CK LLC is a Delaware limited liability company that has been registered as an investment
adviser with the SEC since September 16, 2008. George M. Cohen and Thomas D. Klingenstein,
both managing members of CK LLC, are the principal owners of CK LLC.
The Firm currently advises one private investment fund, the CK Diversified Fund LLC
(“Diversified Fund” or “Fund”), a Delaware limited liablity company that commenced operations
in 2013. The Diversified Fund offers a tax-sensitive investment strategy. CK LLC is the sole
investment manager (“Manager”) to the Fund. Certain other terms used in this Brochure in
connection with the Fund have the definitions given in the Fund’s governing documents.
The Firm manages securities portfolios and serves as an investment adviser for individuals,
corporations, trusts, foundations, corporate profit sharing plans, individual retirement accounts,
charitable organizations and private investment funds, including the Fund.
The Firm generally expects to primarily invest in U.S. securities, although it may also invest in
non-U.S. securities from time to time.
The Firm expects to limit its advice
to the products and accounts listed above. The Firm may
manage additional separate accounts and/or private investment funds in the future. In many
cases, a more complete discussion of the topics discussed in this Brochure may be available in
the governing documents of the account or Fund, as applicable. In the event of any
inconsistency between the governing documents of an account or Fund, as applicable, and this
Brochure, the governing documents shall prevail.
This Brochure is not an offer of an interest in a fund, or an offer of, or an agreement to
provide, advisory or investment management services directly to any prospective client or
investor. Rather, this Brochure is designed solely to provide information about the Firm in
compliance with certain obligations under the Investment Advisers Act of 1940, as amended (the
“Advisers Act”) and, as such, responds to relevant regulatory requirements under the Advisers
Act.
Assets under Management
As of December 31, 2022 CK LLC managed approximately $2,056,027,795 of client assets on a
discretionary basis.
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