MAN AHL DIVERSIFIED I LP Files 2023 Annual Report (10-K)

TL;DR

<b>MAN AHL DIVERSIFIED I LP has filed its 2023 10-K annual report, detailing its financial and operational status.</b>

AI Summary

MAN AHL DIVERSIFIED I LP (MADL) filed a Annual Report (10-K) with the SEC on March 22, 2024. MAN AHL DIVERSIFIED I LP filed its 10-K report for the fiscal year ending December 31, 2023. The company is registered in Delaware and its fiscal year ends on December 31. Its business and mailing address is 123 North Wacker Drive, Suite 2800, Chicago, IL 60606. The filing is made under the 1934 Securities Exchange Act with SEC file number 000-53043. The SIC code listed is 6221, indicating operations in 'Crypto Assets'.

Why It Matters

For investors and stakeholders tracking MAN AHL DIVERSIFIED I LP, this filing contains several important signals. This 10-K filing provides a comprehensive overview of the company's financial performance, risk factors, and strategic initiatives for the fiscal year 2023, crucial for investors to assess the company's health and future prospects. The inclusion of specific financial instruments like futures, swaps, and US Treasury Bills indicates the company's active engagement in complex financial markets, requiring careful analysis of its trading strategies and risk management.

Risk Assessment

Risk Level: medium — MAN AHL DIVERSIFIED I LP shows moderate risk based on this filing. The company's engagement with various complex financial instruments such as futures, swaps, and credit default swaps introduces inherent market and operational risks that require sophisticated management.

Analyst Insight

Investors should review the detailed financial statements and risk factor disclosures within the 10-K to understand the specific risks associated with MAN AHL DIVERSIFIED I LP's trading activities.

Key Numbers

• 2023-12-31 — Fiscal Year End (Report period)
• 2024-03-22 — Filing Date (Date of submission)
• 000-53043 — SEC File Number (SEC registration number)
• 6221 — SIC Code (Industry classification for Crypto Assets)

Key Players & Entities

• MAN AHL DIVERSIFIED I LP (company) — Filer name
• MADL (company) — Ticker symbol
• 2023-12-31 (date) — Fiscal year end
• 2024-03-22 (date) — Filing date
• 123 NORTH WACKER DRIVE (address) — Business address
• 60606 (address) — Business ZIP code
• 000-53043 (regulator) — SEC file number
• 6221 (industry) — Standard Industrial Classification

FAQ

Risk Factors

• Risk Factors Related to Financial Instruments [medium — financial]: The company engages in various financial instruments including futures, swaps, and credit default swaps, which carry inherent market and credit risks.
• Operational Risks [medium — operational]: The nature of trading complex financial instruments can lead to operational risks, including system failures or human error.
• Market Volatility [medium — market]: Investments in futures, swaps, and other derivatives are subject to significant market volatility and price fluctuations.

Key Dates

• 2023-12-31: Fiscal Year End — Marks the end of the reporting period for the 10-K.
• 2024-03-22: Filing Date — Date the 10-K was officially submitted to the SEC.

Key Financial Figures

• $10,000 — eld and redeemed in a minimum amount of $10,000. On April 1, 2009, the Partnership adde
• $3.25 — rtnership pays clearing fees of between $3.25 and $4.00 per transaction as well as de
• $4.00 — pays clearing fees of between $3.25 and $4.00 per transaction as well as dealer profi

Filing Documents

• ck0001052354-20231231.htm (10-K) — 3848KB
• ck0001052354-ex31_1.htm (EX-31.1) — 12KB
• ck0001052354-ex31_2.htm (EX-31.2) — 12KB
• ck0001052354-ex32_1.htm (EX-32.1) — 5KB
• ck0001052354-ex32_2.htm (EX-32.2) — 6KB
• img26256093_0.jpg (GRAPHIC) — 147KB
• img26256093_1.jpg (GRAPHIC) — 147KB
• img26256093_2.jpg (GRAPHIC) — 8KB
• 0000950170-24-035494.txt (&nbsp;) — 16924KB
• ck0001052354-20231231.xsd (EX-101.SCH) — 2957KB
• ck0001052354-20231231_htm.xml (XML) — 3442KB

Business

Item 1. Business (a) General development of business Man-AHL Diversified I L.P., a Delaware limited partnership (the "Partnership"), was organized in September 1997 under the Delaware Revised Uniform Limited Partnership Act and commenced trading operations on April 3, 1998, for the purpose of engaging in the speculative trading of physical commodities, futures and forward contracts and related instruments. The Partnership was formerly named AHL Diversified (USA) L.P., but was renamed in February 2002. The Partnership is a "feeder" fund in a "master-feeder" structure, whereby the Partnership invests substantially all of its assets in Man AHL-Diversified Trading Company L.P. (the "Trading Company"). AHL Partners LLP (the "Trading Advisor"), a United Kingdom limited liability partnership, is the Partnership's and the Trading Company's trading advisor. The Trading Advisor also serves as the Partnership's commodity pool operator. Man Investments (USA) Corp. (the "General Partner"), a Delaware corporation, is the Partnership's general partner. The Trading Advisor is an affiliate of the General Partner. Man Investments Limited, a United Kingdom private limited company, that is part of Man Group plc ("Man Group"), is the managing member of the Trading Advisor, and Man Investments Holdings Inc., a Delaware corporation that is part of Man Group, is the sole shareholder of the General Partner. On January 28, 2008, the Partnership filed a registration statement under the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). The registration statement, which was subsequently amended, became effective on or about March 28, 2008. The Partnership offers two classes of units of limited partnership interest in the Partnership ("Units"): Class A Units are generally offered; Class B Units are offered to employee benefit plans, IRAs and other retirement plans and accounts. The two Classes of Units are identical to each other except that Class B Units may be purchased,

Risk Factors

Item 1A. Risk Factors. Risk of Loss. Investing in the Partnership is speculative and involves substantial risks. You should not invest unless you can afford to lose your entire investment. General. The transactions in which the Trading Advisor generally will engage on behalf of the Partnership involve significant risks. Growing competition may limit the Trading Advisor's ability to take advantage of trading opportunities in rapidly changing markets. No assurance can be given that investors will realize a profit on their investment. Moreover, investors may lose all or some of their investment. Because of the nature of the trading activities, the results of the Partnership's operations may fluctuate from month to month and from period to period. Accordingly, investors should understand that the results of a particular period will not necessarily be indicative of results in future periods. Markets Are Volatile and Difficult to Predict. Trading in futures is a speculative activity. Futures prices may be highly volatile. Market prices are difficult to predict and are influenced by many factors, including: changes in interest rates; governmental, agricultural, trade, fiscal, monetary and exchange control programs and policies; weather and climate conditions; changing supply and demand relationships; national and international political and economic events; and the changing philosophies and emotions of market participants. In addition, governments intervene in particular markets from time to time, both directly and by regulation, often with the intent to influence prices. The effects of government intervention may be particularly significant in the financial instrument and currency markets, and may cause such markets to move rapidly. Trading Is Highly Leveraged. The low margin deposits normally required in futures trading permit an extremely high degree of leverage. A relatively small movement in the price of a futures contract may result in immediate and substanti

View Full Filing

View this 10-K filing on SEC EDGAR