Investment adviser · CRD 109193

FORWARD MANAGEMENT, LLC

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Dec 5, 2022

Regulatory AUM: $860M
Client accounts: 170
Employees: 44
Advisory professionals: 3

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
Investment companies	4	$723,859,659	84.1%
High-net-worth individuals	29	$50,292,114	5.8%
Corporations & businesses	9	$46,765,286	5.4%
Individuals	118	$34,664,767	4.0%
Charities	5	$3,966,258	0.5%
Retirement plans	5	$854,531	0.1%

Filing source

Form ADV 1692597 · Dec 5, 2022 · 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

8 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.

FORWARD ASYMMETRY GLOBAL HEALTHCARE FUND, LPHedge Fund · Last reported Jul 24, 2015$103MGross asset value

Fund administrator US BANCORP FUND ADMINISTRATION HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP SAN FRANCISCO, California, United States

Auditor ROTHSTEIN KASS SAN FRANCISCO, California, United States

Custodian GOLDMAN, SACHS & CO. SAN FRANCISCO, California, United States Related to adviser: No

Marketer ALPS DISTRIBUTORS, INC. SAN FRANCISCO, California, United States Related to adviser: No

Marketer GORDIAN INVESTMENTS, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer PICKWICK CAPITAL PARTNERS, LLC WHITE PLAINS, New York, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. SAN FRANCISCO, California, 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

ALPS DISTRIBUTORS, INC.
CRD 16853 · SEC 8-34626

GORDIAN INVESTMENTS, LLC
CRD 158611 · SEC 8-68911

PICKWICK CAPITAL PARTNERS, LLC
CRD 130672 · SEC 8-66373

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

Fund details & source

Fund ID: 805-2169630707
Reported beneficial owners: 70
Minimum commitment: $1M
Form D file number: 021-188268

Form ADV 936794 · Jul 24, 2015 · 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.

SALIENT CONVEXITY FUND, L.P.Hedge Fund · Last reported Jun 6, 2018$38.6MGross asset value

Form D fundraising filings

SALIENT CONVEXITY FUND, L.P.

Feeder funds

SALIENT CONVEXITY OFFSHORE FUND, LTD.

Fund administrator UMB FUND SERVICES, INC. MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG COLUMBUS, Ohio, United States

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

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

Marketer SALIENT CAPITAL L.P. HOUSTON, Texas, United States Related to adviser: Yes

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Prime broker UBS AG LONDON, United Kingdom

Provider details

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

KPMG
PCAOB 185

APPLIED CAPITAL, LLC
CRD 166316 · SEC 8-69199

SALIENT CAPITAL L.P.
CRD 147912 · SEC 8-67938

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-1121554196
Reported beneficial owners: 6
Minimum commitment: $1M
Form D file number: 021-284263

Form ADV 1222899 · Jun 6, 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.

FORWARD BUFFERED EQUITY FUND I, LPHedge Fund · Last reported Jul 1, 2013$14MGross asset value

Form D fundraising filings

FORWARD BUFFERED EQUITY FUND I, L.P.

Fund administrator ALPS PRICE MEADOWS BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ROTHSTEIN KASS SAN FRANCISCO, California, United States

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

Custodian MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK CITY, New York, 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

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

Fund details & source

Fund ID: 805-6385784295
Reported beneficial owners: 3
Minimum commitment: $250K
Form D file number: 021-165595

Form ADV 744965 · Jul 1, 2013 · 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.

CONDOR PARTNERS, LPHedge Fund · Last reported Feb 14, 2013$11.8MGross asset value

Fund administrator ALPS PRICE MEADOWS BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor NOVOGRADAC & COMPANY LLP SAN FRANCISCO, California, United States

Custodian BNP PARIBAS PRIME BROKERAGE, INC. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker BNP PARIBAS PRIME BROKERAGE, INC. SAN FRANCISCO, California, United States

Provider details

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

BNP PARIBAS PRIME BROKERAGE, INC.
SEC 8-40490

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

Fund details & source

Fund ID: 805-3654197800
Reported beneficial owners: 43
Minimum commitment: $250K
Form D file number: 021-86106

Form ADV 702164 · Feb 14, 2013 · 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.

PREFERRED YIELD PLUS, LPHedge Fund · Last reported Feb 14, 2013$11.6MGross asset value

Fund administrator ALPS PRICE MEADOWS BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor NOVOGRADAC & COMPANY LLP SAN FRANCISCO, California, United States

Custodian BNP PARIBAS PRIME BROKERAGE, INC. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker BNP PARIBAS PRIME BROKERAGE, INC. SAN FRANCISCO, California, United States

Provider details

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

BNP PARIBAS PRIME BROKERAGE, INC.
SEC 8-40490

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

Fund details & source

Fund ID: 805-4920359316
Reported beneficial owners: 73
Minimum commitment: $500K
Form D file number: 021-59800

Form ADV 702164 · Feb 14, 2013 · 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.

FORWARD ASYMMETRY GLOBAL HEALTHCARE (MASTER) FUND, L.P.Hedge Fund · Last reported Jul 24, 2015$9.72MGross asset value

Feeder funds

FORWARD ASYMMETRY GLOBAL HEALTHCARE (OFFSHORE) FUND, LTD

Fund administrator U.S. BANCORP FUND SERVICES, LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

Custodian GOLDMAN, SACHS & CO. SAN FRANCISCO, California, United States Related to adviser: No

Marketer ALPS DISTRIBUTORS, INC. SAN FRANCISCO, California, United States Related to adviser: No

Marketer GORDIAN INVESTMENTS, LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer PICKWICK CAPITAL PARTNERS, LLC WHITE PLAINS, New York, United States Related to adviser: No

Prime broker GOLDMAN, SACHS & CO. SAN FRANCISCO, California, 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

ALPS DISTRIBUTORS, INC.
CRD 16853 · SEC 8-34626

GORDIAN INVESTMENTS, LLC
CRD 158611 · SEC 8-68911

PICKWICK CAPITAL PARTNERS, LLC
CRD 130672 · SEC 8-66373

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

Fund details & source

Fund ID: 805-5106855854
Reported beneficial owners: 10
Minimum commitment: $1M
Form D file number: 021-203274

Form ADV 936794 · Jul 24, 2015 · 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.

FORWARD ENDURANCE FUND, LPHedge Fund · Last reported May 5, 2014$8.79MGross asset value

Form D fundraising filings

Endurance Capital Fund, L.P.

Fund administrator ALPS PRICE MEADOWS BELLEVUE, Washington, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ROTHSTEIN KASS SAN FRANCISCO, California, United States

Custodian MORGAN STANLEY & CO. LLC SAN FRANCISCO, California, United States Related to adviser: No

Marketer ALPS DISTRIBUTORS, INC. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker MORGAN STANLEY & CO. LLC SAN FRANCISCO, California, United States

Provider details

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

MORGAN STANLEY & CO. LLC
SEC 8-15869

ALPS DISTRIBUTORS, INC.
CRD 16853 · SEC 8-34626

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-3065152910
Reported beneficial owners: 6
Minimum commitment: $250K
Form D file number: 021-165605

Form ADV 822887 · May 5, 2014 · 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: Dec 5, 2022. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets

Principal office

244 CALIFORNIA STREET, SUITE 200
SAN FRANCISCO, CA, 94111, United States

CRD 109193

Filing source

Form ADV 1692597 · Dec 5, 2022 · 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.