Firm Description
TAH Management, LP (herein “TAH”, “TAH Management”, or the “Firm”) is an investment
advisor with its principal place of business in New York, New York. The adviser was founded as
a Delaware limited liability company in 2013 and is an SEC-registered investment adviser.
The principal shareholders owning more than 25% of the Firm are:
• Joel T. Citron, Managing Member
• Donald Ingham, Portfolio Manager
As used in this brochure, the words “we,” “our” and “us” refer to TAH Management, LP and the
words “you”, “your” and “client” refer to you as either a client or prospective client of our Firm.
Investment Advisory Services
General. TAH Management provides discretionary investment management services to pooled
investment vehicles (“Private Fund” or “Private Funds”) intended for institutional investors and
other sophisticated investors meeting certain requirements (“Qualified Clients”). As of December
31, 2021, the Private Funds include:
• TAH Core Fund, LLC (the “Onshore Feeder”), a Delaware Limited Liability Company;
• TAH Core Fund (Offshore), Ltd. (the “Offshore Feeder”), a Cayman Islands exempted
company;
• TAH Core Master Fund, Ltd. (the “Master Fund”) and together with the Feeders, the
(“Master-Feeder Funds”), a Cayman Islands exempted company;
• TAH Caulipower SPV, LLC (the “SPV”), a Delaware Limited Liability Company.
The Onshore Feeder and Offshore
Feeder each invest substantially all their assets through a
master-feeder structure in the Master Fund. The Master Fund and the Onshore Feeder are managed
by TAH Capital Group, LLC, the General Partner (the “GP”), and the Firm. The Offshore Feeder
is managed by the Firm. TAH Capital Group, LLC is the Managing Member of TAH Caulipower
SPV, LLC.
TAH Management provides investment advice directly to the Private Funds, and not individually
to any investor in any Private Fund. TAH Management does not tailor its advisory services to the
individual needs of any investor and such investors may not impose investment restrictions on a
Fund.
Prospective investors in the Private Funds are provided with a combination of documents,
depending on the particular Private Fund in which a prospect is considering an investment which
may include: private placement memorandum (“PPM”); limited liability company agreement;
memorandum articles of association and/or the investment agreement between the Fund and TAH
and/or the applicable GP or Managing Member, in each case including any amendments or
supplements thereto and/or any other disclosure documentation, as applicable (collectively
referred to herein as the “Governing Documents”).
Assets Under Management
As of December 31, 2022, TAH had $187,486,000 in regulatory assets under management on a
discretionary basis. TAH does not manage any assets on a non-discretionary basis.