What Cloudbreak Compliance Group does

Cloudbreak Compliance Group is a boutique regulatory compliance consulting firm founded in 2015 and headquartered at 200 Mamaroneck Avenue, Suite 401, White Plains, New York. The firm serves private fund managers — including hedge funds and private equity funds — and registered investment advisers, including exempt reporting advisers. Its service portfolio encompasses SEC registration, exempt reporting advisor filings, Form PF filings, compliance program development, annual compliance reviews, employee compliance training, mock audits, and regulatory examination support. Engagement delivery is hands-on, with regular on-site meetings, ad hoc regulatory guidance, and ongoing senior-level support from the firm's two named principals.

The firm's underlying offering is human-delivered consulting rather than a software product. Technology is limited to a Squarespace-hosted website, an email subscription list, and contact-form-driven inbound; there are no disclosed APIs, integrations, AI/ML capabilities, or proprietary software platforms. The business model is recurring services revenue through customized, quote-based engagements rather than standardized SaaS pricing.

The company is privately held by its founders and principals, Todd Kaplan (Founder and Principal, formerly of Duff & Phelps, Kleinberg Kaplan, and Schulte Roth & Zabel) and Michael Cairo (Principal, formerly CCO of Blue Ridge Capital, with prior regulatory examiner experience at NYSE and compliance roles at Barclays Capital, Daiwa Securities, and ING Barings). It has served 75+ managers cumulatively since founding, operates only in the New York region per disclosed geographies, has no institutional funding, no parent company, no subsidiaries, no disclosed M&A activity, and a headcount of 1–10 employees.

Name

Cloudbreak Compliance Group

Legal name

Cloudbreak Compliance Group, LLC

Website

https://cloudbreakcompliance.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Cloudbreak Compliance Group is a White Plains-based boutique consulting firm, founded in 2015, that provides recurring regulatory compliance services — including SEC registration, program development, mock audits, and examination support — to private fund managers and investment advisers.

Ownership category

akta.pro rank

Headquarters

HQ city

White Plains

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Compliance Consulting Services: Ongoing regulatory compliance consulting and support services for private fund managers and investment advisers, including customized compliance programs, annual reviews, employee training, and ad hoc regulatory guidance.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Cloudbreak Compliance Group is a boutique consulting firm that provides private fund managers and investment advisers with outsourced regulatory compliance services. Its core engagements include SEC registration, custom compliance program development, annual compliance reviews, employee training, mock audits, regulatory examination support, and filings such as Form PF and Form ADV amendments. Services are delivered on-site with ongoing senior-level support and are customized to each client's regulatory profile.

Differentiator

Problem solved

Functional benefit

Products and services

• Compliance Consulting Services Outsourced regulatory compliance consulting services for private fund managers and investment advisers, including SEC registration, compliance program development, employee training, mock audits, and regulatory examination support.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Expansion highlights2 records

Others

• Investment Adviser Association (IAA): The IAA is the leading trade association for SEC-registered investment advisers, providing advocacy, compliance resources, and educational programming to adviser firms. While not a direct competitor, it shapes the regulatory environment that drives demand for Cloudbreak's services and overlaps in member education content.
• Duff & Phelps (now Kroll): Duff & Phelps' Investment Management Regulatory Compliance practice (now part of Kroll) provides regulatory and compliance consulting to hedge funds, private equity firms, and investment advisers. It is listed as a prior employer of Cloudbreak's founder and operates a much larger, multi-jurisdictional alternative in the same niche.
• Schulte Roth & Zabel LLP: Schulte Roth & Zabel is a major New York law firm with a leading investment management practice, including regulatory compliance counseling for hedge funds and private fund managers. It is listed as a prior employer of Cloudbreak's founder and represents a higher-end, law-firm-based alternative that competes for some of the same advisory mandates.

Direct peers

• Cipperman Compliance Services: Cipperman Compliance Services is a boutique compliance consulting firm focused on hedge funds, private equity firms, and registered investment advisers, offering outsourced CCO services, mock SEC exams, and compliance program development. It is one of the closest direct competitors to Cloudbreak in the niche private-fund compliance consulting space.
• National Regulatory Services (NRS): NRS provides regulatory compliance consulting, registration services, and continuing education to investment advisers, broker-dealers, and other financial services firms. Its service portfolio — including compliance program design, mock audits, and examination support — overlaps directly with Cloudbreak's offerings.
• Core Compliance & Legal Services (Core CLS): Core CLS is a boutique outsourced compliance and legal services firm serving investment advisers, private funds, and broker-dealers with services such as CCO outsourcing, regulatory examinations support, and compliance program development — a near-direct match for Cloudbreak's service model.
• Practical Compliance Solutions: Practical Compliance Solutions is a boutique firm providing outsourced CCO and compliance services to hedge funds, private funds, and registered investment advisers. It competes head-to-head with Cloudbreak for the same client segment and offers comparable SEC registration, mock audit, and ongoing advisory services.
• Registration Asset Management Compliance Services: Registration Asset Management Compliance Services is a small compliance consulting firm specializing in SEC registration, compliance program development, and ongoing compliance support for investment advisers and private fund managers — directly comparable in scope and target client to Cloudbreak.

Broad incumbents

• ACA Compliance Group: ACA Compliance Group is a large, established provider of compliance, risk, and cybersecurity solutions to the investment management industry, including GIPS verification, regulatory consulting, and technology-enabled compliance. It serves a much broader and more institutional client base than Cloudbreak but operates in the same core niche of investment-adviser compliance consulting.
• IQ-EQ: IQ-EQ is a global compliance, administration, and asset-servicing firm offering regulatory compliance, AIFMD support, and outsourced services to investment managers and fund structures worldwide. It serves as a much larger, internationally scaled alternative to Cloudbreak's private-fund compliance offering.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/cloudbreak-compliance-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cloudbreak Compliance Group