TAGES CAPITAL LLP – investment adviser, $3.85B 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
Pooled investment vehicles	28	$3,825,850,400	99.3%
Corporations & businesses	Fewer than 5	$26,075,727	0.7%

Filing source

Form ADV 2077971 · Mar 30, 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.

GLOBAL RATES TRADING PROGRAM MASTER SPHedge Fund · Last reported Mar 30, 2026$192MGross asset value

Feeder funds

GLOBAL RATES TRADING PROGRAM SP

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD / C/O MORGAN STANLEY FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD GRAND CAYMAN, Cayman Islands

Custodian SOCIETE GENERALE LONDON, United Kingdom Related to adviser: No

Prime broker SOCIETE GENERALE LONDON, United Kingdom

Provider details

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

ERNST & YOUNG LTD
PCAOB 1655

Fund details & source

Fund ID: 805-7159426214
Reported beneficial owners: 3
Minimum commitment: $100K

Form ADV 2077971 · Mar 30, 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.

ENGADINE EQUITY MASTER FUNDHedge Fund · Last reported Mar 30, 2026$136MGross asset value

Feeder funds

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD C/O MORGAN STANLEY FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD GRAND CAYMAN, Cayman Islands

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

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

Prime broker GOLDMAN SACHS INTERNATIONAL LONDON, United Kingdom

Prime broker MORGAN STANLEY & CO. INTERNATIONAL PLC LONDON, United Kingdom

Prime broker UBS AG, LONDON BRANCH LONDON, United Kingdom

Provider details

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

ERNST & YOUNG LTD
PCAOB 1655

Fund details & source

Fund ID: 805-1987271616
Reported beneficial owners: 26
Minimum commitment: $5M
Form D file number: 021-286780
Form D file number: 021-286781

Form ADV 2077971 · Mar 30, 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: Mar 30, 2026. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

39 ST JAMES'S STREET
LONDON, SW1A 1JD, United Kingdom

CRD 337285

Filing source

Form ADV 2077971 · Mar 30, 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.