A clutch assembly (10) and a method of assembly operable for transferring rotary power between a first shaft (12) and a second shaft (14) through a set of inner clutch plates (16) and a set of outer clutch plates (18) can include at least one of an outer plate separator (28) and an inner plate separator (30). The outer plate separator (28) can be biased radially inward toward the outer clutch plates (18) for axially separating each of the outer clutch plates (18) and moveable radially outward away from the outer clutch plates (18) by centrifugal force when the clutch assembly (10) is rotated above a predetermined rotational speed threshold. The inner plate separator (30) is biased radially outward for axially separating each of the inner clutch plates (16) and moveable radially inward away from the inner clutch plates (16) by axial movement of a hydraulically actuated wedge member (31) when the clutch assembly (10) is engaged.