Investment adviser · CRD 111705

HFR ASSET MANAGEMENT, L.L.C

Investment adviser filing (IA)

CHICAGO, IL, United States · Form ADV filed Feb 6, 2026

Regulatory AUM: $326M
Client accounts: 2
Employees: 2
Advisory professionals: 1

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	$326,180,124	100.0%

Filing source

Form ADV 2045192 · Feb 6, 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

50+ 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.

Browse the first 49 funds across 7 pages.

HFREU US EQUITY EX FINANCIAL BEAR FUNDHedge Fund · Last reported Feb 6, 2026$189MGross asset value

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

Auditor RSM IRELAND DUBLIN, Ireland

Custodian SMT TRUSTEES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Prime broker BROWN BROTHERS HARRIMAN & 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: No

RSM IRELAND
PCAOB 3188

BROWN BROTHERS HARRIMAN & CO.
CRD 104487

Fund details & source

Fund ID: 805-8677921233
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2045192 · Feb 6, 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.

HFREU EURO EQUITY EX FINANCIAL BEAR FUNDHedge Fund · Last reported Feb 6, 2026$138MGross asset value

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

Auditor RSM IRELAND DUBLIN, Ireland

Custodian SMT TRUSTEES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Prime broker BROWN BROTHERS HARRIMAN & 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: No

RSM IRELAND
PCAOB 3188

BROWN BROTHERS HARRIMAN & CO.
CRD 104487

Fund details & source

Fund ID: 805-5348688163
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 2045192 · Feb 6, 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.

HFREU PROXIMUS FUNDHedge Fund · Last reported Mar 31, 2025$4.09BGross asset value

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

Auditor RSM IRELAND DUBLIN, Ireland

Custodian SMT TRUSTEES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Prime broker BOFA SECURITIES, INC. 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

RSM IRELAND
PCAOB 3188

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

Fund details & source

Fund ID: 805-6655416292
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-212169

Form ADV 1971478 · Mar 31, 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.

HFR MACRO PI EMERGING MARKETS MASTER TRUSTHedge Fund · Last reported Apr 5, 2019$2.46BGross asset value

Fund administrator MUFG FUND SERVICES (BERMUDA) LIMITED PEMBROKE, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE, LLP CHICAGO, Illinois, United States

Custodian BUTTERFIELD TRUST (BERMUDA) LIMITED PEMBROKE, Bermuda Related to adviser: No

Prime broker CITIBANK, N.A. LONDON BRANCH LONDON, United Kingdom

Prime broker SOCIETE GENERALE NEWEDGE UK LIMITED LONDON, United Kingdom

Provider details

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

DELOITTE & TOUCHE, LLP
PCAOB 34

Fund details & source

Fund ID: 805-7113691560
Reported beneficial owners: 5
Minimum commitment: $1M
Form D file number: 021-82507

Form ADV 1308128 · Apr 5, 2019 · 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.

HFREU RV CONVEXITY FUNDHedge Fund · Last reported Nov 15, 2019$2.08BGross asset value

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

Auditor PRICEWATERHOUSECOOPERS DUBLIN, Ireland

Custodian SMT TRUSTEES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Prime broker BNP PARIBAS SECURITIES CORP. NEW YORK, New York, United States

Prime broker CITIGROUP GLOBAL MARKETS INC. 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

PRICEWATERHOUSECOOPERS
PCAOB 1366

BNP PARIBAS SECURITIES CORP.
CRD 15794 · SEC 8-32682

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 8-8177

Fund details & source

Fund ID: 805-1989955721
Reported beneficial owners: 4
Minimum commitment: $1M
Form D file number: 021-212169

Form ADV 1356704 · Nov 15, 2019 · 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.

HFREU AXA PELLUCID IIHedge Fund · Last reported Nov 15, 2019$569MGross asset value

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

Auditor PRICEWATERHOUSECOOPERS DUBLIN, Ireland

Custodian SMT TRUSTEES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1366

Fund details & source

Fund ID: 805-5789315652
Reported beneficial owners: 2
Minimum commitment: $1M

Form ADV 1356704 · Nov 15, 2019 · 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.

HFRX EQUAL WEIGHTED TRACKER FUNDHedge Fund · Last reported Apr 5, 2019$558MGross asset value

Fund administrator MUFG FUND SERVICES (BERMUDA) LIMITED PEMBROKE, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LTD HAMILTON, Bermuda

Custodian BUTTERFIELD TRUST (BERMUDA) LIMITED HAMILTON, Bermuda Related to adviser: No

Provider details

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

DELOITTE & TOUCHE LTD
PCAOB 34

Fund details & source

Fund ID: 805-6636030525
Reported beneficial owners: 1
Minimum commitment: $1M
Form D file number: 021-62419

Form ADV 1308128 · Apr 5, 2019 · 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: Feb 6, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

110 NORTH WACKER DRIVE, 25TH FLOOR
CHICAGO, IL, 60606, United States

CRD 111705

Filing source

Form ADV 2045192 · Feb 6, 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.