Private company

Clarium Capital

Clarium Capital Management LLC was an American investment management and hedge fund company pursuing a global macro strategy.1

Last updated Oct 18, 2026.

Overview

1998Founded1
  • Industryinvestment management1
  • HeadquartersW. R. Grace Building1
  • Founded inSan Francisco1
  • Websitewww.clarium.com

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Clarium Capital Management LLC was an American investment management and hedge fund company pursuing a global macro strategy. It was founded in San Francisco in 2002 by Peter Thiel, co-founder of PayPal and early investor in Facebook. Its assets under management grew to $8 billion in 2008, after which a series of unprofitable investments and client redemptions shrank that to about $350 million as of 2011.2

How it started

Function and history

Clarium was an employee-owned firm that invests in public equity (primarily in micro-cap companies), fixed income, and hedging markets. Unlike most funds, which charge clients about a 2% management fee for their total assets invested and an additional 20% performance fee of the increase in the fund's net asset value, Clarium charged a 0% management fee and a performance fee of 25%.

The company stopped working while Thiel worked at PayPal and resumed in 2002. In 2008, Clarium moved its headquarters from San Francisco to New York City. In June 2010 Thiel closed the New York office to consolidate the company into one location at its San Francisco office. By 2011, the company had shrunk by 90%. It was considered defunct by 2013.

From Wikipedia’s article on Clarium Capital, shared under CC BY-SA 4.0.2

Leadership

Who has led Clarium Capital, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (1)

Timeline

  1. 1998Founded Founded in San Francisco1

Sources

The numbers on this page point here. Each one links to the record it came from.

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