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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

CLADRIUS PARTNERS LLC

CRD 311065

MONTVALE, NJ

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Search this name across graphsid dfx:ria:cc8cbd56-4491-0ea3-5d7a-c853d79bde2f

Data as of Apr 26, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:11 AM UTC and rebuilt at most every 15 minutes.

Relationships: 15
Dated events: 1
On other graphs: 1
Observed: Jun 28, 2022 to Apr 26, 2024
7 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Venture Capitalidentity

Cladrius Partners LLC

Venture manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $211MItem 5.F on the latest filing (2024-04-26); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $211M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 4
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 4
Private funds: 2Schedule D 7.B(1)
Private fund GAV: $211Mgross asset value as reported per fund; never fund size
Custody, client assets: $0
SEC number: 801-126212
CRD: 311065
Filings on the tape: 7
First filed: Jun 28, 2022
Latest filed: Apr 26, 2024
Organised: Limited Liability Company, Delaware

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
CLADRIUS LTD	Hedge Fund	$136M	Aug 19, 2024	40	Dec 14, 2020	reported	021-348327
CLADRIUS SPECIAL SITUATIONS FUND I LLC	Hedge Fund	$1.9M	Aug 19, 2024	1	Dec 14, 2020	reported	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
DR MEMBER LLC	Shareholder	D	yes	04/2019	Jun 28, 2022	Apr 26, 2024
M.D. SASS CLADRIUS PARTNERS, LLC	Shareholder	D	yes	04/2019	Jun 28, 2022	Apr 26, 2024
RUGGERE, DENNIS, J	CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER	Na	yes	04/2019	Jun 28, 2022	Apr 26, 2024
RUGGERE, DENNIS, J	MANAGING MEMBER	E	yes	04/2019	Jun 28, 2022	Apr 26, 2024
SASS, MARTIN, DOUGLAS	MANAGING MEMBER	E	yes	04/2019	Jun 28, 2022	Apr 26, 2024
FRIEDMAN, SAM, HARRIS	CHIEF FINANCIAL OFFICER	Na	no	04/2019	Jun 28, 2022	Apr 26, 2024
RISHEL, DAVID, LEE	CHIEF COMPLIANCE OFFICER	Na	no	03/2022	Jun 28, 2022	Apr 26, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
M.D. SASS, LLC	n/a	Other adviser	$2.1B	N	yes	n/a
AMERRA CAPITAL MANAGEMENT, LLC	n/a	Asset manager	$610M	N	yes	n/a
M.D. SASS-MACQUARIE FINANCIAL STRATEGIES MANAGEMENT COMPANY, LLC	n/a	Asset manager	$8.3M	N	yes	n/a
CLADRIUS GP LLC	n/a	n/a	n/a	N	yes	n/a
M.D. SASS SECURITIES, L.L.C.	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2023	Mar 29, 2024	$256M	$256M	4	4	0	2	$256M
2022	Mar 31, 2023	$317M	$317M	5	4	0	2	$317M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$211M	$317M	-33.4%	n/a	n/a	4	5	0	0

Relationships

Affiliated with (6)

← M.D. SASS, LLCRegistered adviserother investment adviser, bank, common control
factForm ADV
← M.D. SASS-MACQUARIE FINANCIAL STRATEGIES MANAGEMENT COMPANY, LLCRegistered adviserother investment adviser, bank, common control
factForm ADV
← AMERRA CAPITAL MANAGEMENT, LLCRegistered adviserother investment adviser, bank, control, common control
factForm ADV
→ M.D. SASS, LLCRegistered adviserother investment adviser, bank, common control
factForm ADV
→ M.D. SASS-MACQUARIE FINANCIAL STRATEGIES MANAGEMENT COMPANY, LLCRegistered adviserother investment adviser, common control
factForm ADV
→ AMERRA CAPITAL MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV

Advises (2)

→ CLADRIUS LTDPrivate fundHedge Fund, ERA
Dec 14, 2020 to presentfactForm ADV
→ CLADRIUS SPECIAL SITUATIONS FUND I LLCPrivate fundHedge Fund, ERA
Dec 14, 2020 to presentfactForm ADV

Owns (2)

← RISHEL, DAVID, LEEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Jun 28, 2022 to presentfactForm ADV
← FRIEDMAN, SAM, HARRISOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Jun 28, 2022 to presentfactForm ADV

Controls (4)

← SASS, MARTIN, DOUGLASOwnerMANAGING MEMBER, ownership code E, individual
Jun 28, 2022 to presentfactForm ADV
← RUGGERE, DENNIS, JOwnerMANAGING MEMBER, ownership code E, individual
Jun 28, 2022 to presentfactForm ADV
← DR MEMBER LLCOwnerSHAREHOLDER, ownership code D, domestic entity
Jun 28, 2022 to presentfactForm ADV
← M.D. SASS CLADRIUS PARTNERS, LLCOwnerSHAREHOLDER, ownership code D, domestic entity
Jun 28, 2022 to presentfactForm ADV

Dated events

Occurred
Jun 28, 2022
First Form ADV filing
Cladrius Partners Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:cc8cbd56-4491-0ea3-5d7a-c853d79bde2f
First observed: Jun 28, 2022
Last observed: Apr 26, 2024 29 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CLADRIUS PARTNERS LLC

CRD 311065

MONTVALE, NJ

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:cc8cbd56-4491-0ea3-5d7a-c853d79bde2f

Data as of Apr 26, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:11 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

CLADRIUS LTD

Hedge Fund

$136M

Aug 19, 2024

Dec 14, 2020

reported

021-348327

CLADRIUS SPECIAL SITUATIONS FUND I LLC

Hedge Fund

$1.9M

Aug 19, 2024

Dec 14, 2020

reported

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

DR MEMBER LLC

Shareholder

yes

04/2019

Jun 28, 2022

Apr 26, 2024

M.D. SASS CLADRIUS PARTNERS, LLC

Shareholder

yes

04/2019

Jun 28, 2022

Apr 26, 2024

RUGGERE, DENNIS, J

CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER

yes

04/2019

Jun 28, 2022

Apr 26, 2024

RUGGERE, DENNIS, J

MANAGING MEMBER

yes

04/2019

Jun 28, 2022

Apr 26, 2024

SASS, MARTIN, DOUGLAS

MANAGING MEMBER

yes

04/2019

Jun 28, 2022

Apr 26, 2024

FRIEDMAN, SAM, HARRIS

CHIEF FINANCIAL OFFICER

04/2019

Jun 28, 2022

Apr 26, 2024

RISHEL, DAVID, LEE

CHIEF COMPLIANCE OFFICER

03/2022

Jun 28, 2022

Apr 26, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

M.D. SASS, LLC

n/a

Other adviser

$2.1B

yes

n/a

AMERRA CAPITAL MANAGEMENT, LLC

n/a

Asset manager

$610M

yes

n/a

M.D. SASS-MACQUARIE FINANCIAL STRATEGIES MANAGEMENT COMPANY, LLC

n/a

Asset manager

$8.3M

yes

n/a

CLADRIUS GP LLC

n/a

yes

n/a

M.D. SASS SECURITIES, L.L.C.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Mar 29, 2024

$256M

2022

Mar 31, 2023

$317M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$211M

$317M

-33.4%

n/a