MEREWETHER INVESTMENT MANAGEMENT, LP

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 13 18.18%
of those in investment advisory functions 8
Registration SEC, Approved, 7/16/2021
Other registrations (2)
AUM* 2,295,972,250 46.62%
of that, discretionary 2,295,972,250 46.62%
Private Fund GAV* 1,740,434,972 45.89%
Avg Account Size 176,613,250 46.62%
SMA’s No
Private Funds 3 1
Contact Info 214 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 895M 671M 447M 224M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$1,740,434,972

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser METACAPITAL MANAGEMENT, L.P. Hedge Fund1.7b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.7b AUM1.7b #Funds1
Adviser VERDE SERVICOS INTERNACIONAIS S.A. Hedge Fund1.3b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.3b AUM1.4b #Funds6
Adviser CAT ROCK CAPITAL MANAGEMENT LP Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM1.6b #Funds3
Adviser CLOUGH CAPITAL PARTNERS, LP Hedge Fund210.9m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV210.9m AUM1.2b #Funds5
Adviser CQS (US), LLC Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM3.6b #Funds1
Adviser GREENHOUSE FUNDS LLLP Hedge Fund1.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.4b AUM1.9b #Funds3
Adviser BRAHMAN CAPITAL CORP Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM1.5b #Funds-
Adviser DME CAPITAL MANAGEMENT, LP Hedge Fund4.5b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV4.5b AUM3.2b #Funds7
Adviser SUMMIT GLOBAL INVESTMENTS, LLC Hedge Fund2.9m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.9m AUM2.0b #Funds1
Adviser PARADIGM CAPITAL MANAGEMENT, INC. Hedge Fund684.5m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV684.5m AUM2.0b #Funds2

Brochure Summary

Overview

A. Merewether, a Texas limited partnership, was formed in July 2017 and has its principal place of business in Dallas, Texas. Merewether Management GenPar, LLC, a Texas limited liability company, is the general partner of Merewether. Rod Saddington is the principal owner and managing member of Merewether Management GenPar, LLC. Merewether acts as the investment manager to three sponsored master-feeder investment structures (each a “Fund” and collectively referred to herein as the “Funds”) for sophisticated, qualified investors (“Investors”); and (ii) sub-advised accounts (the “Managed Accounts”, which, collectively with the Funds, are referred to as the “Clients”))1. B. Merewether pursues its investment strategy through managing its Clients. Merewether has discretion with respect to investment decisions made for the Clients. The Adviser provides investment advisory services to the Funds based on the investment objectives and strategies described in each Fund’s confidential offering memorandum and governing documents. Merewether provides its services to the Managed Accounts in accordance with an investment management agreement between Merewether and the respective Managed Account. C. Advisory services are tailored to achieve the investment objectives described in the applicable Client’s confidential offering memorandum and governing documents, including but not limited to an investment
management agreement (referred to collectively as “Offering Documents”). Generally, Merewether has the authority to select which and how many securities and other instruments to buy or sell without consultation with the Clients or Fund Investors. Merewether does not tailor its advisory services to the individual needs of Fund Investors and does not accept Fund Investor imposed investment restrictions. The Adviser may tailor its advisory services with respect to the individual needs of its Managed Account Clients. Each advisory agreement with Managed Account Clients was separately negotiated and designed to suit the needs of the respective Client and its respective investment guidelines which may include restrictions on investing in certain securities or types of securities. D. The Adviser will not participate in wrap fee programs. E. As of December 31, 2023, the Adviser managed approximately $2,295,972,250 in regulatory assets under management on a discretionary basis. Merewether does not manage any advisory client assets on a non-discretionary basis. 1 As a registered investment adviser, the Adviser owes a fiduciary duty to all of its clients. In 2006, the decision by the Court of Appeals for the D.C. Circuit in Goldstein v. SEC, 451 F.3d 873 (D.C. Cir. June 23, 2006), with respect to private funds, clarified that the “client” of an investment adviser to a private fund is the Fund itself and not an Investor in the Fund.