Clearfield Capital Management is a hedge fund manager founded in January 2015 by Phil Hilal. Combining event-driven, fundamental long/short, and activist strategies, Clearfield aims to identify companies undergoing transformative, non-recurring change. Through engagement with management and boards, Clearfield seeks to enhance investment performance. The firm focuses on high-conviction, catalyst-rich ideas in four sectors: business services, consumer TMT, industrials, and consumer staples. Additionally, Clearfield selectively offers co-investment opportunities, focusing on fully sized positions in the fund. With a collective experience of nearly 70 years, including 20 years at Clearfield, the investment team brings expertise from hedge funds, private equity, restructuring, management consulting, and investment banking, enabling the effective execution of Clearfield’s investment strategy.
Philip Joseph Hilal established Clearfield Capital Management LP in 2014 and currently serves as its Chief Investment Officer. Prior to this role, he held positions as an Analyst at Kingdon Capital Management LLC, Davidson Kempner Capital Management LP, and Goldman Sachs & Co. LLC. Mr. Hilal earned an MBA from Harvard University in 2003 and an undergraduate degree from Yale University in 1998.
Clearfield Capital Management manages discretionary assets totaling $270,671,880 as per their Form ADV dated March 2024, serving four clients. Their most recent 13F filing for Q4 2023 disclosed managed 13F securities valued at $114,793,015, with a top 10 holdings concentration of 97.23%. Notably, Clearfield Capital Management's largest holding is International Flavors and Fragrances, Inc., with 355,326 shares held.
