Overview
Element Capital Management LLC (“Element”) is an investment adviser with its principal place of business
in New York, New York. Element, a Delaware limited liability company, was formed in February 2007 and
commenced operations as an investment adviser in June 2007. Jeffrey M. Talpins is the principal owner of
Element, and Element Capital Partners LLP (the “Relying Adviser”). Mr. Talpins launched the Element
Capital Master Fund Limited in April 2005 and has continuously headed its investment activities since that
time, previously for Proxima Alfa (USA) LLC and since June 2007, for Element.
Element employs a Modern Macro style of global macro investing. Modern Macro is a multi-process
investment approach that integrates macro fundamental, systematic and relative value analysis, generally
combining these processes within a given investment strategy. Element expresses its macro views using
primarily fixed income, foreign exchange and equity instruments. Element’s investment team utilizes its
proprietary base of technology, disciplined risk management, innovative trade structuring and advanced
portfolio construction techniques to implement its strategies. Mr. Talpins, the Chief Executive Officer and
Chief Investment Officer of Element, provides strategic direction for Element.
Element, together with the Relying Adviser, provides investment advisory services to pooled investment
vehicles intended for sophisticated and institutional investors (the “Element Funds”). Element provides
advice to the Element Funds tailored to the investment objectives and strategies set forth in each Element
Fund’s offering memorandum. The Element Funds do not impose restrictions on investing in certain
securities or certain types of securities. In the future, Element may also provide investment advisory
services to sophisticated and institutional investors through separate accounts or other pooled investment
vehicles (such separate accounts and/or pooled investment vehicles together with the Element Funds, the
“Clients”).
As of December 31, 2023, Element had $74,801,493,375 of regulatory assets under management, all of
which are managed on a discretionary basis on behalf of the Element Funds.