Investment adviser · CRD 166705

ALMITAS CAPITAL LLC

Investment adviser filing (IA)

SANTA MONICA, CA, United States · Form ADV filed May 8, 2026

Regulatory AUM: $1.07B
Client accounts: 2
Employees: 12
Advisory professionals: 8

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	2	$1,067,717,094	100.0%

Filing source

Form ADV 2103153 · May 8, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

2 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

ALMITAS OPPORTUNITY FUND LPHedge Fund · Last reported May 8, 2026$665MGross asset value

Form D fundraising filings

Almitas Opportunity Fund LP

Fund administrator PERENNIAL FUND SERVICES, LLC WESTLAKE VILLAGE, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CHERRY BEKAERT LLP RALEIGH, North Carolina, United States

Custodian CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States Related to adviser: No

Custodian FIDELITY PRIME SERVICES BOSTON, Massachusetts, United States Related to adviser: No

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY SMITH BARNEY LLC NEW YORK, New York, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker FIDELITY BROKERAGE SERVICES LLC BOSTON, Massachusetts, United States

Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

CHERRY BEKAERT LLP
PCAOB 677

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

INTERACTIVE BROKERS LLC
SEC 8-47257

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

PERSHING LLC
SEC 8-17574

UBS SECURITIES LLC
SEC 8-22651

FIDELITY BROKERAGE SERVICES LLC
CRD 7784 · SEC 8-23292

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source

Fund ID: 805-1620257237
Reported beneficial owners: 88
Minimum commitment: $500K
Form D file number: 021-209189

Form ADV 2103153 · May 8, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ALMITAS TACTICAL FUND LPHedge Fund · Last reported May 8, 2026$403MGross asset value

Form D fundraising filings

Almitas Tactical Fund LP