ETERNAL CAPITAL, LLC – investment adviser, $42.7M regulatory AUM (Form ADV)

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	$26,000,000	60.8%
Pooled investment vehicles	6	$16,745,886	39.2%

Filing source

Form ADV 2098080 · Jun 18, 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.

ETERNAL CAPITAL GLOBAL EMERGING MARKETS MASTER FUND, LPHedge Fund · Last reported Jun 18, 2026$14.4MGross asset value

Feeder funds

ETERNAL CAPITAL GLOBAL EMERGING MARKETS FUND, LP
ETERNAL CAPITAL GLOBAL EMERGING MARKETS FUND, LTD.

Fund administrator OPUS FUND SERVICES (BERMUDA) LTD HAMILTON, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHN REZNICK LLP NEW YORK, New York, United States

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

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

Marketer FNEX CAPITAL, LLC INDIANAPOLIS, Indiana, United States Related to adviser: No

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

Prime broker MORGAN STANLEY & 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

COHN REZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008 · LEI 35008

FNEX CAPITAL, LLC
CRD 166316 · SEC 8-69199

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

Fund details & source

Fund ID: 805-2379808800
Reported beneficial owners: 10
Minimum commitment: $1M
Form D file number: 021-539128
Form D file number: 021-539142

Form ADV 2098080 · Jun 18, 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.

ETERNAL CAPITAL GLOBAL EMERGING MARKETS LONG ONLY MASTER FUND, LPHedge Fund · Last reported Jun 18, 2026$2.31MGross asset value

Feeder funds

ETERNAL CAPITAL GLOBAL EMERGING MARKETS LONG ONLY FUND, LP
ETERNAL CAPITAL GLOBAL EMERGING MARKETS LONG ONLY FUND, LTD.

Fund administrator OPUS FUND SERVICES (BERMUDA) LTD HAMILTON, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHN REZNICK LLP NEW YORK, New York, United States

Custodian US BANK NEW YORK, New York, United States Related to adviser: No

Marketer FNEX CAPITAL, LLC INDIANAPOLIS, Indiana, United States Related to adviser: No

Provider details

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

COHN REZNICK LLP
PCAOB 596

FNEX CAPITAL, LLC
CRD 166316 · SEC 8-69199

Fund details & source

Fund ID: 805-8968777619
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2098080 · Jun 18, 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: Jun 18, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Performance-based

Principal office

800 BRICKELL AVE, SUITE 414
MIAMI, FL, 33131, United States

CRD 333684

Filing source

Form ADV 2098080 · Jun 18, 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.