The Tudor Group is a group of affiliated entities engaged in the management of client and proprietary assets and
the investment advisory business on a global basis for an international clientele. Within the Tudor Group, TIC
serves as the primary advisory entity, and together with its Relying Advisers, acts as investment adviser, on a
discretionary basis, to Tudor’s Clients.
TIC was formed in 1980 by Paul Tudor Jones and, together with its Relying Advisers, is privately owned by
certain current and former Personnel. Mr. Jones is the sole controlling principal of Tudor and is the Co-Chairman
and Chief Investment Officer of TIC. As of December 31, 2023, Tudor had $63,586,929,000 in regulatory assets
under management, all of which is managed on a discretionary basis.
Tudor is a multi-strategy investment adviser focused primarily on discretionary and quantitative investment
strategies, including but not limited to discretionary global macro, event driven equity, data driven equity,
quantitative global macro, statistical arbitrage and other quantitative strategies,
as more fully described in Item 8
below. Tudor employs trading strategies across a broad range of securities and derivative instruments in the fixed
income, currency, commodity and equity asset classes, on both a long and short basis, for varying investment
horizons.
Tudor provides discretionary investment advisory services to its Clients, which include the Tudor Funds (some of
which are Proprietary Accounts) and Managed Accounts. Certain Tudor Funds and Managed Accounts focus on
a single investment strategy while others focus on multiple strategies. The investment objective, strategy and
restrictions (if any) of each Tudor Fund are set forth in the applicable Offering Materials, and are generally not
tailored to the individualized investment needs of any particular Investor. However, the terms applicable to
Managed Accounts are tailored based on the individual needs of the Managed Account holder. Further
information about these strategies and investments, as well as a discussion of associated material risks, can be
found in Item 8 of this brochure.