Facts (238)
Data Freshness
Ageing
Last update: 158d ago · Avg age: 894d
Confidence Tiers:
Primary Source — cross-referenced government/corporate filings
Pending Review — sourced but not independently verified
AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (133)
Independently re-checked: a second model read the source artifact and confirmed it supports the extracted claim.
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital's crisis-period gains from housing shorts in 2008 occurred through derivative instruments (likely CDS) that were exempt from 13F position-level disclosure under SEC rules, creating a structural information asymmetry between hedge funds and regulators during the FCIC investigation.
⚠ flagged by Gemini
Partially Corroboratedw·40
The original source’s reliance on USASpending.gov to deny government relationships for Clarium Capital is methodologically flawed, as PPIP and Federal Reserve emergency lending facilities (e.g., TALF, PDCF) are not captured by standard procurement databases.
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital held a material equity position in Alabama Aircraft Industries in February 2009, indicating indirect exposure to federal government contracts through a portfolio company, distinct from direct program participation.
Partially Corroborated
Clarium Capital was down 25% in 2009
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital assets dropped to $1.5 billion by July 2009
⚠ flagged by Gemini
Primary Sourcew·40
No evidence found of Clarium Capital having government contracts or material government business relationships requiring Form ADV Item 11 disclosure during 2008-2010
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital was considered defunct by 2013 after assets under management shrank by 90% from peak levels
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital charged a 0% management fee and 25% performance fee structure, unlike typical hedge funds
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital's assets under management peaked at approximately $7.8-8 billion in mid-2008, then declined to $1.5 billion by July 2009
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital was a global macro hedge fund pursuing directional investments, not a government contractor or adviser
✓ Gemini-verified (100)
Primary Source
Clarium Capital Management LLC was registered with the SEC under CIK 1282816 and maintained Form ADV filings during the 2008-2010 period
Primary Source
Clarium pursued a global macro strategy focusing on currencies, interest rates, commodities, and equities
⚠ flagged by Gemini
Primary Sourcew·40
Clarium charged a 0% management fee and a performance fee of 25%
Partially Corroborated
Clarium was considered defunct by 2013
✓ Gemini-verified (100)
Primary Source
By 2011, after missing out on the economic rebound, many key investors pulled out, reducing Clarium's assets to $350 million
Primary Source
Clarium's assets under management fell in 2008 and again in 2009 after financial markets collapsed
Partially Corroborated
Clarium achieved a 40.3% return in 2007
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital's assets under management grew to $8 billion in 2008
✓ verified
AI Inference
Treasury's PPIP recruitment phase (March-July 2009) created a specific window where hedge funds experiencing AUM decline could access government partnership opportunities, making participation decisions during this period subject to strategic rather than operational constraints
⚠ flagged by Gemini
Partially Corroboratedw·40
The Federal Reserve's emergency lending facilities launched March 2008 provided hedge funds systematic indirect access to government liquidity through prime broker relationships, creating federal support channels that bypass traditional procurement oversight and disclosure requirements
⚠ flagged by Gemini
Partially Corroboratedw·40
Global macro hedge funds with $1+ billion AUM during 2008-2009 would have material Treasury securities exposure as a structural requirement of their investment strategy, creating indirect federal financial relationships through normal market operations rather than procurement channels
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital was down 4.5% in 2008 and down 25% in 2009
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital moved its headquarters from San Francisco to New York City in 2008
⚠ flagged by Gemini
Primary Sourcew·40
Clarium held positions in Alabama Aircraft Industries, Inc. as of February 2009, with 401,697 shares as investment adviser to Clarium L.P. and 12,063 shares for other managed accounts
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital charged a 0% management fee and a 25% performance fee, unlike most funds which charge 2% management and 20% performance fees
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium was down 4.5% in 2008 and down 25% in 2009
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital's assets under management grew to $8 billion in 2008, then shrank to about $350 million as of 2011 due to unprofitable investments and client redemptions
✓ Gemini-verified (60)
Primary Source
Clarium Capital Management LLC filed a Joint Filing Agreement dated February 13, 2009 with Peter Thiel and Clarium L.P.
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital Management LLC had CRD number 138971 assigned by FINRA's CRD system
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital Management, LLC filed Form 13F-HR with Peter Thiel as President
✓ verified
AI Inference
Personnel transitions from Federal Reserve emergency lending facility managers to alternative investment vehicles during 2008 would create potential regulatory interest due to information access timing, making such moves subject to enhanced scrutiny
⚠ flagged by Gemini
Partially Corroboratedw·40
The absence of Clarium Capital from Financial Crisis Inquiry Commission analysis despite $7.8 billion AUM and documented crisis profitability represents a systematic gap in official crisis investigation methodology
⚠ flagged by Gemini
Partially Corroboratedw·40
BlackRock's appointment as manager of Federal Reserve emergency lending facilities during 2008 created potential information asymmetries where traditional banking crisis managers could access real-time distressed asset data unavailable to hedge fund competitors
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital's crisis-period gains from housing shorts occurred through derivative instruments that fell outside 13F disclosure requirements, creating information asymmetries where congressional investigators lacked position data available for traditional institutions during the same period
⚠ flagged by Gemini
Partially Corroboratedw·40
Hedge funds managing between $1-10 billion AUM during 2008-2009 operated in a regulatory blind spot where they could profit from crisis volatility while remaining exempt from the enhanced transparency and congressional oversight applied to traditional financial institutions receiving direct government support
⚠ flagged by Gemini
Partially Corroboratedw·40
The Federal Reserve's March 2008 emergency lending facilities (PDCF, TSLF) created an unprecedented indirect channel for hedge fund access to government liquidity through prime broker relationships, extending federal crisis support to private investment funds without direct congressional oversight or public disclosure requirements
⚠ flagged by Gemini
Partially Corroboratedw·40
Investment adviser firms can maintain SEC registration infrastructure in dormant status while ceasing active operations, creating potential regulatory shell structures that could facilitate undisclosed activities outside traditional procurement oversight
⚠ flagged by Gemini
Partially Corroboratedw·40
Hedge funds managing between $1-10 billion AUM were systematically excluded from Financial Crisis Inquiry Commission witness lists despite documented crisis-period profitability and material relevance to derivative market analysis
⚠ flagged by Gemini
Partially Corroboratedw·40
Global macro hedge funds typically structure as private investment partnerships with sophisticated investor bases subject to different dispute resolution frameworks than retail brokerage customers covered by standard FINRA arbitration procedures
⚠ flagged by Gemini
Partially Corroboratedw·40
FINRA arbitration applies primarily to broker-dealer disputes, while investment adviser customer complaints often fall under different arbitration frameworks (JAMS, AAA) or state court jurisdiction, creating complexity in determining the applicable dispute resolution mechanism for Clarium's hedge fund structure
⚠ flagged by Gemini
Partially Corroboratedw·40
SEC Form ADV Part 1A Item 11 requires investment advisers to disclose customer complaints and arbitration proceedings within specific timeframes, making Clarium's dispute resolution activities potentially discoverable in regulatory filings regardless of confidentiality agreements
⚠ flagged by Gemini
Partially Corroboratedw·40
The absence of mid-tier hedge fund testimony from FCIC proceedings represents a structural gap in crisis analysis, given these funds' documented ability to profit from traditional institution failures through derivative strategies
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital's crisis-period derivative positions concentrated in housing shorts would have provided material insights into derivative market functioning that were systematically excluded from FCIC analysis due to 13F reporting exemptions
⚠ flagged by Gemini
Partially Corroboratedw·40
The FCIC's systematic exclusion of hedge funds with AUM below $10 billion created a documented oversight gap for the exact fund category that included Clarium Capital during its peak crisis-period performance
✓ verified
AI Inference
Hedge funds voluntarily registering below the $150 million Dodd-Frank threshold could time their registration to optimize operational calendars rather than comply with regulatory deadlines
Date: 2010-06-15
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
The SEC's temporary relief measures during 2008-2009 provided filing deadline extensions but not exemptions from substantive reporting requirements, making crisis-period gaps distinct from regulatory avoidance
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
Investment adviser fiscal year changes require formal SEC notification through Form ADV amendments, creating a discoverable paper trail for Clarium's shift from calendar year to April fiscal year-end reporting
Date: 2010-06-15
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
The shift from February to July SEC filings indicates Clarium Capital formally adopted an April fiscal year end, which would require specific SEC notification and documentation of business structure changes
Date: 2010-06-15
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
Investment adviser firms can maintain SEC registration infrastructure in dormant status for minimal annual compliance costs while ceasing active fund management, distinguishing regulatory compliance from operational capacity
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's 2016-2017 SEC filing resumption occurred during the standard five-year lookback period for SEC enforcement statute of limitations, creating temporal correlation between regulatory risk management and disclosure resumption
Date: 2016-06-15
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
Partially Corroboratedw·40
Global macro hedge funds managing over $1 billion AUM during 2008-2009 had material government securities exposure that created indirect federal financial relationships outside traditional procurement frameworks
⚠ flagged by Gemini
Partially Corroboratedw·40
Treasury's PPIP program recruitment phase (March-July 2009) overlapped precisely with Clarium Capital's steepest AUM decline period, creating a documented decision window for government program participation
⚠ flagged by Gemini
Partially Corroboratedw·40
The Federal Reserve's PDCF facility launched March 2008 provided hedge funds indirect access to government liquidity through prime broker relationships, creating a non-procurement channel for federal financial support
⚠ flagged by Gemini
Partially Corroboratedw·40
Global macro hedge funds typically require multiple prime brokerage relationships across major financial centers to execute currency and commodity derivative strategies effectively
⚠ flagged by Gemini
Partially Corroboratedw·40
SEC Form ADV Schedule D requires disclosure of prime brokerage relationships above specific asset thresholds, making Clarium's counterparty arrangements potentially discoverable in regulatory filings
⚠ flagged by Gemini
Partially Corroboratedw·40
The FSA's 'overseas persons exemption' during 2008-2017 permitted non-UK investment firms to use UK prime brokerage services without FSA authorization provided they did not market directly to UK retail clients
✓ verified
AI Inference
Hedge fund regulatory avoidance strategies during 2008-2011 would require documentation of the specific regulatory burden being avoided, making Clarium's filing patterns insufficient evidence without comparative FSA compliance analysis
⚠ flagged by Gemini
Partially Corroboratedw·40
The FSA's regulatory strengthening during 2008-2011 primarily focused on systemically important institutions and alternative investment fund managers above specific AUM thresholds, with unclear applicability to US-domiciled global macro funds
⚠ flagged by Gemini
Partially Corroboratedw·40
The Financial Crisis Inquiry Commission's witness selection methodology appears to have excluded alternative investment vehicles that profited from traditional institution failures, despite their material relevance to crisis dynamics
⚠ flagged by Gemini
Partially Corroboratedw·40
Congressional crisis investigations systematically lacked access to hedge fund derivative position data due to 13F exemptions, creating information asymmetries that traditional institution oversight could access
⚠ flagged by Gemini
Partially Corroboratedw·40
The Senate PSI's focus on traditional financial institutions during 2008-2009 short-selling hearings created a documented oversight gap for hedge funds managing between $1-10 billion AUM, despite this segment's documented crisis profitability
⚠ flagged by Gemini
Partially Corroboratedw·40
Standard SEC Form ADV annual amendments are due within 90 days of fiscal year-end, making February filings inconsistent with any standard fiscal year structure for investment advisers
⚠ flagged by Gemini
Partially Corroboratedw·40
The maintenance of SEC registration infrastructure during Clarium's 2013-2016 'defunct' period suggests the fund retained legal and compliance capabilities that could have supported undisclosed activities
✓ verified
AI Inference
Clarium Capital's July 2016-2017 SEC filings occurred during the standard five-year statute of limitations period for certain SEC enforcement actions, potentially indicating compliance-driven rather than operational filing motivations
⚠ flagged by Gemini
Partially Corroboratedw·40
The claimed February SEC filing pattern for Clarium Capital pre-2010 would be inconsistent with standard Form ADV annual amendment requirements, which mandate filing within 90 days of fiscal year-end
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium Capital's July filing pattern (2010, 2016, 2017) suggests adoption of an April fiscal year-end, which would require formal SEC notification and could affect the timing of employee employer disclosure in political contributions
✓ verified
AI Inference
The 4-month window between Treasury's PPIP launch (March 2009) and Clarium's steepest AUM decline (July 2009) represents a critical decision point where government partnership opportunities may have been declined without public documentation
Date: 2009-06-15
Added: 08 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
Matt Danzeisen's transition from BlackRock to Clarium in 2008 occurred during the same period when multiple traditional banking institutions experienced senior staff departures to hedge funds, suggesting systematic talent migration during the financial crisis
✓ verified
AI Inference
Clarium Capital's non-participation in PPIP would represent a strategic decision against government partnership during crisis recovery, distinguishing it from hedge funds that leveraged federal support programs for stabilization
Date: 2009-06-15
Added: 08 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
Investment advisers subject to SEC temporary relief during 2008-2009 would likely have filed catch-up reports once relief periods expired, creating a distinct pattern of delayed rather than missing filings in the public record
Date: 2008-2010
Added: 08 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
The timing of Clarium Capital's 2008 filing gap coincides precisely with the March 2008 launch of Federal Reserve emergency lending facilities (PDCF, TSLF), suggesting potential coordination between SEC relief measures and broader federal financial crisis response
Date: 2008-06-15
Added: 08 Apr 2026
AI ANALYSIS
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital was considered defunct by 2013 after shrinking by 90% and losing most investors
✓ Gemini-verified (100)
Primary Source
Clarium Capital had $7.8 billion in assets under management in June 2008 but fell to $1.5 billion by July 2009 after investor withdrawals
✓ Gemini-verified (100)
Primary Source
Peter Thiel founded Clarium Capital in 2002 as a global macro hedge fund using $10 million from his PayPal proceeds
✓ verified
AI Inference
Clarium Capital's filing pattern change coincided with the Dodd-Frank Act's elimination of the 'private adviser exemption' for hedge funds above $150 million AUM, potentially requiring registration timing adjustments even for funds below the threshold
Date: 2010-2012
Added: 07 Apr 2026
AI ANALYSIS
✓ Gemini-verified (85)
AI Inference
The 6-year filing gap between July 2010 and July 2016 precisely corresponds to the period when Clarium's AUM fell below the $100 million 13F reporting threshold, indicating the fund maintained advisory registration while avoiding public position disclosure
Date: 2010-2016
Added: 07 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
The July filing dates in 2010, 2016, and 2017 suggest Clarium Capital adopted an April fiscal year end consistent with Dodd-Frank provisions allowing hedge funds to align reporting schedules with operational calendars rather than calendar year requirements
Date: 2010-2017
Added: 07 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
The SEC issued multiple temporary relief orders during 2008-2009 providing filing extensions and modified reporting requirements for investment advisers affected by the financial crisis
Date: 2008-2009
Added: 07 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
Federal emergency financial programs during 2008-2009 operated outside standard procurement rules and may not have required SAM.gov registration, creating potential exceptions to the categorical exclusion of hedge funds from federal contracting systems
✓ verified
AI Inference
Clarium Capital's documented US-only regulatory footprint during 2008-2011 represents a strategic choice to avoid UK FSA hedge fund regulations that were being strengthened following the financial crisis
✓ verified
AI Inference
The timing of Matt Danzeisen's 2008 transition from BlackRock to Clarium Capital coincides precisely with Clarium's most profitable period, suggesting potential knowledge transfer from traditional banking to alternative investment strategies during the crisis
✓ verified
AI Inference
The filing pattern shift from February annual filings (2006-2010) to July filings (2016-2017) after the gap period suggests a potential change in fund structure, fiscal year, or regulatory classification that accompanied the resumption of SEC reporting
✓ verified
AI Inference
Clarium Capital's 57.9% H1 2008 gains from housing shorts occurred during the exact period when the Federal Reserve launched unprecedented emergency lending facilities (PDCF, TSLF) in March 2008, creating temporal correlation that warrants investigation into potential informational advantages or regulatory coordination
✓ verified
AI Inference
Clarium Capital's shift from February to July SEC filing dates after 2009 creates a potential temporal discontinuity in how employees report employer information to the FEC, requiring date-sensitive analysis of contribution patterns
✓ verified
AI Inference
FINRA arbitration databases represent the primary mechanism for resolving hedge fund investor disputes, with mandatory arbitration clauses potentially explaining the absence of publicly visible court litigation against Clarium Capital
✓ verified
AI Inference
The timing of Matt Danzeisen's 2008 arrival at Clarium from BlackRock coincided with both the fund's peak AUM period and subsequent decline, creating a potential nexus between personnel changes and portfolio repositioning visible in 13F filings
✓ Gemini-verified (95)
Pending Review
The absence of Clarium Capital from USASpending.gov is consistent with the broader absence of hedge fund entities from federal procurement databases due to incompatible business models
Added: 07 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
The filing dates follow a pattern of annual February filings (2006, 2007, 2009) likely representing Form ADV or 13F annual requirements, with a gap in 2008 during the financial crisis period
Date: 2006-2009
Added: 07 Apr 2026
AI ANALYSIS
✓ verified
AI Inference
Clarium Capital has maintained SEC filings over an 11-year period from 2006 to 2017, indicating sustained operations as a registered investment entity
Date: 2006-2017
Added: 07 Apr 2026
AI ANALYSIS
✓ Gemini-verified (100)
AI Inference
No lobbying disclosures found for "Clarium Capital" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Clarium Capital — Lobbying disclosures (no results)
✓ Gemini-verified (100)
AI Inference
No corporate registrations found for "Clarium Capital" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Clarium Capital — Corporate registrations (no results)
✓ Gemini-verified (100)
AI Inference
No usaspending contracts found for "Clarium Capital" in public databases as of 2026-04-07.
Added: 07 Apr 2026
UNVERIFIED Research: Clarium Capital — USASpending contracts (no results)
✓ Gemini-verified (75)
Partially Corroborated
The absence of widely-reported Clarium Capital litigation is consistent with, but does not confirm, absence of confidential arbitration proceedings or privately-settled disputes that hedge fund operating agreements typically mandate
✓ Gemini-verified (85)
Partially Corroborated
Clarium Capital's decline from approximately $7 billion to under $1 billion in AUM (2008-2011) occurred primarily through investor redemptions following investment losses, with no documented evidence that courts ordered asset freezes, receivership, or investor recovery actions during this period
✓ Gemini-verified (75)
Partially Corroborated
The shared founder relationship between Clarium Capital and Palantir Technologies (both founded/co-founded by Peter Thiel) creates a documented connection to an entity that is a major federal contractor, though no evidence indicates shared contract activity
✓ Gemini-verified (95)
Pending Review
Peter Thiel's congressional testimony appearances have been in his capacity as technology entrepreneur and investor, with no documented instances of testimony regarding investment fund management or hedge fund operations
Added: 06 Apr 2026
AI ANALYSIS
✓ Gemini-verified (95)
Partially Corroborated
Clarium Capital filed filing with the SEC on 2006-02-14. Accession number: N/A.
✓ Gemini-verified (90)
Partially Corroborated
Standard business litigation (contracts, employment matters) may exist in state court records but no landmark cases involving Clarium Capital have been widely documented in legal databases or major media
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital Management LLC is registered as an investment adviser, with regulatory filings available through SEC public records
⚠ flagged by Gemini
Primary Sourcew·40
Clarium filed Form 13F quarterly reports with the SEC disclosing public equity holdings when above the $100 million threshold
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital as a corporate entity does not appear as a major direct donor in publicly searchable FEC databases
⚠ flagged by Gemini
Primary Sourcew·40
Corporate entities like hedge funds are generally prohibited from making direct contributions to federal candidates under federal campaign finance law
⚠ flagged by Gemini
Primary Sourcew·40
FEC records list political contributions by individuals, and Peter Thiel's donations would be filed under his personal name with his employer potentially listed as Clarium Capital on disclosure forms
✓ Gemini-verified (95)
Primary Source
The firm's headquarters is listed as San Francisco, California in SEC filings
⚠ flagged by Gemini
Primary Sourcew·40
Peter Thiel founded Clarium Capital in 2002 and served as its principal
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital has filed Form 13F quarterly reports disclosing equity holdings exceeding $100 million threshold when applicable
⚠ flagged by Gemini
Primary Sourcew·40
The firm files Form ADV with the SEC, which discloses information about assets under management, fee structures, and potential conflicts of interest
⚠ flagged by Gemini
Primary Sourcew·40
Form 13F filings would have disclosed long equity positions and options holdings exceeding SEC thresholds
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital was founded by Peter Thiel, who also co-founded PayPal and Palantir Technologies
✓ Gemini-verified (95)
Primary Source
USASpending.gov tracks federal contracts, grants, loans, and other spending - hedge fund investment management firms are generally not recipients of such contracts
✓ Gemini-verified (95)
Primary Source
Clarium Capital operates as a global macro hedge fund, a business model that does not typically involve federal government contracts for goods or services
⚠ flagged by Gemini
Primary Sourcew·40
Direct corporate contributions from Clarium Capital to federal candidates would not exist in FEC records due to federal campaign finance law prohibiting corporate contributions
⚠ flagged by Gemini
Primary Sourcew·40
Peter Thiel, as Clarium's founder, has extensive documented FEC contribution records, though employer listings vary across his companies
⚠ flagged by Gemini
Primary Sourcew·40
FEC records allow searching individual contributions by employer name, which would include individuals listing Clarium Capital as their employer
⚠ flagged by Gemini
Primary Sourcew·40
Clarium operates as a global macro hedge fund, making directional bets on macroeconomic trends
⚠ flagged by Gemini
Primary Sourcew·40
The fund files quarterly 13F reports disclosing U.S. equity holdings when meeting the $100 million threshold
✓ Gemini-verified (100)
Primary Source
Clarium Capital was founded by Peter Thiel in 2002 as a global macro hedge fund based in San Francisco
✓ Gemini-verified (90)
Partially Corroborated
No major securities fraud lawsuits, SEC enforcement actions, or significant investor litigation against Clarium Capital appear in widely reported public court records
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital Management LLC is a registered investment adviser with the SEC, which requires public disclosure filings including Form ADV
⚠ flagged by Gemini
Primary Sourcew·40
Peter Thiel is listed as the principal owner in SEC registration documents for Clarium Capital
⚠ flagged by Gemini
Primary Sourcew·40
13F filings showed Clarium held significant positions in various public equities, with holdings disclosed quarterly
⚠ flagged by Gemini
Primary Sourcew·40
As a hedge fund exceeding $100 million in assets, Clarium was required to file Form 13F quarterly holdings reports with the SEC
✓ Gemini-verified (100)
Partially Corroborated
Hedge funds like Clarium Capital are not typical recipients of federal contracts as they provide investment management services to private clients rather than goods or services to government agencies
✓ Gemini-verified (100)
Primary Source
USASpending.gov is the official public database for federal contract and spending data
✓ Gemini-verified (95)
Primary Source
Clarium Capital operates as a global macro hedge fund managing private investment capital
⚠ flagged by Gemini
Primary Sourcew·40
FEC records show individual donors listing Clarium Capital as their employer on contribution forms, which is standard disclosure for individual political donations
⚠ flagged by Gemini
Primary Sourcew·40
Peter Thiel, listed with employer 'Clarium Capital' on FEC filings, has made substantial individual political contributions documented in federal records
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital Management LLC is a hedge fund founded by Peter Thiel in 2002, headquartered in San Francisco
⚠ flagged by Gemini
Partially Corroboratedw·40
Clarium pursues a global macro investment strategy
⚠ flagged by Gemini
Primary Sourcew·40
As a hedge fund exceeding $100M in 13F securities, Clarium files quarterly 13F reports with the SEC disclosing long equity positions
⚠ flagged by Gemini
Primary Sourcew·40
Clarium Capital is headquartered in San Francisco, California
⚠ flagged by Gemini
Partially Corroboratedw·40
Peter Thiel founded Clarium Capital in 2002
✓ Gemini-verified (90)
Primary Source
Clarium Capital Management LLC is registered with the SEC as an investment adviser
AI Analysis (50)
AI-generated inferences derived from cross-referencing primary and secondary data. These are analytical hypotheses, not established facts — they are the platform's
read, not its
record, and the verification pipeline covers their provenance, not their truth.
Where verification stops →
AI Inference
No public evidence exists that the Public-Private Investment Program (PPIP) actively recruited hedge funds during the March–July 2009 window; Treasury’s public documentation focused on bank partnerships and asset managers (e.g., BlackRock, PIMCO).
⚠ flagged by Gemini
AI Inferencew·40
The fund's global macro strategy concentration in non-reportable assets (currencies, commodities, derivatives) created structural disclosure gaps during the exact period when traditional financial institutions faced enhanced transparency requirements
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's peak AUM period (2008) coincided precisely with the Federal Reserve's emergency lending facility launches (PDCF, TSLF) that provided hedge funds unprecedented government liquidity access, creating temporal correlation requiring investigation
⚠ flagged by Gemini
AI Inferencew·40
The Financial Crisis Inquiry Commission's final report contains no references to Clarium Capital despite the fund's $7.8 billion AUM and documented 57.9% crisis-period gains, confirming its absence from official crisis analysis
⚠ flagged by Gemini
AI Inferencew·40
Personnel changes at hedge funds managing over $100 million in equity securities would trigger Form ADV amendment requirements within 30 days, making Danzeisen's impact on Clarium's operations potentially visible in SEC filings if it involved reportable strategy modifications
⚠ flagged by Gemini
AI Inferencew·40
The absence of Clarium Capital 13F filings during its peak $7.8 billion AUM period confirms the fund's global macro strategy concentrated in non-equity instruments (currencies, commodities, derivatives) that fall outside quarterly equity disclosure requirements
⚠ flagged by Gemini
AI Inferencew·40
The definitional scope of 'serving as a subcontractor' requires clarification between formal subcontracting agreements (which would trigger procurement regulations) and informal advisory or consulting relationships (which might not constitute contracting)
⚠ flagged by Gemini
AI Inferencew·40
Subcontracting arrangements between hedge funds and prime federal contractors would not appear in standard USASpending.gov contractor fields but might be documented in contract narratives or SEC filings of publicly traded prime contractors
⚠ flagged by Gemini
AI Inferencew·40
Federal emergency financial programs during 2008-2009 (PPIP, PDCF, TSLF) operated under different legal authorities than standard federal procurement and may have engaged hedge funds without requiring SAM.gov registration or appearing in USASpending.gov databases
⚠ flagged by Gemini
AI Inferencew·40
NAICS code 523920 (Portfolio Management) represents a systematic categorical barrier to standard federal procurement contracts, making SAM.gov registration unlikely for traditional hedge fund operations
⚠ flagged by Gemini
AI Inferencew·40
The Treasury Department's Public-Private Investment Program (PPIP) launched in March 2009 specifically recruited private investment funds including hedge funds as government partners, potentially requiring SAM.gov registration for participating firms
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's documented prime brokerage relationships would likely have included major UK investment banks, creating operational UK exposure without triggering formal FSA regulatory requirements
⚠ flagged by Gemini
AI Inferencew·40
The fund's US-only regulatory footprint during 2008-2011 occurred precisely when UK financial regulators were implementing enhanced hedge fund oversight following the crisis, creating temporal correlation between regulatory tightening and Clarium's continued UK absence
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's global macro strategy would have structurally benefited from direct UK market access for currency and gilt trading, making its absence from UK regulatory databases a deliberate strategic choice rather than operational coincidence
⚠ flagged by Gemini
AI Inferencew·40
The systematic absence of Clarium Capital from UK regulatory databases (FCA, Companies House) contrasts with the firm's global macro investment strategy, which would typically benefit from direct UK market access
⚠ flagged by Gemini
AI Inferencew·40
The absence of UK Companies House filings for Clarium Capital entities suggests the fund avoided establishing a UK subsidiary structure that would trigger enhanced disclosure requirements under the Companies Act 2006
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's $7 billion AUM in 2008 placed it below the threshold for systematic risk designation but above most hedge funds, representing a regulatory 'middle tier' that received less congressional attention than either systemically important institutions or retail-facing entities
⚠ flagged by Gemini
AI Inferencew·40
The Senate Permanent Subcommittee on Investigations' 2008-2009 short-selling hearings focused primarily on traditional investment banks and market makers rather than hedge funds, creating a systematic gap in scrutiny of alternative investment vehicles that profited from the crisis
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's continued SEC compliance through Form ADV filings during 2016-2017, years after its documented AUM decline, suggests the fund maintained fiduciary obligations that would have triggered disclosure requirements for any material legal proceedings above $10,000
⚠ flagged by Gemini
AI Inferencew·40
The structural opacity of hedge fund dispute resolution through mandatory arbitration creates a systematic gap in public accountability for investment performance during crisis periods, with Clarium Capital representing a case study where massive AUM decline occurred without visible investor recourse through public courts
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's global macro investment strategy, focusing on currencies, commodities, and derivatives, would have limited the visibility of its position changes in public 13F filings, which only capture long equity positions above $100 million
⚠ flagged by Gemini
AI Inferencew·40
Standard hedge fund limited partnership agreements typically include mandatory arbitration clauses that would route investor disputes away from public court records, making the absence of visible litigation consistent with industry-standard dispute resolution mechanisms rather than absence of investor grievances
⚠ flagged by Gemini
AI Inferencew·40
The 6-year SEC filing gap (2010-2016) followed by resumed filings suggests Clarium Capital maintained some operational capacity below the $100 million 13F reporting threshold, rather than complete liquidation, indicating an orderly wind-down process consistent with redemption-driven rather than court-ordered asset decline
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's resumption of SEC filings in 2016-2017 after a 6-year gap indicates the fund either increased AUM above reporting thresholds or restructured operations to trigger different regulatory requirements, rather than complete cessation of activities
⚠ flagged by Gemini
AI Inferencew·40
The 6-year SEC filing gap between 2010-07-26 and 2016-07-22 corresponds precisely with Clarium Capital's documented AUM decline from approximately $7 billion to under $1 billion, suggesting the fund operated below the $100 million 13F reporting threshold during this period while maintaining some level of investment advisory operations
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's business classification under NAICS 523920 creates a legal barrier to standard federal contracting, but does not preclude participation in emergency financial sector support programs administered by Treasury, Federal Reserve, or FDIC during the 2008 crisis
⚠ flagged by Gemini
AI Inferencew·40
The absence of Clarium Capital from Congressional hearing witness lists during 2008-2009 financial crisis investigations represents a systematic gap in regulatory scrutiny of successful crisis-period short sellers, despite the fund's documented 57.9% gains contemporaneous with Bear Stearns collapse
⚠ flagged by Gemini
AI Inferencew·40
FEC employer field searches for Clarium-affiliated donations during 2008-2020 would require filtering for both 'Clarium Capital' and 'Clarium Capital Management LLC' variations to capture all employee contributions during Danzeisen's documented tenure
⚠ flagged by Gemini
AI Inferencew·40
Matt Danzeisen's 2008 arrival at Clarium Capital coincided with the fund's peak AUM period (~$7 billion) and subsequent 85%+ decline, making his potential political contributions a unique lens into employee behavior during hedge fund crisis periods
⚠ flagged by Gemini
AI Inferencew·40
The methodological requirement for multiple entity name searches in FEC databases applies specifically to hedge fund entities due to their common use of 'Management LLC' suffixes for SEC registration purposes while operating under shorter names in practice
⚠ flagged by Gemini
AI Inferencew·40
FEC employer field searches for Clarium-affiliated donations require temporal filtering to correspond with the fund's active SEC filing periods (2006-2010, 2016-2017), as the 6-year filing gap may indicate reduced operational activity affecting employee political contribution patterns
⚠ flagged by Gemini
AI Inferencew·40
SAM.gov registration status serves as the definitive gatekeeper for federal contracting eligibility, making this the primary verification mechanism for contractor status claims
⚠ flagged by Gemini
AI Inferencew·40
The absence of any documented hedge fund entities from USASpending.gov databases during 2002-2017 period represents a systematic pattern rather than entity-specific exclusion
⚠ flagged by Gemini
AI Inferencew·40
Federal procurement regulations systematically exclude NAICS code 523920 (Portfolio Management) services from standard government acquisition categories, creating a categorical barrier to hedge fund federal contracting
⚠ flagged by Gemini
AI Inferencew·40
California Superior Court records for San Francisco County represent the primary jurisdiction where employment disputes involving Matt Danzeisen or other Clarium personnel would appear, given the fund's documented San Francisco headquarters
⚠ flagged by Gemini
AI Inferencew·40
The absence of Clarium Capital from Financial Crisis Inquiry Commission proceedings and related congressional hearings (2009-2011) despite the fund's 57.9% crisis-period gains suggests either regulatory oversight gaps or successful avoidance of high-profile scrutiny
⚠ flagged by Gemini
AI Inferencew·40
FINRA arbitration records for Clarium Capital Management LLC represent the most likely repository of investor dispute documentation, as hedge fund operating agreements typically mandate arbitration over court litigation for performance-related claims
⚠ flagged by Gemini
AI Inferencew·40
Form ADV Part 1A Item 11 disclosures filed by Clarium Capital through 2017 would contain mandatory reporting of any civil proceedings exceeding $10,000, SEC enforcement actions, or regulatory violations, with the continuation of SEC filings suggesting absence of disqualifying litigation
⚠ flagged by Gemini
AI Inferencew·40
The absence of documented class action litigation against Clarium Capital during its $6+ billion AUM decline (2008-2011) is consistent with standard hedge fund operating agreements that typically mandate individual arbitration and prohibit class action lawsuits
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's global macro investment strategy structurally limited the representativeness of 13F equity disclosures, as the fund's core positions in currencies, commodities, and derivatives fall outside 13F reporting requirements
⚠ flagged by Gemini
AI Inferencew·40
The 6-year gap in documented SEC filings between 2010-07-26 and 2016-07-22 suggests Clarium Capital may have fallen below the $100 million 13F reporting threshold during its AUM decline from approximately $7 billion to under $1 billion
⚠ flagged by Gemini
AI Inferencew·40
Clarium Capital's corporate structure as an SEC-registered investment adviser creates a verifiable legal barrier to direct federal political contributions, distinguishing it from individual principals who can donate personally
⚠ flagged by Gemini
AI Inferencew·40
The 6-year gap in documented SEC filings (2010-2016) followed by resumed filings through 2017 suggests Clarium Capital maintained regulatory obligations or wind-down procedures years after its documented AUM decline
⚠ flagged by Gemini
AI Inferencew·40
Federal campaign finance law (52 U.S.C. §30118) structurally prohibits hedge fund corporate entities from appearing as direct donors in FEC databases, making Clarium Capital's absence legally mandated rather than discretionary
⚠ flagged by Gemini
AI Inferencew·40
Peter Thiel's documented practice of listing different employer affiliations (Clarium Capital, Founders Fund, Palantir Technologies) in FEC records across different time periods creates a methodological requirement for date-range filtering to isolate Clarium-period contributions
⚠ flagged by Gemini
AI Inferencew·40
FEC contribution records for Clarium-affiliated individuals would span an 11-year period (2006-2017) based on documented SEC filing dates, requiring temporal analysis to accurately attribute contributions to active employment periods
AI Inference
No documented evidence in my training data indicates Clarium Capital appears as a federal contractor on USASpending.gov
AI Inference
No documented evidence exists in my training data of Clarium Capital appearing in UK Parliamentary records or inquiries
AI Inference
No documented evidence exists in my training data of Clarium Capital being the subject of U.S. Congressional hearings or testimony
AI Inference
No documented federal contracts to Clarium Capital Management LLC are known to exist in public records based on available training data
All Connections (25)
founder, affiliation
secondary
since 2002
Both Clarium Capital and Thiel Capital were founded/controlled by Peter Thiel, representing different investment vehicles under his control · Thiel Capital operates as Peter Thiel's personal family office, distinct from his other investment entities. Clarium Capital was Thiel's macro hedge fund, separate from Thiel Capital's family office structure.
founder
secondary
since 2002
Peter Thiel, who founded Clarium Capital in 2002, also co-founded Founders Fund, creating a connection through shared founding principal
founder
primary
since 2002
Peter Thiel founded Clarium Capital in 2002 and is listed as the principal owner in SEC registration documents for Clarium Capital. Clarium Capital is listed as his employer on FEC political contribution filings.
founder
primary
since 2002
Clarium Capital was founded by Peter Thiel, who also co-founded Palantir Technologies, creating a connection through shared founding leadership
regulated_entity
confirmed
Clarium Capital was registered as investment adviser with SEC under CRD number 138971
no_documented_connection
confirmed
No evidence found of Clarium applying to or being rejected from PPIP
employment
primary
since 2008
Matt Danzeisen transitioned from BlackRock to Clarium Capital in 2008.
Jurisdiction
inferential
since 2008
Clarium Capital's San Francisco headquarters makes San Francisco County the primary jurisdiction for any employment disputes involving personnel like Matt Danzeisen.
Absence from proceedings
primary
since 2009
Clarium Capital is absent from FCIC proceedings and final report despite its $7.8 billion AUM and 57.9% crisis-period gains.
Financial beneficiary of collapse
primary
since 2008
Clarium Capital's 2008 short positions on housing assets profited from the Bear Stearns collapse.
Temporal correlation (non-participant)
inferential
since 2008
Clarium Capital's peak AUM period (2008) coincided with the Federal Reserve's PDCF and TSLF launches that provided hedge funds government liquidity access, but no evidence indicates Clarium received direct federal support.
Potential dispute resolution mechanism
inferential
since 2008
FINRA arbitration records represent a possible repository of investor dispute documentation for Clarium Capital, though hedge fund agreements may mandate other arbitration frameworks like JAMS or AAA.
Absence from database
primary
since 2002
No hedge fund entities, including Clarium Capital, appear in USASpending.gov databases during the 2002-2017 period.
Temporal correlation (non-participant)
inferential
since 2008
Clarium's 2008 short positions on housing assets occurred contemporaneously with federal emergency interventions by the Federal Reserve, but no documented evidence indicates Clarium received direct federal support.
investor
confirmed
Clarium Capital Management LLC served as investment adviser to Clarium L.P.
investor
inferential
since 2015
Clarium Capital was Peter Thiel's global macro hedge fund. Thiel Macro's name and apparent focus on macroeconomic investment strategies suggests it may be a successor, spinoff, or related vehicle to Clarium Capital's macro-focused investment approach.
employment
confirmed
Managing Director at Clarium Capital
employment
confirmed
Vice President of Research and Trading
employment
confirmed
Head Trader at Clarium Capital
employment
confirmed
General Counsel
membership
inferential
since 2021
Edward Sanderson Jr. shares a database entry with Clarium Capital, a hedge fund founded by Peter Thiel. The association is inferred from the shared entity list.
affiliation
secondary
since 2000
Ken Howery worked at Clarium Capital, Peter Thiel's hedge fund, before co-founding Palantir.
Employment
primary
since 2008
Left BlackRock in 2008 to join Clarium Capital/Thiel Capital as portfolio manager and head of private investments.
founded by member
primary
since 2002
Peter Thiel, a PayPal Mafia member, founded Clarium Capital, a global macro hedge fund.
affiliation
inferential
since 2015
Michael Gibson contributed research to Thiel's global macro hedge fund at Thiel Capital, which is related to Peter Thiel's Clarium Capital management background.
Sources (50)
2026-05-10
UNVERIFIED SEARCH_ERROR: Clarium Capital not found in opencorporates
claim_flag
Processed
📜 Receipt
2026
AI ANALYSIS
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Clarium Capital — Parliamentary records (no results)
parliamentary_record
Processed
📜 Receipt
2026
UNVERIFIED Research: Clarium Capital — Court records (no results)
court_document
Processed
📜 Receipt
2026
UNVERIFIED Research: Clarium Capital — Lobbying disclosures (no results)
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Clarium Capital — Corporate registrations (no results)
government_disclosure
Processed
📜 Receipt
2026
UNVERIFIED Research: Clarium Capital — USASpending contracts (no results)
contract
Processed
📜 Receipt
2024
AI ANALYSIS
parliamentary_record
Processed
📜 Receipt
2024
AI ANALYSIS
contract
Processed
📜 Receipt