Re: Management Agreement Renewals

EX-10.7.A 4 y04626exv10w7wa.htm EX-10.7.A exv10w7wa

Exhibit 10.7(a)

June 1, 2010

Altis Partners (Jersey) Limited
2 Hill Street
St Helier, Jersey
Channel Islands JE2 4UA

Attention: Mr. Stephen Hedgecock


		Re:		Management Agreement Renewals

Dear Mr. Hedgecock:

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the “Management Agreements”). We are extending the term of the Management Agreements through June 30, 2011 and all other provisions of the Management Agreements will remain unchanged.

	•		CTA Capital LLC

	•		Global Diversified Futures Fund L.P.

	•		Emerging CTA Portfolio L.P.

	•		CMF Altis Partners Master Fund L.P.

	•		Institutional Futures Portfolio L.P.

	•		Global Futures Fund Ltd.

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to ###-###-####. If you have any questions I can be reached at ###-###-####.

Very truly yours,

CERES MANAGED FUTURES LLC


By:		/s/ Jennifer Magro
		Jennifer Magro
		Chief Financial Officer and Director

ALTIS PARTNERS (JERSEY) LIMITED



By:		/s/ Stephen Hedgecock
		Print Name: Stephen Hedgecock

JM/sr