9AT: KOSMOS MANAGEMENT LLC

other names

KOSMOS MANAGEMENT LLC

Adviser Profile

As of Date	03/31/2025
Registration	SEC, Approved, 10/05/2012
ADV Location	SEATTLE, WA, United States
Contact Info	206 xxxxxxx
Websites

AUM^*	1,608,036,849 14%
of that, discretionary	1,533,145,499 18%
Private Fund GAV^*	1,608,036,848
Avg Account Size	107,202,457 -2%
SMA’s	No
Private Funds	8 1

Adviser Type

- Large advisory firm

Number of Employees 24 9%

of those in investment advisory functions 6 -33%

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

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count3	GAV$936,597,450
Fund TypeSecuritized Asset Fund	Count5	GAV$671,439,398

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser MILLS WEALTH ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund165.9k	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV165.9k	AUM440.1m	#Funds2
Adviser MT. RAINIER GROUP, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund122.6m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV122.6m	AUM-	#Funds2
Adviser MOUNT LOGAN MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund300.2m	Real Estate Fund-	Securitized Asset Fund677.5m	Venture Capital Fund-	Other Fund-	Total Private Fund GAV977.8m	AUM2.1b	#Funds9
Adviser FWM LEGACY, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund24.4m	Real Estate Fund-	Securitized Asset Fund4.5m	Venture Capital Fund-	Other Fund4.3m	Total Private Fund GAV33.2m	AUM-	#Funds4
Adviser ICG INVESTMENTS INC	Hedge Fund1.6b	Liquidity Fund-	Private Equity Fund24.8b	Real Estate Fund-	Securitized Asset Fund4.6b	Venture Capital Fund-	Other Fund4.2b	Total Private Fund GAV35.2b	AUM37.7b	#Funds113
Adviser NUVEEN ALTERNATIVES ADVISORS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund954.2m	Real Estate Fund3.7b	Securitized Asset Fund9.8b	Venture Capital Fund-	Other Fund125.0k	Total Private Fund GAV14.4b	AUM137.1b	#Funds71
Adviser CREDIT SUISSE ASSET MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM59.9b	#Funds-
Adviser BLACK DIAMOND CAPITAL MANAGEMENT	Hedge Fund3.7b	Liquidity Fund-	Private Equity Fund3.3b	Real Estate Fund170.2m	Securitized Asset Fund2.6b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV9.7b	AUM10.5b	#Funds48
Adviser JEFFERIES FINANCE LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund3.8b	Real Estate Fund-	Securitized Asset Fund6.8b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV10.6b	AUM19.2b	#Funds52
Adviser GRANITE STATE CAPITAL MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund21.7m	Real Estate Fund-	Securitized Asset Fund78.7m	Venture Capital Fund-	Other Fund-	Total Private Fund GAV100.4m	AUM1.1b	#Funds9

Brochure Summary

Overview

Kosmos Management LLC (“Kosmos,” the “firm,” “we”, “us” or “our”), a Delaware limited liability company, was founded in April, 2011. G. Chris Kosmos and certain of his family members are the principal owners of, and control, Kosmos. Kosmos currently provides both discretionary and non-discretionary investment management services related to a specific limited investment strategy to seven funds organized as Delaware limited partnerships. Either Kosmos Funds LLC or Kosmos Funds KUV LLC, each an affiliate, are the general partner of three of these partnerships (the “General Partner”). The Funds’ investment strategy is to generate a stable income stream by investing in life settlement policies and annuities in accordance with certain criteria specified in the governing documents and agreements pertaining to each partnership. Kosmos does not currently manage any other investment entities or separate accounts but anticipates that it may provide investment advisory service to separately managed accounts and may launch new investment funds in the future that employ the same or similar investment strategy (each such separate account or fund, together with the Funds, a “Fund” and collectively, the “Funds”). Kosmos currently limits its advisory services to the types of investments used in the investment strategy described above. The terms for each Fund are disclosed in detail in the relevant client agreements and/or Fund’s offering documents that are

provided to prospective investors prior to investment. Each Fund will be managed in accordance with the investment objectives, strategies and guidelines and the terms and conditions of investment, set out, to the extent applicable, in their respective organizational, governing and other related documents (together, the “Governing Documents”). A prospective Fund Investor must consider whether a Fund is an appropriate investment, including with respect to such Fund Investor’s investment objectives and risk tolerance. Kosmos treats each Fund as an “advisory client” or “client.” A single investor Fund may be structured with Investor-imposed restrictions that limit the discretionary authority of Kosmos and tailor the advisory service to the needs of the client. With respect to pooled Funds, Kosmos neither tailors its advisory services to the individual needs of investors in the Funds (each, a “Fund Investor”) nor generally accepts Fund Investor-imposed investment restrictions with respect to the Funds. Kosmos may take into consideration the general characteristics of its target Fund Investors, but not necessarily the characteristics of any specific Fund Investor. An investment in a Fund does not, in and of itself, create a client-adviser relationship between any Fund Investor and Kosmos. As of December 31, 2023, Kosmos had approximately $112,000,000 of assets managed on a non- discretionary basis and $1,304,000,000 of assets under discretionary management.

KOSMOS MANAGEMENT LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview