Investment adviser · CRD 133720

PINE RIVER CAPITAL MANAGEMENT L.P.

Investment adviser filing (IA)

MINNETONKA, MN, United States · Form ADV filed Jun 16, 2026

Regulatory AUM: $46.9B
Client accounts: 7
Employees: 31
Advisory professionals: 14

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	7	$46,868,139,376	100.0%

Filing source

Form ADV 2113769 · Jun 16, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

45 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

PINE RIVER MULTI-STRATEGY MASTER FUND LTD.Hedge Fund · Last reported Jun 16, 2026$5.91BGross asset value

Form D fundraising filings

Pine River Multi-Strategy Master Fund Ltd.

Feeder funds

PINE RIVER MULTI-STRATEGY FUND LTD.

Fund administrator SS&C FINANCIAL SERVICES LLC WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian JP MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian TD PRIME SERVICES LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker JP MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker TD PRIME SERVICES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 1655

TD PRIME SERVICES LLC
SEC 8-3337

TD PRIME SERVICES LLC
CRD 1914 · SEC 8-3337

Fund details & source

Fund ID: 805-1796264097
Reported beneficial owners: 12
Minimum commitment: $1M
Form D file number: 021-462402
Form D file number: 021-462834

Form ADV 2113769 · Jun 16, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PINE RIVER MUNICIPAL MASTER FUND LTD.Hedge Fund · Last reported Jun 16, 2026$53.9MGross asset value

Form D fundraising filings

Pine River Municipal Master Fund Ltd.

Feeder funds

PINE RIVER PRECISION FUND SPC FOR THE ACCOUNT OF PINE RIVER MUNICIPAL FUND S.P.
PINE RIVER MUNICIPAL FUND SERIES, A SERIES OF PINE RIVER PRECISION FUND LLC

Fund administrator SS&C FINANCIAL SERVICES (CAYMAN) LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FINANCIAL SERVICES LLC WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian TD PRIME SERVICES LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker TD PRIME SERVICES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 1655

Fund details & source

Fund ID: 805-1558350951
Reported beneficial owners: 8
Minimum commitment: $1M
Form D file number: 021-327479
Form D file number: 021-391874

Form ADV 2113769 · Jun 16, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PINE RIVER LIQUID RATES MASTER FUND LTD.Hedge Fund · Last reported Jan 5, 2018$50.3BGross asset value

Feeder funds

PINE RIVER LIQUID RATES FUND L.P.
PINE RIVER LIQUID RATES FUND LTD.

Fund administrator SS&C FINANCIAL SERVICES LLC WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom Related to adviser: No

Custodian J.P. MORGAN CHASE BANK, N.A. BROOKLYN, New York, United States Related to adviser: No

Custodian MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom Related to adviser: No

Custodian MERRILL LYNCH JAPAN SECURITIES CO., LTD. TOKYO, Japan Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States

Prime broker BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom

Prime broker JPMORGAN CHASE BANK, N.A. BROOKLYN, New York, United States

Prime broker MERRILL LYNCH INTERNATIONAL LONDON, United Kingdom

Prime broker MERRILL LYNCH JAPAN SECURITIES CO., LTD. TOKYO, Japan

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 1655

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

Fund details & source

Fund ID: 805-4875463319
Reported beneficial owners: 62
Minimum commitment: $1M
Form D file number: 021-202763
Form D file number: 021-210303

Form ADV 1161506 · Jan 5, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SILVER SANDS FUND III LTD.Hedge Fund · Last reported Feb 4, 2014$1.97BGross asset value

Fund administrator BUTTERFIELD FULCRUM GROUP (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP MINNEAPOLIS, Minnesota, United States

Custodian JP MORGAN CHASE BANK, TOKYO TOKYO, Japan Related to adviser: No

Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

J.P. MORGAN CLEARING CORP.
SEC 8-43724

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-9326688902
Reported beneficial owners: 1
Minimum commitment: $1M

Form ADV 777730 · Feb 4, 2014 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PINE RIVER RELATIVE VALUE RATES MASTER FUND LTD.Hedge Fund · Last reported Aug 17, 2023$698MGross asset value

Form D fundraising filings

Pine River Relative Value Rates Master Fund Ltd.

Feeder funds

PINE RIVER RELATIVE VALUE RATES FUND L.P.
PINE RIVER RELATIVE VALUE RATES FUND LTD.

Fund administrator SS&C FINANCIAL SERVICES LLC WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian JP MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Marketer CASTLE HILL CAPITAL PARTNERS, INC. NEW YORK, New York, United States Related to adviser: No

Prime broker JP MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 1655

Fund details & source

Fund ID: 805-3375919522
Reported beneficial owners: 2
Minimum commitment: $1M
Form D file number: 021-412945
Form D file number: 021-416320

Form ADV 1781578 · Aug 17, 2023 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PINE RIVER ULTRA MASTER FUND LTD.Hedge Fund · Last reported Jul 29, 2016$678MGross asset value

Feeder funds

Fund administrator GLOBEOP FINANCIAL SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C TECHNOLOGIES, INC. HARRISON, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP MINNEAPOLIS, Minnesota, United States

Custodian BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom Related to adviser: No

Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No

Custodian DEUTSCHE BANK AG FRANKFURT, Germany Related to adviser: No

Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker BARCLAYS BANK PLC LONDON, United Kingdom

Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States

Prime broker BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom

Prime broker CITIBANK, N.A. NEW YORK, New York, United States

Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States

Prime broker DEUTSCHE BANK AG FRANKFURT, Germany

Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

BARCLAYS CAPITAL INC.
SEC 8-41342

J.P. MORGAN CLEARING CORP.
SEC 8-43724

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-9736498021
Reported beneficial owners: 22
Minimum commitment: $1M
Form D file number: 021-219040
Form D file number: 021-224115

Form ADV 1032097 · Jul 29, 2016 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PINE RIVER LIQUID MORTGAGE MASTER FUND LTD.Hedge Fund · Last reported Jan 5, 2018$464MGross asset value

Feeder funds

PINE RIVER LIQUID MORTGAGE FUND L.P.

Fund administrator SS&C FINANCIAL SERVICES LLC WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Fund administrator SS&C FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GRAND CAYMAN, Cayman Islands

Custodian BARCLAYS CAPITAL INC. NEW YORK, New York, United States Related to adviser: No

Custodian BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom Related to adviser: No

Custodian CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Related to adviser: No

Custodian JP MORGAN CHASE BANK BROOKLYN, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker BARCLAYS CAPITAL INC. NEW YORK, New York, United States

Prime broker BARCLAYS CAPITAL SECURITIES LIMITED LONDON, United Kingdom

Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States

Prime broker JPMORGAN CHASE BANK, N.A. BROOKLYN, New York, United States

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 1655

BARCLAYS CAPITAL INC.
SEC 8-41342

BARCLAYS CAPITAL INC.
CRD 19714 · SEC 8-41342

Fund details & source

Fund ID: 805-1018278445
Reported beneficial owners: 8
Minimum commitment: $1M
Form D file number: 021-149031

Form ADV 1161506 · Jan 5, 2018 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 16, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

601 CARLSON PARKWAY, SUITE 700
MINNETONKA, MN, 55305, United States

CRD 133720

Filing source

Form ADV 2113769 · Jun 16, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.