Investment adviser · CRD 155837

KLS DIVERSIFIED ASSET MANAGEMENT LP

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Nov 11, 2021

Regulatory AUM: $8.87B
Client accounts: 12
Employees: 41
Advisory professionals: 21

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	6	$6,231,611,399	70.3%
Corporations & businesses	Fewer than 5	$1,818,694,136	20.5%
Investment companies	2	$685,198,983	7.7%
Insurance companies	Fewer than 5	$131,281,639	1.5%
Banks & thrifts	Fewer than 5	$0	0.0%
Retirement plans	Fewer than 5	$0	0.0%
Charities	Fewer than 5	$0	0.0%
Government entities	Fewer than 5	$0	0.0%
Other investment advisers	Fewer than 5	$0	0.0%
Sovereign wealth & foreign institutions	Fewer than 5	$0	0.0%

Filing source

Form ADV 1576425 · Nov 11, 2021 · 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.

KLS DIVERSIFIED MASTER FUND L.P.Hedge Fund · Last reported Nov 11, 2021$4.89BGross asset value

Feeder funds

KLS DIVERSIFIED FUND LP
KLS DIVERSIFIED FUND LTD.

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

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian ASL CAPITAL MARKETS INC. STAMFORD, Connecticut, United States Related to adviser: No

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

Custodian BANK OF MONTREAL TORONTO, Canada Related to adviser: No

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

Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom Related to adviser: No

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

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

Custodian CREDIT SUISSE AG ZURICH, Switzerland Related to adviser: No

Custodian CREDIT SUISSE INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No

Custodian DEUTSCHE BANK AG LONDON, United Kingdom Related to adviser: No

Custodian GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH CAPITAL SERVICES INC. LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL BANK LIMITED LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INC. NEW YORK, New York, United States Related to adviser: No

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

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

Custodian MORGAN STANLEY CAPITAL GROUP INC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY CAPITAL SERVICES INC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO INTERNATIONAL PLC LONDON, United Kingdom Related to adviser: No

Custodian MORGAN STANLEY MARKET PRODUCTS INC NEW YORK, New York, United States Related to adviser: No

Custodian NOMURA GLOBAL FINANCIAL PRODUCTS, INC. NEW YORK, New York, United States Related to adviser: No

Custodian SOCIETE GENERALE PARIS, France Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Custodian WELLS FARGO BANK, NA CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer GROTON SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker BARCLAYS BANK PLC LONDON, United Kingdom

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

Prime broker BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INC. NEW YORK, New York, United States

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

EISNERAMPER (CAYMAN) LTD.
PCAOB 274

EISNERAMPER LLP
PCAOB 274

ASL CAPITAL MARKETS INC.
SEC 8-69872

BANK OF MONTREAL
LEI NQQ6HPCNCCU6TUTQYE16

BARCLAYS CAPITAL SECURITIES LIMITED
LEI K9WDOH4D2PYBSLSOB484

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177 · LEI MBNUM2BPBDO7JBLYG310

CREDIT SUISSE AG
LEI ANGGYXNX0JLX3X63JN86

CREDIT SUISSE INTERNATIONAL
LEI E58DKGMJYYYJLN8C3868

CREDIT SUISSE SECURITIES (USA) LLC
LEI 1V8Y6QCX6YMJ2OELII46

GOLDMAN SACHS INTERNATIONAL
LEI W22LROWP2IHZNBB6K528

MERRILL LYNCH CAPITAL SERVICES INC.
LEI GDWTXX036O1TB7DW3U69

MERRILL LYNCH INTERNATIONAL
LEI GGDZP1UYGU9STUHRDP48

MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
LEI 8NAV47T0Y26Q87Y0QP81

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

MORGAN STANLEY AND CO. INCORPORATED
LEI 9R7GPTSO7KV3UQJZQ078

MORGAN STANLEY CAPITAL GROUP INC
LEI VB7RXNZGO6KVDABYB880

MORGAN STANLEY CAPITAL SERVICES INC
LEI I7331LVCZKQKX5T7XV54

MORGAN STANLEY & CO INTERNATIONAL PLC
LEI 4PQUHN3JPFGFNF3BB653

NOMURA GLOBAL FINANCIAL PRODUCTS, INC.
LEI 0Z3VO5H2G7GRS05BHJ91

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

WELLS FARGO BANK, NA
LEI KB1H1DSPRFMYMCUFXT09

GROTON SECURITIES LLC
CRD 126600 · SEC 8-65896

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

Fund details & source

Fund ID: 805-3317114982
Reported beneficial owners: 68
Minimum commitment: $1M
Form D file number: 021-151240
Form D file number: 021-15124001

Form ADV 1576425 · Nov 11, 2021 · 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.

KLS STRUCTURED INCOME FUND B LPHedge Fund · Last reported Nov 11, 2021$50.7MGross asset value

Form D fundraising filings

KLS STRUCTURED INCOME FUND B LP

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

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

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer ROCKEFELLER CAPITAL MANAGEMENT NEW YORK, New York, United States Related to adviser: No

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

EISNERAMPER LLP
PCAOB 274

JEFFERIES LLC
CRD 2347 · SEC 8-15074

ROCKEFELLER CAPITAL MANAGEMENT
CRD 291361 · SEC 801-114033

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

Fund details & source

Fund ID: 805-4201710509
Reported beneficial owners: 15
Minimum commitment: $1M
Form D file number: 021-367558

Form ADV 1576425 · Nov 11, 2021 · 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.

KLS STRUCTURED INCOME FUND A LPHedge Fund · Last reported Nov 11, 2021$42.5MGross asset value

Form D fundraising filings

KLS STRUCTURED INCOME FUND A LP

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

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

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer ROCKEFELLER CAPITAL MANAGEMENT NEW YORK, New York, United States Related to adviser: No

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

EISNERAMPER LLP
PCAOB 274

JEFFERIES LLC
CRD 2347 · SEC 8-15074

ROCKEFELLER CAPITAL MANAGEMENT
CRD 291361 · SEC 801-114033

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

Fund details & source

Fund ID: 805-5124144955
Reported beneficial owners: 78
Minimum commitment: $1M
Form D file number: 021-367550

Form ADV 1576425 · Nov 11, 2021 · 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.

DORSET RISE DACSecuritized Asset Fund · Last reported Nov 11, 2021$1.43MGross asset value

Fund administrator DEUTSCHE INTERNATIONAL CORPORATE SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: No (provided to no investors) Related to adviser: No

Auditor EISNERAMPER AUDIT LIMITED IRELAND DUBLIN, Ireland

Auditor EISNERAMPER (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian FUNDING CIRCLE LIMITED LONDON, United Kingdom Related to adviser: No

Provider details

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

EISNERAMPER (CAYMAN) LTD.
PCAOB 274

EISNERAMPER LLP
PCAOB 274

Fund details & source

Fund ID: 805-3051445742
Reported beneficial owners: 1
Minimum commitment: $0

Form ADV 1576425 · Nov 11, 2021 · 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.

KLS FOCUS PERFORMANCE FUND LTD.Hedge Fund · Last reported Sep 9, 2013$652MGross asset value

Fund administrator AIS FUND ADMINISTRATION, LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands

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

Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Custodian BNP PARIBAS PARIS, France Related to adviser: No

Custodian CREDIT SUISSE AG ZURICH, Switzerland Related to adviser: No

Custodian CREDIT SUISSE INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian CREDIT SUISSE SECURITIES (EUROPE) LIMITED NEW YORK, New York, United States Related to adviser: No

Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No

Custodian DEUTSCHE BANK AG LONDON, United Kingdom Related to adviser: No

Custodian GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian JP MORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH CAPITAL SERVICES INC. LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH INTERNANTIONAL LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INC. NEW YORK, New York, United States Related to adviser: No

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

Custodian MORGAN STANLEY CAPITAL SERVICES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY &. CO. INTERNATIONAL PLC LONDON, United Kingdom Related to adviser: No

Custodian NOMURA GLOBAL FINANCIAL PRODUCTS INC. NEW YORK, New York, United States Related to adviser: No

Custodian NOMURA INTERNATIONAL PLC LONDON, United Kingdom Related to adviser: No

Custodian SOCIÉTÉ GÉNÉRALE PARIS, France Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Custodian UBS AG LONDON, United Kingdom Related to adviser: No

Prime broker BARCLAYS BANK PLC LONDON, United Kingdom

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

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INC. NEW YORK, New York, United States

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

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

Fund details & source

Fund ID: 805-8559438936
Reported beneficial owners: 1
Minimum commitment: $59M

Form ADV 755726 · Sep 9, 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.

KLS CREDIT OPPORTUNITIES FUND LPHedge Fund · Last reported Apr 16, 2021$72.7MGross asset value

Form D fundraising filings

KLS Credit Opportunities Fund LP

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

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

Custodian BARCLAYS BANK INC. NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

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

Custodian JP MORGAN CHASE BANK, NATIONAL ASSOCIATION NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH CAPITAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

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

Custodian SOCIETE GENERALE NEW YORK, New York, United States Related to adviser: No

Custodian STATE STREET BANK AND TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

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

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH NEW YORK, New York, United States

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

EISNERAMPER LLP
PCAOB 274

BARCLAYS CAPITAL INC.
SEC 8-41342

JEFFERIES LLC
SEC 8-15074

MERRILL LYNCH CAPITAL SERVICES, INC.
LEI GDWTXX036O1TB7DW3U69

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
LEI 8NAV47T0Y26Q87Y0QP81

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

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

Fund details & source

Fund ID: 805-5543228407
Reported beneficial owners: 20
Minimum commitment: $3M
Form D file number: 021-196358

Form ADV 1532207 · Apr 16, 2021 · 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.

KLS SPECIAL SITUATIONS FUND A LPHedge Fund · Last reported Jun 30, 2020$5.9MGross asset value

Form D fundraising filings

KLS SPECIAL SITUATIONS FUND A LP

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

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

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

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. 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

EISNERAMPER LLP
PCAOB 274

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

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

Fund details & source

Fund ID: 805-1877230297
Reported beneficial owners: 43
Minimum commitment: $1M
Form D file number: 021-317540

Form ADV 1440859 · Jun 30, 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.

Services & filing details

Most recent filing: Nov 11, 2021. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

217 EAST 70TH ST, #2366
NEW YORK, NY, 10021, United States

CRD 155837

Filing source

Form ADV 1576425 · Nov 11, 2021 · 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.