{ "crd_number": 131257, "slug": "clough-capital-partners-lp-boston-ma-131257", "primary_business_name": "CLOUGH CAPITAL PARTNERS, LP", "legal_name": "CLOUGH CAPITAL PARTNERS, LP", "dbas": [ "CCP ASSOCIATES, LLC", "CLOUGH ASSOCIATES, LLC", "CLOUGH CAPITAL PARTNERS" ], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2004-06-03", "years_registered": 22, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 1508743415.0, "raum_discretionary": 1508743415.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 11, "advisory_employees": 4, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 423526208.0, "count": 1, "fewer_than_5": true }, "investment_companies": { "raum": 884127045.0, "count": 5 }, "pooled_investment_vehicles": { "raum": 201090162.0, "count": 4 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MA" ], "websites": [ "https://cloughcapital.com", "https://facebook.com/clough.capital.partners", "https://linkedin.com/COMPANY/CLOUGH-PARTNERS-L.P." ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131257", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/clough-capital-partners-lp-boston-ma-131257", "display_name": "Clough Capital Partners, LP", "summary": "Clough Capital Partners, LP is an SEC-registered investment advisory firm in Boston, MA, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Clough Capital Partners, LP (CRD 131257): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Clough Capital Partners, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Clough Capital Partners, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Clough Capital Partners, LP located?", "a": "Clough Capital Partners, LP's principal office is in Boston, MA, according to its Form ADV." }, { "q": "Is Clough Capital Partners, LP registered with the SEC or a state?", "a": "Clough Capital Partners, LP is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 131257." }, { "q": "How much does Clough Capital Partners, LP manage?", "a": "Clough Capital Partners, LP reports $1,508,743,415 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Clough Capital Partners, LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Clough Capital Partners, LP: Regulatory assets under management: $2,117,364,048 in the October 2021 data and $1,508,743,415 in the October 2026 data, down 29%. Total employees: 19 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Clough Capital Partners, LP serve?", "a": "By number of clients on Form ADV Item 5.D: investment companies (5); pooled investment vehicles (other than investment companies and business development companies) (4); charitable organizations (1)." }, { "q": "Which custodians does Clough Capital Partners, LP use?", "a": "Clough Capital Partners, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Clough Capital Partners, LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/131257" }, { "q": "What changed in Clough Capital Partners, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: No longer lists the business name Clough Healthcare Associates, LLC. Regulatory assets under management went from $1,308,584,679 to $1,508,743,415 (+15%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2117364048.0, "total_employees": 19, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2239914719.0, "total_employees": 20, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1584224739.0, "total_employees": 14, "filing_date": "2023-08-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1188237600.0, "total_employees": 11, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1308584679.0, "total_employees": 11, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1508743415.0, "total_employees": 11, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "No longer lists the business name Clough Healthcare Associates, LLC.", "Regulatory assets under management went from $1,308,584,679 to $1,508,743,415 (+15%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/clough-capital-partners-lp-boston-ma-131257.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 5, "fewer_than_5": false, "raum": 884127045.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 201090162.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 1, "fewer_than_5": true, "raum": 423526208.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131257", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }