Clough Capital Partners, LP is a large advisory firm based in Boston. It manages $1.83 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama and Massachusetts.
Clough Capital Partners provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Clough Capital Partners, LP is $1.83 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 662% since the beginning of its operation, and $161.99 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Clough Capital Partners, 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.
The firm provides services to investment companies, charitable organizations, and pooled investment vehicles. The largest group of clients of Clough Capital Partners is investment companies with 5 clients and $1.07 billion of assets under management. Among the 10 most similar advisory firms, Clough Capital Partners has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.83 billion for 12 clients. 17% of the firm’s clients are foreign persons or businesses.
Clough Capital Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.
The company employs 22 people that are either part- or full-time employees. 45 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.
The principal office where Clough Capital Partners, LP performs its advisory services is located at 53 State Street, Boston, MA 02109, 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 617-204-3400 or by fax 617-790-1509. The normal business hours are 8:00 - 5:00 on Monday - Friday.