Investment adviser · CRD 315289

BLACK TORO LLC

Investment adviser filing (IA)

MIAMI, FL, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $345M
Client accounts: 65
Employees: 15
Advisory professionals: 5

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
Insurance companies	1	$246,481,364	71.4%
High-net-worth individuals	29	$83,707,001	24.3%
Individuals	34	$12,023,333	3.5%
Pooled investment vehicles	1	$2,929,451	0.8%

Filing source

Form ADV 2080088 · Mar 31, 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

1 Private fund

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

BT FUND SPCHedge Fund · Last reported Mar 31, 2026$2.93MGross asset value

Fund administrator ZEDRA FUND SERVICES (CURACAO) N.V. WILLEMSTAD, Curacao Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO CAYMAN LTD GRAND CAYMAN, Cayman Islands

Custodian STONEX FINANCIAL INC. WINTER PARK, Florida, United States Related to adviser: No

Prime broker STONEX FINANCIAL INC. WINTER PARK, Florida, United States

Provider details

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

BDO CAYMAN LTD
PCAOB 2162

STONEX FINANCIAL INC.
SEC 8-51269

STONEX FINANCIAL INC.
CRD 45993 · SEC 8-51269

Fund details & source

Fund ID: 805-2956648319
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2080088 · Mar 31, 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.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

600 BRICKELL AVENUE, SUITE 1775
MIAMI, FL, 33131, United States

CRD 315289

Filing source

Form ADV 2080088 · Mar 31, 2026 · Items 1 & 5

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