business since 2007 and has been registered as an investment adviser with the SEC since June 2015. Clocktower Group provides discretionary investment advisory services to privately offered pooled investment funds that invest in private hedge funds (“Hedge Funds of Funds”) and venture capital investments in various private companies (“Venture Capital Funds”) (together all private investment funds, including Hedge Funds of Funds and Venture Capital Funds, are referred to as the “Clocktower Funds” or “Funds”). Additionally, the Firm provides non-discretionary investment consulting services to certain unaffiliated institutional clients (each such client, an “investment consulting client” and collectively the “investment consulting clients”). The Firm also provides strategy research reports to certain institutional clients and high net worth clients (each such client, a “strategy research reporting client” and together, the “strategy research reporting clients”). Clocktower Group uses the term “institutional clients” to refer to investment advisers, endowments, banks, family offices, and pension plans. Steven Drobny is Clocktower Group’s Managing Partner and controlling owner. As of December 31, 2023, Clocktower Group had $1.723 billion of regulatory assets under management on a discretionary basis. Clocktower Funds As outlined above, Clocktower Group provides discretionary investment advisory
services to the Clocktower Funds. Clocktower Group manages the assets of the Clocktower Funds based on the specific investment objectives and restrictions of each fund, which are outlined in the respective fund’s offering documents, rather than on the individual needs and objectives of the individual investors in the Clocktower Funds. Investment Consulting Services Clocktower Group provides the investment consulting clients with analysis and recommendations regarding asset allocation and with respect to potential investments in various third-party investment managers and private hedge funds, customized in accordance with an individual client’s needs and objectives. Investment consulting clients are free at all times to accept or reject any of Clocktower Group’s investment recommendations and at all times retain authority and discretion over all investment decisions. Clocktower Group does not execute or facilitate any investments on behalf of its investment consulting clients. Strategy Research Reporting Clocktower Group provides the strategy research reporting clients with analysis and reporting on geopolitics, macroeconomics, and markets. This reporting is broad in nature, is not tailored to a specific client’s objectives, should not be considered investment advice to buy our sell any particular securities, and does not consider differences in client portfolio needs and characteristics. Wrap Programs Clocktower Group does not participate in any wrap fee programs.