Clayton Partners LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$114,798,100
Clients
55
Advisors
3
of 4 employees
About
Clayton Partners LLC provides discretionary investment management to a mix of pooled and separately managed accounts, including as general partner and investment adviser to Clayton Capital Appreciation Fund, L.P., and to Separate Accounts using either a “Long Only Strategy” or a “Decarbonization Strategy (CPDS).” The firm’s clients include high-net-worth and individual investors as well as institutions, trusts, endowments and pension plans, and it manages roughly $172 million in discretionary assets.
The firm’s investment approach emphasizes long-term investments in businesses Clayton believes are priced below intrinsic value, and it generally employs a disciplined, research-driven selection process for both Fund and Separate Account strategies. For the Fund Clayton uses both long and short positions, arbitrage, options and other derivatives (including futures and other commodity interests) and may employ leverage, while Separate Accounts generally follow long-only mandates (and CPDS targets companies tied to decarbonization goals) unless a client provides specific written authority for margin or options.
Compared with many similarly sized supported advisers, Clayton is notable for operating a private pooled vehicle with performance-based allocations (applied to the Fund but not to Separate Accounts), managing pooled investments alongside separately managed accounts, and engaging in trading of commodity interests and derivatives as part of its strategy set. The firm also provides periodic performance communications to clients (quarterly performance letters and an annual review) and discloses its conflicts and allocation policies, including pro rata allocation procedures intended to address side‑by‑side management conflicts.
Client services
Expertise
Fee options
$0 - $500,000: 1.8% per year (0.45% per quarter) $500,000 - $1,500,000: 1.4% per year (0.35% per quarter) $1,500,000 - $3,000,000: 1.0% per year (0.25% per quarter) $3,000,000+: 0.7% per year (0.175% per quarter)
20% performance allocation on Fund profits exceeding prior losses (high-water mark basis)
Account minimum: $500,000 for Fund investors (may be waived); $250,000 generally required for Separate Accounts (may be waived) Fee-only: Separate Accounts pay asset-based fees per tier schedule; no performance fees for Separate Accounts
Main office
3160 College Avenue, Suite 203
Berkeley CA 94705
Advisors at this office
3
Most active in
California
Also doing business as
Castle Peak Asset Management · Castle Peak Asset Management, LLC · Clayton Partners · Clayton Partners LLC · Jason Stankowski
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Alex G
CFA®
Berkeley, CA
Clayton Partners LLC
Alex Gates is a CFA® charterholder with 16 years of experience at Clayton Partners LLC in Berkeley, CA. He has been with the firm since 2010. Clayton Partners LLC provides discretionary investment management to high-net-worth individuals, institutions, trusts, endowments, and pension plans. The firm employs a long-term, research-driven investment approach focused on businesses priced below intrinsic value, managing both pooled funds and separately managed accounts with strategies that include long and short positions, derivatives, and decarbonization-focused investments.
Brian L
CFA®, Series 63
Berkeley, CA
Clayton Partners LLC
Brian Lancaster is a CFA® charterholder with 27 years of industry experience. He has been with Clayton Partners LLC since 2011, where he is part of a four-advisor team based in Berkeley, CA. Clayton Partners LLC provides discretionary investment management to high-net-worth individuals, institutions, and limited partners through separately managed accounts and a pooled private fund. The firm focuses on long-term investments in equity and equity-related securities priced below intrinsic value, supplementing its pooled fund with derivatives and leverage strategies to hedge or enhance returns.
Jason S
CFA®, Series 63, Series 65
Berkeley, CA
Clayton Partners LLC
Jason Stankowski is a CFA® charterholder with 15 years of industry experience. He has been with Clayton Partners LLC since 2010, where he is part of a four-advisor team based in Berkeley, CA. Clayton Partners LLC provides discretionary investment management to high-net-worth individuals, institutions, and limited partners through separately managed accounts and a pooled private fund. The firm employs a long-term investment approach focused on equity and equity-related securities, with additional strategies including short sales, options, arbitrage, and leverage for its pooled fund.
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