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.