9AT: LAURION CAPITAL MANAGEMENT LP

other names

LAURION CAPITAL MANAGEMENT LP
LCM CAYMAN 3 INVESTMENT CONSULTING CO. LTD. (RELYING ADVISOR)

Adviser Profile

As of Date	03/26/2025
ADV Location	NEW YORK, NY, United States
Adviser Type - Large advisory firm
Number of Employees	61 -6%
of those in investment advisory functions	35 -10%
Registration	SEC, Approved, 02/24/2012

AUM^*	9,329,428,000 -25%
of that, discretionary	9,329,428,000 -21%
Private Fund GAV^*	9,329,428,000
Avg Account Size	3,109,809,333 -21%
SMA’s	No
Private Funds	3
Contact Info	212 xxxxxxx
Websites

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

Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$9,329,428,000

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 WALLEYE CAPITAL LLC	Hedge Fund44.4b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV44.4b	AUM43.4b	#Funds15
Adviser VALUEACT CAPITAL MANAGEMENT, L.P.	Hedge Fund11.4b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV11.4b	AUM11.4b	#Funds16
Adviser GENERATION INVESTMENT MANAGEMENT US LLP	Hedge Fund8.8b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV8.8b	AUM13.3b	#Funds3
Adviser ALLEN INVESTMENT MANAGEMENT, LLC	Hedge Fund668.0k	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV668.0k	AUM15.8b	#Funds1
Adviser SOROBAN CAPITAL PARTNERS LP	Hedge Fund18.3b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV18.3b	AUM9.6b	#Funds15
Adviser REDWHEEL	Hedge Fund867.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund58.6m	Total Private Fund GAV925.7m	AUM13.2b	#Funds12
Adviser BOOTHBAY FUND MANAGEMENT	Hedge Fund14.3b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV14.3b	AUM14.5b	#Funds8
Adviser T. ROWE PRICE AUSTRALIA LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM17.5b	#Funds-
Adviser PLATINUM ASSET MANAGEMENT	Hedge Fund3.7b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.7b	AUM5.0b	#Funds6
Adviser JOHCM (USA) INC	Hedge Fund1.3b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund560.5m	Total Private Fund GAV1.9b	AUM9.0b	#Funds8

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker464288513	Stock NameISHARES TR (CALL)	$ Position$751,007,500	% Position13.00%	$ Change491.00%	# Change487.00%
Stck Ticker464287655	Stock NameISHARES TR (CALL)	$ Position$266,156,000	% Position5.00%	$ Change	# Change
Stck Ticker464287655	Stock NameISHARES TR (PUT)	$ Position$241,960,000	% Position4.00%	$ Change50.00%	# Change33.00%
Stck Ticker00287Y109	Stock NameABBVIE INC (PUT)	$ Position$244,274,700	% Position4.00%	$ Change	# Change
Stck Ticker09290D101	Stock NameBLACKROCK INC (PUT)	$ Position$208,224,382	% Position4.00%	$ Change3101.00%	# Change2781.00%
Stck Ticker037833100	Stock NameAPPLE INC (PUT)	$ Position$168,819,690	% Position3.00%	$ Change103.00%	# Change64.00%
Stck Ticker594972408	Stock NameSTRATEGY INC (CALL)	$ Position$146,766,655	% Position3.00%	$ Change	# Change
Stck Ticker459200101	Stock NameINTERNATIONAL BUSINESS MACHS (CALL)	$ Position$150,673,440	% Position3.00%	$ Change	# Change
Stck Ticker67066G104	Stock NameNVIDIA CORPORATION (PUT)	$ Position$102,320,472	% Position2.00%	$ Change-63.00%	# Change-69.00%
Stck Ticker882508104	Stock NameTEXAS INSTRS INC (PUT)	$ Position$90,413,533	% Position2.00%	$ Change210.00%	# Change250.00%

Brochure Summary

Overview

Laurion Capital Management LP provides investment advisory services to pooled investment vehicles operating as private investment funds (i.e., hedge funds). Laurion was founded in 2005 and is primarily owned by Benjamin A. Smith and Janaka Sheehan Maduraperuma. As of December 31, 2023, Laurion had $5.745 billion in client assets under management. All of these assets are managed on a discretionary basis. We act as investment adviser to the following funds:
• Laurion Capital Ltd. (the “Offshore Fund”);
• Laurion Capital LP (the “Onshore Fund”); and
• Laurion Capital Master Fund Ltd. (the “Master Fund”, and together with the Offshore Fund and the Onshore Fund, the “Funds”). The Offshore Fund and the Onshore Fund invest all their investable assets through a “master feeder” structure in the Master Fund. As described in Item 10 below, affiliated entities act as general partner to Laurion and the Onshore Fund. The Master Fund is a global multi-disciplinary fund that focuses on a wide range of strategies that include relative value, market neutral and absolute return. These strategies typically seek to analyze common sense structural and behavioral inefficiencies in the markets then employ discretionary and

quantitative trading strategies to capture these opportunities. The Master Fund seeks to generate attractive returns with low correlation to traditional markets. Please see Item 8 of this brochure for a more detailed description of our investment strategy and method of analysis. From time to time, we may create and act as investment adviser to other private investment funds or separate accounts. In this brochure, any reference to “Client” means the Funds, and any other Laurion advisory client, not to investors within the Funds (the “Investors”). We do not tailor our advisory services to the individual needs of Investors and do not allow Investors to impose restrictions on investing in any securities. Each person should consult its own advisor to determine the suitability of an investment in one of the Funds. All discussions of the Funds in this brochure, including, among other things, their investments, strategies, fees and other costs, conflicts of interest and relevant material risks, are qualified in their entirety by reference to each Fund’s respective confidential offering memorandum (if any) and governing documents (referred to collectively as the “Offering Documents”).

LAURION CAPITAL MANAGEMENT LP

Adviser Profile

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