9AT: CAAS CAPITAL MANAGEMENT LP

CAAS CAPITAL MANAGEMENT LP

other names

CAAS CAPITAL MANAGEMENT LP

Adviser Profile

As of Date	03/23/2024
Registration status	Terminated
ADV Location	NEW YORK, NY, United States
Contact Info	(21 xxxxxxx
Websites

AUM^*	970,978,071 -57%
of that, discretionary	970,978,071 -57%
Private Fund GAV^*	0
Avg Account Size	194,195,614 -74%
SMA’s	No
Private Funds	0 1

Adviser Type

- Large advisory firm

Number of Employees 18 -14%

of those in investment advisory functions 8 -20%

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

5B 4B 4B 3B 2B 1B 705M

2019 2020 2021 2022 2023

Discretionary

Non-discretionary

Private Funds

GAV Count

Employees

Brochure Summary

Overview

CaaS Capital Management LP (“CaaS Capital”, “we”, “us”, “our” or the “Firm”) is organized as a Delaware limited partnership with its principal place of business in New York. We are affiliated with the following entities: CaaS Capital Management GP LLC (the “General Partner”), the general partner of the Firm; CaaS Capital Fund GP LLC (the “Fund General Partner”), the general partner of the Onshore Fund (as defined below) and the Master Fund (as defined below), and are herein collectively referred to as the “CaaS Capital General Partners.” Siufu Frank Fu, the Founder and Managing Member of the Firm (the “Managing Member”), is the majority beneficial owner of CaaS Capital and directs the investment activities and operations of the Funds (as defined below). Mr. Fu founded CaaS Capital in May 2019. We serve as the investment adviser, with discretionary trading authority, to private, pooled investment vehicles, the securities of which are offered through a private placement memorandum to accredited investors, as defined under the Securities Act of 1933, as amended, and qualified purchasers, as defined under the Investment Company Act of 1940, as amended. We do not tailor our advisory services to the individual needs of any particular investor. CaaS Capital manages the following private, pooled investment vehicles, which are currently open to qualified purchasers, collectively the “Private

Funds”:  CaaS Capital Offshore Fund Ltd, a Cayman Islands exempted company and feeder fund (the “Offshore Fund”);  CaaS Capital Onshore Fund LP, a Delaware limited partnership and feeder fund (the “Onshore Fund”); and  CaaS Capital Master Fund LP, a Cayman Islands exempted limited partnership (the “Master Fund”). Additionally, CaaS Capital manages the following investment vehicles which currently only manage capital from related parties of the Firm, and no investment management fees are charged to these related parties:  CaaS China Opportunities Fund LP, a Cayman Islands exempted company (the “China Fund”);  CaaS SPAC Opportunities Fund LP, a Cayman Islands exempted company (the “SPAC Fund”); and The Master Fund, the Onshore Fund, the Offshore Fund, the China Fund, and the SPAC Fund, are herein each referred to as a “Fund” or “Client”, and collectively referred to as the “Funds” or the “Clients”. Investors in the Funds are referred to as “Investors”. Our investment decisions and advice with respect to the Funds are subject to each Fund’s investment objectives and guidelines, as set forth in its respective offering documents, limited partnership agreement, or investment management agreement (collectively, “Offering Documents”). We do not currently participate in any Wrap Fee Programs. As of December 31, 2022, the Firm had regulatory assets under management of $970,978,071, all of which is managed on a discretionary basis.