Cladrius Partners Llc
- Regulatory AUM
- —
- Discretionary
- —
- Clients
- —
- Avg AUM / client
- —
- Accounts
- —
- Employees
- —
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $137M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cladrius Ltd master | Hedge Fund | Cayman Islands | $136M | 40 |
| Cladrius Special Situations Fund I Llc | Hedge Fund | Delaware | $1.9M | 1 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Friedman, Sam, Harris | Chief Financial Officer | Apr 2019 (7y) | Less than 5% | |
| Ruggere, Dennis, J | Chief Executive Officer And Chief Investment Officer | Apr 2019 (7y) | ≈ 37.5% – 75% via Dr Member Llc | |
| Sass, Martin, Douglas | Managing Member | Apr 2019 (7y) | ≈ 37.5% – 75% via M.D. Sass Cladrius Partners, Llc | |
| David Lee Rishel | Chief Compliance Officer | CFP | Mar 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Dr Member Llc | Shareholder | Apr 2019 | A | 50% – 75% |
| M.D. Sass Cladrius Partners, Llc | Shareholder | Apr 2019 | A | 50% – 75% |
Estimated effective ownership (look-through of filed bands):
- Ruggere, Dennis, J: 75% – 100% of Dr Member Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Sass, Martin, Douglas: 75% – 100% of M.D. Sass Cladrius Partners, Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $137M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cladrius Ltd | Hedge Fund | $136M | $1.0M | 40 |
| Cladrius Special Situations Fund I Llc | Hedge Fund | $1.9M | $3.0M | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.07 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
Not reported.
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗