Read without ads and support Scribd by becoming a Scribd Premium Reader.
 
200370717v11
Form ADV Part 2A: Firm Brochure
March 31, 2011
BlueCrest Capital Management LLP
Level 6, 29 The High StreetSt. Peter Port, Guernsey GY1 2JXTelephone: +44 14 8173 3800Fax: +44 14 8173 3801Attention: jgriffith@nyc.bluecrestcapital.comwww.bluecrestcapital.comBlueCrest Capital Management LLP is an investment adviser that is registered with the UnitedStates Securities and Exchange Commission. Registration with the United States Securities andExchange Commission does not imply a certain level of skill or training.
This brochure provides information about the qualifications and business practices of BlueCrest Capital Management LLP. If you have any questions about the contents of thisbrochure, please contact us at +44 14 8173 3800. The information in this brochure has notbeen approved or verified by the United States Securities and Exchange Commission or byany state securities authority.Additional information about BlueCrest Capital Management LLP also is available on theSEC’s website at www.adviserinfo.sec.gov.
 
 
 
Material Changes
Because much of the information in this Part 2A of Form ADV is additional information notpreviously provided in our Part II of Form ADV, we recommend that you read this Part 2A of Form ADV in its entirety.Since our last update of our Part II of Form ADV in 2010, we have restructured our firm and ouraffiliates. Sugarquay Limited, ultimately owned by Man Group Holdings Limited, and WilliamReeves, a co-founder of our firm, have sold their interests in our business to our affiliates.Despite this restructuring, our business remains the same.
 
 i
Table of Contents
1.
 
Advisory Business ...............................................................................................................1
 
2.
 
Fees and Compensation .......................................................................................................1
 
3.
 
Performance-Based Fees and Side-By-Side Management ..................................................4
 
4.
 
Types of Clients ...................................................................................................................5
 
5.
 
Method of Analysis, Investment Strategies and Risk of Loss .............................................5
 
6.
 
Disciplinary Information ....................................................................................................27
 
7.
 
Other Financial Industry Activities and Affiliates .............................................................27
 
8.
 
Code of Ethics, Participation or Interest in Client Transactions and PersonalTrading ...............................................................................................................................31
 
9.
 
Brokerage Practices ...........................................................................................................36
 
10.
 
Review of Accounts ...........................................................................................................39
 
11.
 
Client Referrals and Other Compensation .........................................................................43
 
12.
 
Custody ..............................................................................................................................43
 
13.
 
Investment Discretion ........................................................................................................44
 
14.
 
Voting Client Securities .....................................................................................................45
 
15.
 
Financial Information.........................................................................................................45
 
Search History:
Searching...
Result 00 of 00
00 results for result for
  • p.
  • More From This User

    Notes
    Load more