Management Agreement Renewal Letter between Citigroup Managed Futures LLC and Altis Partners (Jersey) Limited

Summary

Citigroup Managed Futures LLC and Altis Partners (Jersey) Limited have agreed to extend the term of their existing management agreements for several commodity pools until June 30, 2010. All other terms and conditions of the original agreements remain unchanged. The renewal is confirmed by both parties signing this letter. This extension ensures continued management services for the listed funds under the same terms as before.

EX-10.7(A) 4 y02687exv10w7xay.htm EX-10.7(A) exv10w7xay

Exhibit 10.7(a)

June 24, 2009

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

Attention: Mr. Richard F. Plane


		Re:		Management Agreement Renewals

Dear Mr. Plane:

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, 2010 and all other provisions of the Management Agreements will remain unchanged.

	•		CTA Capital LLC

	•		Citigroup Global Diversified Futures Fund L.P.

	•		Citigroup Emerging CTA Portfolio L.P.

	•		CMF Altis Partners Master Fund L.P.

	•		CMF Institutional Futures Portfolio L.P.

	•		Citigroup 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,

CITIGROUP MANAGED FUTURES LLC


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

ALTIS PARTNERS (JERSEY) LIMITED



By:		/s/ Richard Plane
Print Name:		Richard Plane
		Executive Director

JM/sr