Attached files
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| 8-K - AAA CAPITAL ENERGY FUND L.P. II - Managed Futures Premier Energy Fund L.P. II | aaacapii.htm |
Morgan Stanley EXHIBIT 10.1
Ceres Managed Futures LLC
522 Fifth Avenue, 14th Floor
New York, NY 10036
December 20, 2012
AAA Capital Management Advisors, Ltd.
1300 Post Oak Blvd. Suite 350
Houston, Texas 77056
Attention: Mr. Anthony Annunziato
Re: Management Fee Change
Dear Mr. Annunziato:
We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (each, a “Management Agreement”). Effective January 1, 2013, the monthly management fee referenced in Section 3(a) in each Management Agreement shall be 1/12 of 1.5% (1.5% per year).
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AAA Capital Energy Fund L.P.
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AAA Capital Energy Fund L.P. II
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Orion Futures Fund L.P.
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Institutional Futures Portfolio L.P.
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Global Futures Fund
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Orion Futures Fund (Cayman) Ltd.
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AAA ARC Energy Feeder Fund L.P.
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Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Mr. Walter Davis. If you have any questions I can be reached at 212-296-7444.
Very truly yours,
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CERES MANAGED FUTURES LLC
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By:
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/s/ Walter Davis
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Walter Davis
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President & Director
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AAA CAPITAL MANAGEMENT ADVISORS, LTD.
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By:
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/s/ Gerard Trevino
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Print Name: Gerard Trevino
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Title: Chief Operating Officer
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