Investment adviser · CRD 123826

K2/D&S MANAGEMENT CO., L.L.C.

Investment adviser filing (IA)

STAMFORD, CT, United States · Form ADV filed Sep 16, 2026

Regulatory AUM: $6.53B
Client accounts: 72
Employees: 30
Advisory professionals: 10

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	50	$3,608,867,561	55.2%
Retirement plans	18	$2,208,542,685	33.8%
Investment companies	1	$532,578,421	8.1%
Corporations & businesses	1	$150,678,637	2.3%
Charities	1	$32,063,155	0.5%
Government entities	1	$2,104,326	0.0%

Filing source

Form ADV 2132892 · Sep 16, 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.

K2 ACTUSRAYPARTNERS EUROPEAN MASTER FUND LTDHedge Fund · Last reported Sep 16, 2026$894MGross asset value

Feeder funds

K2 ACTUSRAYPARTNERS EUROPEAN FUND LTD.

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD. CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD CAMANA BAY, Cayman Islands

Custodian GOLDMAN SACHS & CO. 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

Custodian NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer FRANKLIN DISTRIBUTORS, LLC SAN MATEO, California, United States Related to adviser: Yes

Prime broker GOLDMAN SACHS & CO. 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

ERNST & YOUNG LTD
PCAOB 42

GOLDMAN SACHS & CO. LLC
SEC 8-129

MORGAN STANLEY & CO. LLC
SEC 8-15869

NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 6PTKHDJ8HDUF78PFWH30

FRANKLIN DISTRIBUTORS, LLC
CRD 109064 · SEC 8-53089

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

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

Fund details & source

Fund ID: 805-8653817539
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 2132892 · Sep 16, 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.

K2 EPFC RELATIVE VALUE CREDIT STRATEGY MASTER FUND LTDHedge Fund · Last reported Sep 16, 2026$571MGross asset value

Feeder funds

K2 EPFC RELATIVE VALUE CREDIT STRATEGY FUND LTD

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD. CAYMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD CAMANA BAY, Cayman Islands

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

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

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer FRANKLIN DISTRIBUTORS, LLC SAN MATEO, California, United States Related to adviser: Yes

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

Prime broker J.P. MORGAN 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: Yes

ERNST & YOUNG LTD
PCAOB 42

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN SECURITIES INC.
SEC 8-36950

THE NORTHERN TRUST COMPANY
LEI 6PTKHDJ8HDUF78PFWH30

FRANKLIN DISTRIBUTORS, LLC
CRD 109064 · SEC 8-53089

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

J.P. MORGAN SECURITIES INC.
CRD 18718 · SEC 8-36950

Fund details & source

Fund ID: 805-7253697223
Reported beneficial owners: 1
Minimum commitment: $100K

Form ADV 2132892 · Sep 16, 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.

K2 LAZARD LIQUID CONVERTIBLES PLUS MASTER FUND LTDHedge Fund · Last reported Sep 16, 2026$396MGross asset value

Feeder funds

K2 LAZARD LIQUID CONVERTIBLES PLUS FUND LTD

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD CAMANA BAY, Cayman Islands

Custodian MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States Related to adviser: No

Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer FRANKLIN DISTRIBUTORS, LLC SAN MATEO, California, United States Related to adviser: Yes

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States

Prime broker UBS SECURITIES 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

ERNST & YOUNG LTD
PCAOB 42

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

UBS SECURITIES LLC
SEC 8-22651

FRANKLIN DISTRIBUTORS, LLC
CRD 109064 · SEC 8-53089

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
CRD 16139 · SEC 8-33359

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Fund details & source

Fund ID: 805-3056277892
Reported beneficial owners: 1
Minimum commitment: $100K

Form ADV 2132892 · Sep 16, 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.

K2 APOLLO CREDIT MASTER FUND LTD.Hedge Fund · Last reported Sep 16, 2026$333MGross asset value

Feeder funds

K2 APOLLO LIQUID CREDIT FUND LTD.

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD. CAMANA BAY, Cayman Islands

Custodian NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer FRANKLIN DISTRIBUTORS, LLC SAN MATEO, California, United States Related to adviser: Yes

Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States

Prime broker J.P. MORGAN 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: Yes

ERNST & YOUNG LTD.
PCAOB 42

NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 6PTKHDJ8HDUF78PFWH30

FRANKLIN DISTRIBUTORS, LLC
CRD 109064 · SEC 8-53089

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

J.P. MORGAN SECURITIES INC.
CRD 18718 · SEC 8-36950

Fund details & source

Fund ID: 805-2789734251
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 2132892 · Sep 16, 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.

K2 MASTER FUND LTD.Hedge Fund · Last reported Sep 16, 2026$286MGross asset value

Feeder funds

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP STAMFORD, Connecticut, United States

Custodian THE BANK OF NEW YORK MELLON NEW YORK, 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

ERNST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-7226348376
Reported beneficial owners: 1
Minimum commitment: $100K

Form ADV 2132892 · Sep 16, 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.

K2 CUSTOM SOLUTIONS HOSPITAL SISTERS FUND, LTD.Hedge Fund · Last reported Sep 16, 2026$222MGross asset value

Form D fundraising filings

K2 Custom Solutions Hospital Sisters Fund, Ltd.

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP STAMFORD, Connecticut, United States

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, 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: Yes

ERNST & YOUNG LLP
PCAOB 42

MORGAN STANLEY
CRD 149777 · SEC 801-70103

Fund details & source

Fund ID: 805-4627284756
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-168983

Form ADV 2132892 · Sep 16, 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.

K2 ELECTRON LIQUID GLOBAL MASTER FUND LTD.Hedge Fund · Last reported Sep 16, 2026$219MGross asset value

Feeder funds

K2 ELECTRON LIQUID GLOBAL FUND LTD.

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD CAMANA BAY, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD CAMAN BAY, Cayman Islands

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

Marketer FRANKLIN DISTRIBUTORS, LLC SAN MATEO, California, United States Related to adviser: Yes

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

ERNST & YOUNG LTD
PCAOB 42

MORGAN STANLEY & CO. LLC
SEC 8-15869

FRANKLIN DISTRIBUTORS, LLC
CRD 109064 · SEC 8-53089

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

Fund details & source

Fund ID: 805-6326915427
Reported beneficial owners: 1
Minimum commitment: $100K
Form D file number: 021-323426

Form ADV 2132892 · Sep 16, 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: Sep 16, 2026. View historical filings

Reported services

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

Compensation

Percentage of assets · Performance-based

Principal office

100 FIRST STAMFORD PLACE, 5TH FLOOR
STAMFORD, CT, 06902, United States

CRD 123826

Filing source

Form ADV 2132892 · Sep 16, 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.