Callodine Capital Management, Lp
- Regulatory AUM
- $2.0B
- Discretionary
- $2.0B
- Clients
- 15
- Avg AUM / client
- $136M
- Accounts
- 15
- Employees
- 19
AUM over time
Annual snapshots from Form ADV filings · as of Jun 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 3 | $456M | 22.4% |
| Pooled investment vehicles (non-investment companies) | 10 | $1.5B | 74.5% |
| Corporations and other businesses | 2 | $62.7M | 3.08% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $519M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Callodine Capital Master Fund, L.P. master | Hedge Fund | Cayman Islands | $443M | 29 |
| Callodine Bdc Income Fund, Lp | Other Private Fund | Delaware | $76.2M | 91 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Morrow, James, Stuart | Chief Executive Officer/Chief Investment Officer | May 2018 (8y) | ≈ 56.25% – 100% via Callodine Group, Llc | |
| Dinwoodey, Jonathan, Hosmer | General Counsel | Mar 2021 (5y) | Less than 5% | |
| Cammarata, Kristen, Marie | Chief Compliance Officer | Mar 2023 (3y) | Less than 5% | |
| Lyons, John, F | Chief Operations Officer | Apr 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Callodine Group, Llc | Owner | Oct 2020 | A | 75% or more |
| Callodine Capital Management, Llc | General Partner | May 2018 | A | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Morrow, James, Stuart: 75% – 100% of Callodine Group, Llc × 75% – 100% direct ≈ 56.25% – 100% 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, $519M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Callodine Capital Master Fund, L.P. | Hedge Fund | $443M | $1.0M | 29 |
| Callodine Bdc Income Fund, Lp | Other Private Fund | $76.2M | $500K | 91 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/16/2026 | 2.46 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
- • Percentage of assets under management
- • Other fees
- • PERFORMANCE FEES PAID TO AFFILIATED GENERAL PARTNER
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Jefferies Llc $22.8M (1% of AUM) Jun 2026
- Bofa Securities, Inc. $4.0M (0% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 16, 2026.
View current Form ADV (SEC/IAPD) ↗