Overview
For the purposes of this Brochure, the “Adviser”, “Camshaft: or the “Investment
Manager” means Camshaft Capital Advisors, LLC. The Investment Manager, owned by William
Morton, is a limited liability company organized under the laws of the State of Florida and has
been providing investment advisory services since 2020. Camshaft Capital Management, LLC is
the General Partner of Camshaft Capital Fund LP. Mr. Morton acts as the managing member of
Camshaft Capital Management, LLC.
Currently, Camshaft manages and provides discretionary investment advisory services to
the Camshaft Capital Fund, LP (as defined below in this Item 4 under “Funds”). In addition,
Camshaft may serve as a discretionary investment adviser to invest the assets of a privately offered
pooled investment vehicle managed by an unaffiliated third-party pursuant to a trading advisory
agreement (the “Third-Party Fund” and, together with the Camshaft Funds, the “Funds”).
Camshaft may also provide investment advisory services to entities or pooled investment vehicles
on a managed account basis (each such arrangement, a “Managed Account,” and the entity(ies)
funding a Managed Account, a “Managed Account Client”). For
the purposes of this brochure, a
“Client” refers to a Fund (but not the investors in a Fund) and/or a Managed Account Client, as
the context requires.
As of December 31, 2022, Camshaft had $595,845,395 in regulatory assets under
management. Camshaft does not currently manage any Client assets on a non-discretionary basis.
Camshaft does not participate in any wrap fee programs.
Managed Account Arrangements
As of the date of this brochure, Camshaft has no Managed Account arrangements.
However, in the event that Camshaft were to enter into a Managed Account arrangement in the
future, then Camshaft would develop investment guidelines based upon the Managed Account
Client’s specific investment objectives. Managed Account advisory services would be governed
by a written agreement (“Managed Account Agreement”) between Camshaft and the Managed
Account Client. Camshaft would manage any such Managed Accounts under a broad range of
potential mandates. Managed Account Clients would be permitted to amend their investment
guidelines as their needs change or impose restrictions or limitations on investing in certain
securities or types of securities.