Investment adviser · CRD 158371

CANNELL CAPITAL LLC

Investment adviser filing (IA)

ALTA, WY, United States · Form ADV filed Mar 20, 2026

Regulatory AUM: $373M
Client accounts: 11
Employees: 4
Advisory professionals: 2

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
Other clients	Fewer than 5	$204,703,299	54.9%
Pooled investment vehicles	2	$156,354,836	41.9%
High-net-worth individuals	6	$11,768,598	3.2%

Filing source

Form ADV 2066619 · Mar 20, 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

9 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.

TONGA PARTNERS, L.P.Hedge Fund · Last reported Mar 20, 2026$199MGross asset value

Fund administrator ALTERDOMUS SALT LAKE, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, CO, Colorado, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN CHASE NA SAN FRANCISCO, California, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC 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

RICHEY, MAY & CO., LLP
PCAOB 673

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-2249172978
Reported beneficial owners: 19
Minimum commitment: $1M
Form D file number: 021-916248

Form ADV 2066619 · Mar 20, 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.

TRISTAN OFFSHORE FUND, LTD.Hedge Fund · Last reported Mar 20, 2026$43.4MGross asset value

Form D fundraising filings

Tristan Offshore Fund, Ltd.

Fund administrator ALTERDOMUS SALT LAKE, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, Colorado, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN CHASE NA SAN FRANCISCO, California, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC 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

RICHEY, MAY & CO., LLP
PCAOB 673

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-6707353468
Reported beneficial owners: 2
Minimum commitment: $1M
Form D file number: 021-450580

Form ADV 2066619 · Mar 20, 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.

CANNELL VENTURE PARTNERS I, L.P.Venture Capital Fund · Last reported Mar 20, 2026$2.18MGross asset value

Form D fundraising filings

Cannell Venture Partners I LP

Fund administrator CARTA PALO ALTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, Colorado, United States

Custodian INTERACTIVE BROKERS LLC NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN CHASE NA SAN FRANCISCO, California, United States Related to adviser: No

Provider details

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

RICHEY, MAY & CO., LLP
PCAOB 673

INTERACTIVE BROKERS LLC
SEC 8-47257

JP MORGAN CHASE NA
LEI 80-0513856

Fund details & source

Fund ID: 805-1529863998
Reported beneficial owners: 22
Minimum commitment: $100K
Form D file number: 021-438269

Form ADV 2066619 · Mar 20, 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.

TRISTAN PARTNERS LPHedge Fund · Last reported Aug 1, 2025$257MGross asset value

Form D fundraising filings

TRISTAN Partners L P

Fund administrator ALTERDOMUS SALT LAKE, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, Colorado, United States

Custodian FIRST REPUBLIC JP MORGAN CHASE NA SAN FRANCISCO, California, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC 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

RICHEY, MAY & CO., LLP
PCAOB 673

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-9054069878
Reported beneficial owners: 28
Minimum commitment: $1M
Form D file number: 021-80790

Form ADV 2007340 · Aug 1, 2025 · 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.

ANEGADA MASTER FUND, LTD.Hedge Fund · Last reported Apr 3, 2012$45.1MGross asset value

Feeder funds

TRISTAN OFFSHORE FUND, LTD.

Fund administrator STRATA FUND SERVICES LLC SALT LAKE CITY, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLC SALT LAKE CITY, Utah, United States

Custodian GOLDMAN, SACHS & CO. NEW YORK, New York, United States Related to adviser: No

Marketer GOLDMAN, SACHS & CO. NEW YORK, Utah, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

GOLDMAN, SACHS & CO.
SEC 8-129

GOLDMAN, SACHS & CO.
CRD 361 · SEC 801-16048

GOLDMAN, SACHS & CO.
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-8955771246
Reported beneficial owners: 4
Minimum commitment: $500K
Form D file number: 021-99999

Form ADV 636898 · Apr 3, 2012 · 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.

CUTTYHUNK MASTER PORTFOLIOHedge Fund · Last reported Jun 29, 2020$29.4MGross asset value

Form D fundraising filings

Cuttyhunk Master Portfolio

Feeder funds

Fund administrator HSBC SECURITIES SERVICES (IRELAND) DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE LTD HAMILTON, Bermuda

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer OPTIMA FUND MANAGEMENT LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

DELOITTE LTD
PCAOB 5230

GOLDMAN SACHS & CO. LLC
SEC 8-129

OPTIMA FUND MANAGEMENT LLC
CRD 105929 · SEC 801-45464

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-7889684741
Reported beneficial owners: 2
Minimum commitment: $500K
Form D file number: 021-130820

Form ADV 1439814 · Jun 29, 2020 · 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.

NASHUK PARTNERS LPHedge Fund · Last reported Mar 30, 2018$26.3MGross asset value

Form D fundraising filings

Nashuk Partners LP

Fund administrator STRATA FUND SOLUTIONS LLC SALT LAKE CITY, Maine, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KMPG LLP SALT LAKE CITY, Utah, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC 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

KMPG LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-5914657389
Reported beneficial owners: 2
Minimum commitment: $500K
Form D file number: 021-108874

Form ADV 1197947 · Mar 30, 2018 · 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 20, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

245 MERIWETHER CIRCLE
ALTA, WY, 83414, United States

CRD 158371

Filing source

Form ADV 2066619 · Mar 20, 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.