Clarendon Capital is a private equity firm managing pooled investment funds. These funds invest primarily in private middle-market companies within the transportation, logistics, and distribution sectors. Clarendon Capital seeks companies with long-term competitive advantages, growth potential, established revenues, and capable management teams. The firm's investment decisions are based on the funds' objectives, not the individual needs of the investors in those funds.
Clarendon Capital manages pooled investment vehicles, not individual accounts. The firm charges a management fee and a carried interest (performance-based fee) to these funds. The management fee is up to 2% annually on committed capital, paid quarterly. The carried interest is 20% of realized profits, subject to a preferred return. These fees are described in the fund's governing documents.