TENARON CAPITAL MANAGEMENT LP – investment adviser, $56.4B 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	6	$56,414,656,384	100.0%

Filing source

Form ADV 2103752 · May 14, 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.

TENARON CAPITAL RELATIVE VALUE MASTER FUND LTD.Hedge Fund · Last reported May 14, 2026$54.7BGross asset value

Feeder funds

TENARON CAPITAL RELATIVE VALUE OFFSHORE FUND LTD.
TENARON CAPITAL RELATIVE VALUE CAPITAL PARTNERS LP

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

Fund administrator SS&C TECHNOLOGIES INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD. GRAND CAYMAN, Cayman Islands

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

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

Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker BOFA SECURITIES, INC. NEW YORK, New York, United States

Prime broker CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States

Prime broker J.P. MORGAN 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: No

ERNST & YOUNG LTD.
PCAOB 1655

BOFA SECURITIES, INC.
SEC 8-69787

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

J.P. MORGAN SECURITIES LLC
SEC 8-35008

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

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

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

Fund details & source

Fund ID: 805-2921700228
Reported beneficial owners: 23
Minimum commitment: $10M
Form D file number: 021-281310
Form D file number: 021-284543

Form ADV 2103752 · May 14, 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.

TENARON CAPITAL MACRO MASTER FUND LTD.Hedge Fund · Last reported May 14, 2026$1.67BGross asset value