Hedge Fund Database

CALLODINE CAPITAL MANAGEMENT

CALLODINE CAPITAL MANAGEMENT, LP Legal Name

Adviser information for CALLODINE CAPITAL MANAGEMENT last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Partnership
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 14
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 4
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 6 $607.4M
Non-Discretionary 0 $0
Total 6 $607.4M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 1 $70.6M
Business development companies 0 $0
Pooled investment vehicles 4 $519.3M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses <5 $17.5M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 33

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehicles
Compensation % of AUMPERFORMANCE FEES PAID TO AFFILIATED GENERAL PARTNER
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-113867
SEC ERA File Number 801-113867
SEC CIK Numbers 1741675
SEC CRD Numbers 297115
Legal Entity Identifier None

Principal Office

TWO INTERNATIONAL PLACE
SUITE 1830
BOSTON
MA
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 617-880-7494, Fax: None

Websites

www.callodine.com twitter.com/callodinecap www.linkedin.com/company/callodine-capital/

Chief Compliance Officer

KRISTEN CAMMARATA
TWO INTERNATIONAL PLACE
SUITE 1830
BOSTON
MA
United States
Tel: 617-880-7494
(Full email address available in API data)

Regulatory Contact

JONATHAN DINWOODEY
GENERAL COUNSEL
TWO INTERNATIONAL PLACE
SUITE 1830
BOSTON
MA
United States
Tel: 617-880-7480
(Full email address available in API data)

Industry Affiliates

CALLODINE CAPITAL PARTNERS, LLC Sponsor, GP, manager of pooled investment vehicles
CALLODINE COMMERCIAL PARTNERS, LLC Sponsor, GP, manager of pooled investment vehicles
CALLODINE CREDIT MANAGEMENT Other investment adviser, including financial planners
CALLODINE STRATEGIC CREDIT FUND II GP, LLC Sponsor, GP, manager of pooled investment vehicles
EXETER TRUST COMPANY Trust company
MANNING & NAPIER ADVISORS, LLC Other investment adviser, including financial planners
MANNING & NAPIER INVESTOR SERVICES, INC. Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAINIER INVESTMENT MANAGEMENT LLC Other investment adviser, including financial planners
RAND CAPITAL MANAGEMENT Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor
THOROFARE CAPITAL INC. Real estate broker or dealer
THOROFARE LENDING FUND IV MANAGEMENT, LLC Sponsor, GP, manager of pooled investment vehicles
THOROFARE LENDING FUND V MANAGEMENT, LLC Sponsor, GP, manager of pooled investment vehicles
THOROFARE, LLC Other investment adviser, including financial planners

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
CALLODINE BDC INCOME FUND, LP COMMINGLED PRIVATE FUND $76.2M $0.5M 91
CALLODINE CAPITAL MASTER FUND, L.P. Hedge Fund $443.1M $1.0M 29

Control Persons

Name Type Entity Title Since Ownership
Morrow, James, Stuart Individual – CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER 05/2018 < 5%
CALLODINE CAPITAL MANAGEMENT, LLC Domestic Entity – GENERAL PARTNER 05/2018 < 5%
Morrow, James, Stuart Individual CALLODINE GROUP, LLC CO-OWNER 10/2020 > 75%
CALLODINE GROUP, LLC Domestic Entity – OWNER 10/2020 > 75%
Morrow, James, Stuart Individual CALLODINE CAPITAL MANAGEMENT, LLC MANAGING MEMBER 05/2018 > 75%
DINWOODEY, JONATHAN, HOSMER Individual – GENERAL COUNSEL 03/2021 < 5%
CAMMARATA, KRISTEN, MARIE Individual – CHIEF COMPLIANCE OFFICER 03/2023 < 5%

No. Employees, Historic

201002020202120222023202420258 on 3/27/202011 on 3/31/202111 on 4/27/202110 on 3/31/202213 on 3/31/202313 on 4/18/202313 on 1/10/202414 on 3/28/2024

RAUM, Historic

700M350M0202020212022202320242025482711457 on 3/27/2020353814062 on 3/31/2021353814062 on 4/27/2021372368795 on 3/31/2022513492630 on 3/31/2023513492630 on 4/18/2023513492630 on 1/10/2024607377948 on 3/28/2024

No. Clients, Historic

10502020202120222023202420254 on 3/27/20205 on 3/31/20215 on 4/27/20214 on 3/31/20226 on 3/31/20236 on 4/18/20236 on 1/10/20246 on 3/28/2024

Holdings

From latest 13F, filed August 13th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALGONQUIN PWR UTILS CORP COM 2M 400K Manning & Napier Group, LLC
ALGONQUIN PWR UTILS CORP COM 4M 650K –
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 4M 133K Manning & Napier Group, LLC
ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN 7M 217K –
ALTRIA GROUP INC COM 8M 175K –
ALTRIA GROUP INC COM 3M 60K Manning & Napier Group, LLC
APOLLO GLOBAL MGMT INC COM 6M 50K –
APOLLO GLOBAL MGMT INC COM 3M 25K Manning & Napier Group, LLC
ARES CAPITAL CORP COM 4M 200K –
ATLANTICA SUSTAINABLE INFR P SHS 7M 329K –
ATLANTICA SUSTAINABLE INFR P SHS 2M 100K Manning & Napier Group, LLC
BARINGS BDC INC COM 9M 976K –
BAXTER INTL INC COM 5M 150K Manning & Napier Group, LLC
BAXTER INTL INC COM 13M 400K –
BLACKSTONE SECD LENDING FD COMMON STOCK 7M 240K –
BLUE OWL CAPITAL INC COM CL A 18M 1M –
BLUE OWL CAPITAL INC COM CL A 5M 275K Manning & Napier Group, LLC
BURFORD CAP LTD ORD SHS 334K 26K –
CHIMERA INVT CORP COM SHS 1M 100K –
CION INVT CORP COM 8M 675K –
DOUGLAS EMMETT INC COM 4M 287K Manning & Napier Group, LLC
DOUGLAS EMMETT INC COM 11M 818K –
DUN & BRADSTREET HLDGS INC COM 9M 1M –
EMBRAER S.A. SPONSORED ADS 5M 200K –
ENERGY TRANSFER L P COM UT LTD PTN 9M 540K Manning & Napier Group, LLC
ENERGY TRANSFER L P COM UT LTD PTN 2M 150K –
FS KKR CAP CORP COM 9M 450K –
GAMING & LEISURE PPTYS INC COM 3M 70K Manning & Napier Group, LLC
GENESIS ENERGY L P UNIT LTD PARTN 1M 75K Manning & Napier Group, LLC
GOLDMAN SACHS BDC INC SHS 11M 700K –
GOLUB CAP BDC INC COM 4M 225K –
GSK PLC SPONSORED ADR 15M 390K –
GSK PLC SPONSORED ADR 6M 150K Manning & Napier Group, LLC
HUMANA INC COM 5M 14K –
JACK IN THE BOX INC COM 11M 215K –
JACK IN THE BOX INC COM 3M 65K Manning & Napier Group, LLC
KAYNE ANDERSON BDC INC COM SHS 4M 250K –
KKR & CO INC COM 5M 50K –
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 5M 110K Manning & Napier Group, LLC
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 6M 150K –
NUVEEN CHURCHILL DIRECT LEND COM SHS 5M 300K –
PERDOCEO ED CORP COM 3M 120K Manning & Napier Group, LLC
PERDOCEO ED CORP COM 7M 308K –
RAYMOND JAMES FINL INC COM 5M 40K –
REDFIN CORP NOTE 0.500% 4/0 3M – –
SANOFI SPONSORED ADR 5M 110K Manning & Napier Group, LLC
SANOFI SPONSORED ADR 13M 269K –
SHELL PLC SPON ADS 3M 35K Manning & Napier Group, LLC
SHELL PLC SPON ADS 7M 103K –
SIXTH STREET SPECIALTY LENDI COM 20M 929K –
SPECTRUM BRANDS HLDGS INC NE COM 19M 222K –
SPECTRUM BRANDS HLDGS INC NE COM 7M 80K Manning & Napier Group, LLC
SPIRE INC COM 2M 37K Manning & Napier Group, LLC
SS&C TECHNOLOGIES HLDGS INC COM 9M 146K –
SS&C TECHNOLOGIES HLDGS INC COM 5M 75K Manning & Napier Group, LLC
TECK RESOURCES LTD CL B 4M 75K –
UGI CORP NEW COM 2M 91K Manning & Napier Group, LLC
UGI CORP NEW COM 6M 274K –
VIATRIS INC COM 22M 2M –
VIATRIS INC COM 5M 500K Manning & Napier Group, LLC
WALGREENS BOOTS ALLIANCE INC COM 1M 100K Manning & Napier Group, LLC
WOLVERINE WORLD WIDE INC COM 22M 2M –
WOLVERINE WORLD WIDE INC COM 7M 525K Manning & Napier Group, LLC