Investment adviser · CRD 107173

RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed May 21, 2026

Regulatory AUM: $104B
Client accounts: 245
Employees: 212
Advisory professionals: 37

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	74	$41,955,969,404	40.2%
Investment companies	13	$29,417,492,848	28.2%
Government entities	31	$12,920,025,945	12.4%
Corporations & businesses	29	$12,360,493,543	11.8%
Retirement plans	18	$4,674,917,377	4.5%
Insurance companies	Fewer than 5	$1,407,527,753	1.3%
Sovereign wealth & foreign institutions	Fewer than 5	$902,995,348	0.9%
Other investment advisers	Fewer than 5	$593,198,185	0.6%
Charities	Fewer than 5	$170,581,657	0.2%
Individuals	69	$62,915,070	0.1%
High-net-worth individuals	Fewer than 5	$21,498,738	0.0%
Banks & thrifts	Fewer than 5	$0	0.0%

Filing source

Form ADV 2107318 · May 21, 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

20 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.

GLOBAL FUNDS SPC - BLUEBAY EMERGING MARKET CREDIT ALPHA SPHedge Fund · Last reported May 21, 2026$297MGross asset value

Form D fundraising filings

Global Funds SPC - BlueBay Emerging Market Credit Alpha SP

Fund administrator BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands

Custodian BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Related to adviser: No

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

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 1266

BROWN BROTHERS HARRIMAN & CO (BOSTON)
LEI 5493006KMX1VFTPYPW14

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

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

Fund details & source

Fund ID: 805-7065747992
Reported beneficial owners: 1
Minimum commitment: $100K
Form D file number: 021-584343

Form ADV 2107318 · May 21, 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.

GLOBAL FUNDS SPC - BLUEBAY EMERGING MARKET BLENDED BOND SPHedge Fund · Last reported May 21, 2026$217MGross asset value

Form D fundraising filings

Global Funds SPC - BlueBay Emerging Market Blended Bond SP

Fund administrator BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands

Custodian BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Related to adviser: No

Prime broker CITIBANK NA, LONDON BRANCH LONDON, United Kingdom

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

BROWN BROTHERS HARRIMAN & CO (BOSTON)
LEI 5493006KMX1VFTPYPW14

Fund details & source

Fund ID: 805-1006483355
Reported beneficial owners: 2
Minimum commitment: $100K
Form D file number: 021-190437

Form ADV 2107318 · May 21, 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.

BLACK BEAR CAPITAL PARTNERS EMD LIMITEDHedge Fund · Last reported May 21, 2026$203MGross asset value

Form D fundraising filings

Black Bear Capital Partners EMD Ltd

Fund administrator BROWN BROTHERS HARRIMAN & CO (NEW YORK) NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS CAMANA BAY, Cayman Islands

Custodian BROWN BROTHERS HARRIMAN & CO (NEW YORK) NEW YORK, New York, United States Related to adviser: No

Prime broker CITIBANK NA, LONDON BRANCH LONDON, United Kingdom

Prime broker HSBC BANK PLC LONDON, United Kingdom

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

BROWN BROTHERS HARRIMAN & CO (NEW YORK)
LEI 5493006KMX1VFTPYPW14

Fund details & source

Fund ID: 805-1200861464
Reported beneficial owners: 1
Minimum commitment: $1M
Form D file number: 021-556717

Form ADV 2107318 · May 21, 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.

GLOBAL EQUITY LEADERS SERIES OF GLOBAL ASSET MANAGEMENT STRATEGIES, LLCOther Private Fund · Last reported May 21, 2026$127MGross asset value

Form D fundraising filings

GLOBAL EQUITY LEADERS SERIES OF GLOBAL ASSET MANAGEMENT STRATEGIES, LLC

Fund administrator U.S. BANK GLOBAL FUND SERVICES MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian U.S. BANK, NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

U.S. BANK, NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-3402461107
Reported beneficial owners: 3
Minimum commitment: $10M
Form D file number: 021-483684

Form ADV 2107318 · May 21, 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.

GLOBAL FUNDS SPC - BLUEBAY EMERGING MARKET LONG DURATION CREDIT FUND SPHedge Fund · Last reported May 21, 2026$117MGross asset value

Fund administrator BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands

Custodian BROWN BROTHERS HARRIMAN & CO (BOSTON) BOSTON, Massachusetts, United States Related to adviser: No

Prime broker CITIBANK NA, LONDON BRANCH LONDON, United Kingdom

Prime broker HSBC BANK PLC LONDON, United Kingdom

Provider details

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

PRICEWATERHOUSECOOPERS
PCAOB 1266

BROWN BROTHERS HARRIMAN & CO (BOSTON)
LEI 5493006KMX1VFTPYPW14

Fund details & source

Fund ID: 805-2332923710
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 2107318 · May 21, 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.

FOSSIL FUEL FREE SERIES OF GLOBAL ASSET MANAGEMENT STRATEGIES, LLCOther Private Fund · Last reported May 21, 2026$27.9MGross asset value

Form D fundraising filings

FOSSIL FUEL FREE SERIES OF GLOBAL ASSET MANAGEMENT STRATEGIES, LLC

Fund administrator U.S. BANK GLOBAL FUND SERVICES MILWAUKEE, Wisconsin, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP MINNEAPOLIS, Minnesota, United States

Custodian U.S. BANK, NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, 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

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

U.S. BANK, NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-8405246147
Reported beneficial owners: 3
Minimum commitment: $10M
Form D file number: 021-258297

Form ADV 2107318 · May 21, 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.

BBAM US CLO II, LTD.Securitized Asset Fund · Last reported May 21, 2026$14.3MGross asset value

Fund administrator APPLEBY GLOBAL SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: No (provided to no investors) Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION BOSTON, Massachusetts, United States Related to adviser: No

Provider details

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

Fund details & source

Fund ID: 805-6261849653
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 2107318 · May 21, 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: May 21, 2026. View historical filings

Reported services

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

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

250 NICOLLET MALL, SUITE 1550
MINNEAPOLIS, MN, 55401-7585, United States

CRD 107173

Filing source

Form ADV 2107318 · May 21, 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.