Marshall Wace Amends Exempt Offering for Global Equities LE Fund

TL;DR

**Marshall Wace's Global Equities LE Fund just updated its exempt offering status, confirming it's still only for big-money investors.**

AI Summary

Marshall Wace Managed Accounts ICAV - MW TOPS Global Equities LE Fund filed an amended Form D/A on March 25, 2026, indicating an exempt offering of securities under Section 3(c)(7) of the Investment Company Act. This amendment updates a previous filing for a fund that caters to qualified purchasers, meaning it's not available to the general public. For investors, this filing primarily confirms the fund's continued operation and its status as an exempt investment vehicle, which is important for understanding its regulatory framework and target investor base.

Why It Matters

This filing confirms the fund's regulatory status and its continued operation under an exemption, which is crucial for investors to understand the fund's structure and who it can solicit.

Risk Assessment

Risk Level: low — This is an administrative amendment to an exempt offering notice and does not indicate new financial risks or opportunities for public investors.

Analyst Insight

Investors should note this filing confirms the fund's status as an exempt offering for qualified purchasers, meaning it's not a publicly traded fund. No direct action is required for general public investors.

Key Numbers

• 021-363813 — File No. (identifies the specific exempt offering filing)
• 26788276 — Film No. (internal SEC tracking number for the filing)
• 1231 — Fiscal Year End (indicates the fund's fiscal year end)

Key Players & Entities

• Marshall Wace Managed Accounts ICAV - MW TOPS Global Equities LE Fund (company) — the filer of the D/A form
• 0001807754 (company) — CIK of the filer
• March 25, 2026 (date) — filing and acceptance date of the D/A
• Section 3(c)(7) (other) — specific exemption under the Investment Company Act

Forward-Looking Statements

• The fund will continue to operate under the Section 3(c)(7) exemption. (Marshall Wace Managed Accounts ICAV - MW TOPS Global Equities LE Fund) — high confidence, target: Ongoing

FAQ

Key Financial Figures

• $1 — enues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,
• $1,000,000 — No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,
• $5,000,000 — Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001
• $1,000,001 — e   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000
• $5,000,001 — $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000
• $25,000,000 — $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001
• $25,000,001 — $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,0
• $50,000,000 — 5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,0
• $100,000,000 — 25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $1
• $50,000,001 — 0,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   O

Filing Documents

• primary_doc.html (D/A)
• primary_doc.xml (D/A) — 8KB
• 0000902664-26-001751.txt ( ) — 10KB

From the Filing

Form D FORM D Notice of Exempt Offering of Securities UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. OMB APPROVAL OMB Number: 3235-0076 Estimated Average burden hours per response: 4.0 1. Issuer's Identity CIK (Filer ID Number) Previous Name(s) None Entity Type Marshall Wace Managed Accounts ICAV - MW TOPS World Equities LE Fund Corporation Limited Partnership   Limited Liability Company   General Partnership   Business Trust Other Segregated sub-fund of corporation   Name of Issuer   Marshall Wace Managed Accounts ICAV - MW TOPS Global Equities LE Fund Jurisdiction of Incorporation/Organization IRELAND   Year of Incorporation/Organization Over Five Years Ago Within Last Five Years (Specify Year)   Yet to Be Formed           2. Principal Place of Business and Contact Information Name of Issuer   Marshall Wace Managed Accounts ICAV - MW TOPS Global Equities LE Fund Street Address 1 Street Address 2   32 MOLESWORTH STREET     DUBLIN   IRELAND     2   44-0207-9257636   3. Related Persons Last Name First Name Middle Name Bennett Gregory Street Address 1 Street Address 2   32 Molesworth Street       Dublin   IRELAND   2   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Flaherty Patrick Street Address 1 Street Address 2   32 Molesworth Street       Dublin   IRELAND   2   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Healy Barbara Street Address 1 Street Address 2   32 Molesworth Street       Dublin   IRELAND   2   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Mulvey Marion Street Address 1 Street Address 2   32 Molesworth Street       Dublin   IRELAND   2   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Thomas Robert Street Address 1 Street Address 2   32 Molesworth Street       Dublin   IRELAND   2   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Last Name First Name Middle Name Marshall Wace LLP - Street Address 1 Street Address 2   George House, 131 Sloane Street       London   UNITED KINGDOM   SW1X 9AT   Relationship: Executive Officer Director Promoter Clarification of Response (if Necessary) Investment Manager 4. Industry Group   Agriculture Banking & Financial Services     Commercial Banking     Insurance   Investing     Investment Banking     Pooled Investment Fund Hedge Fund Other Investment Fund Private Equity Fund Venture Capital Fund *Is the issuer registered as an investment company under the Investment Company Act of 1940? Yes  No   Other Banking & Financial Services   Business Services Energy     Coal Mining     Electric Utilities     Energy Conservation     Environmental Services     Oil & Gas     Other Energy Health Care     Biotechnology     Health Insurance     Hospitals & Physicians     Pharmaceuticals     Other Health Care                         Manufacturing Real Estate   Commercial   Construction   REITS & Finance   Residential Other Real Estate   Retailing Restaurants Technology   Computers   Telecommunications   Other Technology Travel   Airlines & Airports   Lodging & Conventions   Tourism & Travel Services   Other Travel Other        5. Issuer Size Revenue Range Aggregate Net Asset Value Range No Revenues   No Aggregate Net Asset Value   $1 - $1,000,000 $1 - $5,000,000   $1,000,001 - $5,000,000   $5,000,001 - $25,000,000 $5,000,001 - $25,000,000   $25,000,001 - $50,000,000 $25,000,001 - $100,000,000   $50,000,001 - $100,000,000   Over $100,000,000   Over $100,000,000   Decline to Disclose   Decline to Disclose   Not Applicable   Not Applicable   6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply) Rule 504(b)(1) (not (i), (ii) or (iii)) Rule 506(b)         Rule 504 (b)(1)(i) Rule 506(c) Rule 504 (b)(1)(ii) Securities Act Section 4(a)(5) Rule 504 (b)(1)(iii) Investment Company Act Section 3(c) Section 3(c)(1) Section 3(c)(9) Section 3(c)(2) Section 3(c)(10) Section 3(c)(3) Section 3(c)(11) Section 3(c)(4) Section 3(c)(12) Section 3(c)(5) Section 3(c)(13) Section 3(c)(6) Section 3(c)(14) Section 3(c)(7)     7. Type of Filing   New Notice Date of First Sale   2020-02-03   First Sale Yet to Occur   Amendment     8. Duration of Offering Does the Issuer intend this offering to last more than one year?   Yes   No     9. Type(s) of Securities Offered (select all that apply) Pooled Investment Fund Interests Equity Tenant-in-Common Securities Debt Mineral Property Securities Option, Warrant or Other Right to Acquire Another Security Security to be Acquired Upo

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View this D/A filing on SEC EDGAR