LMR Partners LLC

LMR Partners LLC provides discretionary investment management primarily to private pooled investment vehicles (the “Funds”) offered on a private placement basis to qualified investors. The firm serves these pooled vehicles through an integrated group of affiliated investment managers and may engage external managers or co-investment arrangements as part of its oversight of Fund portfolios.

The firm pursues a multi-strategy, relative-value investment approach with market‑neutral allocations across fixed income, equities, credit, volatility, event-driven and commodities strategies, overseen by dedicated Product Heads and a formal Risk Committee. Trading is executed through functionally segregated portfolio teams that use derivatives, leverage, systematic tools, and, when appropriate, investments in carbon credits and digital asset derivatives to implement both directional and relative-value ideas.

A few features distinguish LMR from many peers: it reports both approximately $13.7 billion in assets it advises and about $139.77 billion in regulatory assets under management as of December 31, 2025, and it operates seven offices across its investment group structure. The firm and an affiliate are registered with the CFTC as commodity pool operators and are NFA members, and its platform includes multiple regulated international affiliates and relying advisers, reflecting a cross‑jurisdictional operating model that supports its commodity and derivatives activity.