Cloverdale Capital Management, LLC (Dallas)

Cloverdale Capital Management, LLC is a large advisory firm based in Dallas. It manages $229.97 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

Cloverdale Capital Management provides 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.

Cloverdale Capital Management: assets under management

The assets under management (AUM) of Cloverdale Capital Management, LLC is $229.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 207% since the beginning of its operation, and $203.81 million of the total AUM is attributable to clients outside of the United States.

The firm manages $229.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $57.49 million each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 40% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cloverdale Capital Management, LLC 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.

What kind of clients Cloverdale Capital Management serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Cloverdale Capital Management is pooled investment vehicles with 3 clients and $156.15 million of assets under management. Among the 6 most similar advisory firms, Cloverdale Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $229.97 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Cloverdale Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cloverdale Capital Management, LLC

The company employs 8 people that are either part- or full-time employees. 63 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Jonathan Gattman	Sole member and president	1 Aug 2014	75% - 100%	4858305
Leonard Scott Crowell	Chief financial officer and chief compliance officer	1 Aug 2014	Other	6114005
Patrick Regis O'keefe	Partner & senior analyst	1 Jan 2018	Other	6933436
Jacqueline Renee Munoz	Chief operating officer	1 Jan 2018	Other	6933440

Based in Dallas

The principal office where Cloverdale Capital Management, LLC performs its advisory services is located at 2651 N. Harwood, Suite 500, Dallas, TX 75201, 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 214-254-4065 or by fax 281-947-3403. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.