GENERAL INFORMATION
Campbell & Company Investment Adviser LLC (“Campbell”) and Campbell & Company, LP are together filing
a single Form ADV. Campbell & Company, LP is not separately-registered as an investment adviser with the
SEC, but instead relies on the registration of Campbell & Company Investment Adviser LLC. Accordingly,
Campbell & Company, LP is deemed to be a registered investment adviser subject to all the provisions of the
Investment Advisers Act of 1940, as amended, and the rules and regulations thereunder.
Campbell & Company Investment Adviser LLC is a Delaware limited liability company formed in 2005 and
registered with the SEC as an investment adviser in May 2005. In December 2005, Campbell & Company
Investment Adviser LLC registered with t
he Commodity Futures Trading Commission ("CFTC") as a
commodity trading advisor and it is a member of t
he National Futures Association ("NFA") in such capacity.
Campbell & Company Investment Adviser LLC is wholly owned by Campbell & Company, LP (successor in
interest to Campbell & Company, Inc.), which serves as Campbell & Company Investment Adviser LLC’s sole
member. Campbell & Company, LP’s registration with the CFTC as a commodity trading advisor and
commodity pool operator became effective May 1978 and September 1982, respectively. Campbell &
Company, LP is a member of the NFA in both capacities.
Campbell’s registrations should not be taken as an indication that its advisory services are recommended or
approved by the SEC, CFTC, or NFA.
SERVICES PROVIDED
Campbell provides systematic, quantitative, model-driven investment management. Our trading decisions are
based upon proprietary models designed to detect and exploit price
changes. We invest in a multitude of
markets and instruments, including global interest rates, equities, stock indices, credit indices, currencies,
energy, and assorted commodities. We use derivative instruments, including futures, forward, and swap
contracts, as well as long and short equity positions to exploit inefficiencies in the markets. All of the markets
in which we trade have a sufficient degree of liquidity and transparency.
Our portfolios incorporate multiple strategies. When combined, these strategies are designed to deliver broad
diversification with the goal of mitigating market risk. Risk management tools are integral to our models and
provide our first defense against losses. Additional risk monitoring, measurement, and management tools are
employed regularly to attempt to reduce market risk and preserve capital in each portfolio.
Campbell’s investment advisory Clients may include registered investment companies (“RICs”), U.S. and non-
U.S. collective investment vehicles sponsored by Campbell to invest in securities or derivative instruments
(“Sponsored Funds”), and U.S. and non-U.S. institutions or high net worth individuals who meet eligibility
requirements (“Managed Accounts”) (collectively, “RICs,” “Sponsored Funds,” and “Managed Accounts” are
referred to as “Clients”).
Campbell may provide customized investment or risk management advice to Clients based on their specific
investment objectives, financial situation, and risk profile.
Campbell may also provide administrative, transfer agency, and/or investor services to certain Sponsored
Funds.
CLIENT ASSETS UNDER MANAGEMENT
As of December 31, 2023, Campbell provided investment advisory services on a discretionary basis to Clients
with assets under management of approximately $2.6 billion.