Investment adviser · CRD 104751

ZAZOVE ASSOCIATES LLC

Investment adviser filing (IA)

INCLINE VILLAGE, NV, United States · Form ADV filed Apr 29, 2026

Regulatory AUM: $1.97B
Client accounts: 72
Employees: 21
Advisory professionals: 11

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
Insurance companies	53	$1,246,829,193	63.4%
Pooled investment vehicles	7	$265,801,019	13.5%
Corporations & businesses	7	$194,149,853	9.9%
Government entities	Fewer than 5	$159,382,898	8.1%
Retirement plans	Fewer than 5	$99,098,749	5.0%

Filing source

Form ADV 2100933 · Apr 29, 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

7 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.

ZAZOVE HEDGED CONVERTIBLE FUND, L.P.Hedge Fund · Last reported Apr 29, 2026$110MGross asset value

Form D fundraising filings

Zazove Hedged Convertible Fund, L.P.

Feeder funds

ZAZOVE OFFSHORE FEEDER FUND, LTD.

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

Auditor PLANTE & MORAN GRAND RAPID, Michigan, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

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

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker JEFFERIES 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

PLANTE & MORAN
PCAOB 166

GOLDMAN SACHS & CO. LLC
SEC 8-129

JEFFERIES LLC
SEC 8-15074

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

JEFFERIES LLC
CRD 2347 · SEC 8-15074

Fund details & source

Fund ID: 805-6588760742
Reported beneficial owners: 6
Minimum commitment: $1M
Form D file number: 021-341956

Form ADV 2100933 · Apr 29, 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.

ZAZOVE INVESTMENT GRADE BLEND CONVERTIBLE FUND, L.P.Hedge Fund · Last reported Apr 29, 2026$55.5MGross asset value

Form D fundraising filings

Zazove Investment Grade Blend Convertible Fund, L.P.

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

Auditor PLANTE & MORAN GRAND RAPID, Michigan, United States

Custodian UMB BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, 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

PLANTE & MORAN
PCAOB 166

UMB BANK, NATIONAL ASSOCIATION
LEI VNOO6EITDJ2YUEBMSZ83

Fund details & source

Fund ID: 805-1320406173
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-80776

Form ADV 2100933 · Apr 29, 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.

ZAZOVE AGGRESSIVE GROWTH FUND, L.P.Hedge Fund · Last reported Apr 29, 2026$51MGross asset value

Form D fundraising filings

ZAZOVE AGGRESSIVE GROWTH FUND LP

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

Auditor PLANTE & MORAN GRAND RAPID, Michigan, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. 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

PLANTE & MORAN
PCAOB 166

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-1242242831
Reported beneficial owners: 10
Minimum commitment: $500K
Form D file number: 021-121098

Form ADV 2100933 · Apr 29, 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.

ZAZOVE CONVERTIBLE SECURITIES FUND, L.P.Hedge Fund · Last reported Apr 29, 2026$32.5MGross asset value

Form D fundraising filings

Zazove Convertible Securities Fund, L.P.

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

Auditor PLANTE & MORAN GRAND RAPID, Michigan, United States

Custodian UMB BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, 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

PLANTE & MORAN
PCAOB 166

UMB BANK, NATIONAL ASSOCIATION
LEI VNOO6EITDJ2YUEBMSZ83

Fund details & source

Fund ID: 805-1181417552
Reported beneficial owners: 37
Minimum commitment: $500K
Form D file number: 021-459712

Form ADV 2100933 · Apr 29, 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.

ZAZOVE GLOBAL CONVERTIBLE MASTER FUND, L.P.Hedge Fund · Last reported Apr 29, 2026$20.1MGross asset value

Feeder funds

ZAZOVE GLOBAL CONVERTIBLE FUND, L.P.
ZAZOVE OFFSHORE FEEDER FUND, LTD.

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

Auditor PLANTE & MORAN GRAND RAPID, Michigan, United States

Custodian UMB BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, 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

PLANTE & MORAN
PCAOB 166

UMB BANK, NATIONAL ASSOCIATION
LEI VNOO6EITDJ2YUEBMSZ83

Fund details & source

Fund ID: 805-8764757561
Reported beneficial owners: 10
Minimum commitment: $500K
Form D file number: 021-934758

Form ADV 2100933 · Apr 29, 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.

ZAZOVE HEDGED CONVERTIBLE FUND, L.P.Hedge Fund · Last reported Mar 14, 2013$117MGross asset value

Feeder funds

ZAZOVE OFFSHORE HEDGED CONVERTIBLE FUND, LTD.

Auditor DELOITTE & TOUCHE CHICAGO, Illinois, United States

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: No
External marketing: No

CITIGROUP GLOBAL MARKETS INC.
SEC 8-8177

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

Fund details & source

Fund ID: 805-7481654981
Reported beneficial owners: 22
Minimum commitment: $1M
Form D file number: 021-128772

Form ADV 711593 · Mar 14, 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.

ZAZOVE HIGH YIELD CONVERTIBLE SECURITIES FUND, L.P.Hedge Fund · Last reported Feb 16, 2022$7.36MGross asset value

Form D fundraising filings

ZAZOVE HIGH YIELD CONVERTIBLE SECURTIES FUND LP

Auditor DELOITTE & TOUCHE CHICAGO, Illinois, United States

Custodian UMB BANK, NATIONAL ASSOCIATION KANSAS CITY, Missouri, United States Related to adviser: No

Provider details

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

DELOITTE & TOUCHE
PCAOB 34

UMB BANK, NATIONAL ASSOCIATION
LEI VNOO6EITDJ2YUEBMSZ83

Fund details & source

Fund ID: 805-5986079556
Reported beneficial owners: 9
Minimum commitment: $500K
Form D file number: 021-119015

Form ADV 1594932 · Feb 16, 2022 · 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: Apr 29, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

1001 TAHOE BLVD
INCLINE VILLAGE, NV, 89451, United States

CRD 104751

Filing source

Form ADV 2100933 · Apr 29, 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.