{
  "crd_number": 306590,
  "slug": "cloverfields-capital-group-lp-minneapolis-mn-306590",
  "primary_business_name": "CLOVERFIELDS CAPITAL GROUP, LP",
  "legal_name": "CLOVERFIELDS CAPITAL GROUP, LP",
  "dbas": [],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-01-02",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 358667263.0,
  "raum_discretionary": 358667263.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 64133899.0,
      "count": 3,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 294533364.0,
      "count": 55
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MN",
    "NH",
    "WY"
  ],
  "websites": [
    "https://linkedin.com/company/cloverfields-capital/about"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/306590",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/cloverfields-capital-group-lp-minneapolis-mn-306590",
  "display_name": "Cloverfields Capital Group, LP",
  "summary": "Cloverfields Capital Group, LP is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Cloverfields Capital Group, LP (CRD 306590): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Cloverfields Capital Group, LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cloverfields Capital Group, LP reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Cloverfields Capital Group, LP's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 0.35% to 0.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cloverfields Capital Group, LP located?",
      "a": "Cloverfields Capital Group, LP's principal office is in Minneapolis, MN, according to its Form ADV."
    },
    {
      "q": "Is Cloverfields Capital Group, LP registered with the SEC or a state?",
      "a": "Cloverfields Capital Group, LP is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306590."
    },
    {
      "q": "How much does Cloverfields Capital Group, LP manage?",
      "a": "Cloverfields Capital Group, LP reports $358,667,263 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cloverfields Capital Group, LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cloverfields Capital Group, LP: Regulatory assets under management: $296,407,440 in the October 2021 data and $358,667,263 in the October 2026 data, up 21%. Total employees: 10 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cloverfields Capital Group, LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (55); charitable organizations (3)."
    },
    {
      "q": "Which custodians does Cloverfields Capital Group, LP use?",
      "a": "Cloverfields Capital Group, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC and Northern Trust Securities, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cloverfields Capital Group, 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/306590"
    },
    {
      "q": "Does Cloverfields Capital Group, LP state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"Cloverfields generally requires a minimum investment amount of $1,000,000. Such a minimum investment amount may be waived by Cloverfields, in its sole discretion.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 296407440.0,
      "total_employees": 10,
      "filing_date": "2021-07-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 347039823.0,
      "total_employees": 9,
      "filing_date": "2022-03-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 329297084.0,
      "total_employees": 9,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 299172740.0,
      "total_employees": 3,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 340346006.0,
      "total_employees": 2,
      "filing_date": "2025-06-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 358667263.0,
      "total_employees": 2,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.35% to 0.5% a year",
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.35% to 0.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Cloverfields charges its management fee equal to the specific percentage agreed to within the Client’s IMA (e.g., ranging from 0.35% to 0.50% per annum) of the value of the assets managed as of the end of the previous quarter."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Cloverfields generally requires a minimum investment amount of $1,000,000. Such a minimum investment amount may be waived by Cloverfields, in its sole discretion."
        ]
      }
    ],
    "quotes": [
      "Cloverfields charges its management fee equal to the specific percentage agreed to within the Client’s IMA (e.g., ranging from 0.35% to 0.50% per annum) of the value of the assets managed as of the end of the previous quarter.",
      "Cloverfields generally requires a minimum investment amount of $1,000,000. Such a minimum investment amount may be waived by Cloverfields, in its sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Northern Trust Securities, Inc.",
      "name_as_filed": "NORTHERN TRUST SECURITIES, 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/cloverfields-capital-group-lp-minneapolis-mn-306590.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 55,
      "fewer_than_5": false,
      "raum": 294533364.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 64133899.0
    }
  ],
  "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/306590",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}