SAGE CAPITAL MANAGEMENT LLC – investment adviser, $369M regulatory AUM (Form ADV)

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
High-net-worth individuals	249	$333,929,117	90.6%
Individuals	65	$14,424,150	3.9%
Retirement plans	Fewer than 5	$10,982,490	3.0%
Charities	Fewer than 5	$8,440,359	2.3%
Pooled investment vehicles	1	$846,924	0.2%

Filing source

Form ADV 2115689 · Jun 25, 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

2 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.

MW SAGE FUND 1 LLCReal Estate Fund · Last reported Jun 25, 2026$847KGross asset value

Fund administrator NATIONAL FINANCIAL SERVICES, LLC BOSTON, Massachusetts, United States Investor statements: Some (provided to some but not all investors) Related to adviser: No

Auditor WILKIN & GUTTENPLAN, PC EAST BRUNSWICK, New Jersey, United States

Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, 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

WILKIN & GUTTENPLAN, PC
PCAOB 2523

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

Fund details & source

Fund ID: 805-5698980519
Reported beneficial owners: 14
Minimum commitment: $100K
Form D file number: 021-1775237

Form ADV 2115689 · Jun 25, 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.

EXCEL ALTERNATIVE STRATEGIES FUND LPHedge Fund · Last reported Nov 30, 2017$10KGross asset value

Fund administrator ASHOK GOYAL, CPA, CA, BERKOWER LLC ISELIN, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian FIDELITY BROKERAGE SERVICES LLC SMITHFIELD, Rhode Island, 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

FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292

Fund details & source

Fund ID: 805-8792637141
Reported beneficial owners: 7
Minimum commitment: $0

Form ADV 1150085 · Nov 30, 2017 · 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: Jun 25, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Fixed

Principal office

CRD 108547

Filing source

Form ADV 2115689 · Jun 25, 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.