Manager and Strategy Registration Questionnaire

II.1 Manager Registration Questionnaire

These eight questions are asked once at account creation and can be updated later from the account settings page. They establish the user's professional context and inform the analytics peer group.

Question U1 — Professional context

Which of the following best describes your professional role?

(Select one)

• I manage or advise a registered alternative investment fund — hedge fund, CTA, or similar pooled vehicle
• I am an investment adviser, portfolio manager, or CIO within a registered RIA, family office, or asset management firm
• I manage a proprietary trading book at a broker-dealer, bank, or independent proprietary trading firm
• I run systematic or discretionary investment strategies using personal capital, or as an independent trader

Question U2 — External capital

Do any of the strategies you intend to register on Pyrite manage assets on behalf of external clients or investors?

(Select one)

• Yes — I manage assets for one or more external clients or investors
• No — I manage only my own capital or my firm's proprietary capital

Question U3 — Regulatory registration

Is your investment management activity currently regulated by a financial authority?

(Select one)

• Yes — I am registered or regulated by the SEC, FINRA, CFTC/NFA, or an equivalent foreign regulator
• Pending — I am in the process of applying for regulatory registration
• No — I am not subject to financial regulatory registration requirements

Question U4 — Institutional presence

Which of the following best describes your current institutional reporting presence?

(Select one)

• We already report performance data to at least one institutional database (e.g., BarclayHedge, HFR, eVestment, Preqin)
• We have institutional investors but are not yet formally reporting to a major database
• We have no current institutional reporting or database relationships

Question U5 — Principal(s)

Introduce the user(s) / principal(s)

(Career history, past employers, responsibilities…)

Question U6 — Experience level

For how many years have you managed investment strategies using real capital of the most senior principal?

(Select one)

• Less than 1 year
• 1 to 3 years
• 3 to 7 years
• More than 7 years

Question U7 — Firm / Advisor / Regulatory information

Firm / Advisor information

Number of Prime broker(s)

Entered in the online questionnaire

Name(s) of Prime broker(s)

Entered in the online questionnaire

Number of external Custodian(s) / Clearer(s)

Entered in the online questionnaire

Name(s) of Custodian(s) / Clearer(s)

Entered in the online questionnaire

Number of Auditor(s)

Entered in the online questionnaire

Name(s) of Auditor(s)

Entered in the online questionnaire

Inception year

Entered in the online questionnaire

Manager’s AUM

($)

# strategies at the firm

Entered in the online questionnaire

Number of employees

Entered in the online questionnaire

Number of clients

Entered in the online questionnaire

Typical client size

($)

Firm has non-investment relations with investors

Yes/No Example: investors are also trade counterparties

Firm has a dedicated CCO

Yes/No

Firm has been convicted of a breach of securities laws by a regulator or a court

Yes/No

Principal(s) have been convicted of a breach of securities laws by a regulator or a court.

Yes/No

Principal(s) have been convicted of civil wrongdoing by a court.

Yes/No

Principal(s) have been convicted of criminal wrongdoing by a court.

Yes/No

A litigation is pending against the firm or its principal(s)

Yes/No

Principal(s) have a management-only sleeve

Yes/No

There is a trade allocation policy

Yes/No, describe in the strategy description

Question U8 — Contact details

How can an allocator contact you

Name

Entered in the online questionnaire

Position

Entered in the online questionnaire

Email address

Entered in the online questionnaire

Phone number

Entered in the online questionnaire

Address

Entered in the online questionnaire

II.2 Strategy Registration Questionnaire

These questions are asked once per strategy, at the time the strategy is about to be published on the platform (either to private clients or all allocators), starting by the name of the strategy.

Question S0 — Strategy name

What is the name of this strategy?

Question S1 — Legal structure

What is the legal structure of this strategy?

(Select one)

• A registered pooled investment vehicle (e.g., limited partnership, registered fund, UCITS, offshore fund)
• A separately managed account (SMA) or unified managed account (UMA) managing client assets
• A proprietary trading account managing employer or firm capital (no external investors)
• A personal investment account managing my own capital exclusively

Question S2 — Strategy record type

How was this strategy’s performance record generated?

(Select one)

• Back-tested only — performance is simulated from historical data; no live trading record exists for this strategy.
• Hybrid — a portion of the record is live-traded and a portion is back-tested; periods are clearly labeled in the data upload.
• Live-traded — all returns shown reflect actual executed trades in a funded account.

Question S3 — Track record length

Allocators typically require 2 years of track-record to be analyzed. Live track-records are much more valuable and realistic than back-tests.

How many complete months of live-trading history does this strategy have at the time of registration?

(Select one)

• Fewer than 6 months
• 6 to 11 months
• 12 to 35 months (1 to 3 years)
• 36 months or more (more than 3 years)

Question S4 — Capital mandate

Who contributes capital to this strategy?

(Select one)

• External investors or clients (one or more individuals, institutions, or families)
• My employer or firm (proprietary capital — no external third-party investors)
• I am the sole capital contributor, including “friends and family”

Question S5 — Return verification level

How would you characterize the verifiability of this strategy's return data?

(Select one)

• Independently audited — returns have been audited and certified by an external audit firm
• Custodian-verified — returns are directly reconcilable with prime broker or custodian statements and can be provided on request
• Internally calculated — returns are derived from your own trading records; no external verification has been obtained
• Self-reported — no external documentation is currently available to verify these returns

II.3 Strategy Description Questions

Question S6 — Stated Style

What best describes this strategy's primary investment approach?

(Select up to 2)

Primary / Secondary

• 1. Equity - Long/Short
• 2. Managed Futures / CTA (commodity trading advisor)
• 3. Emerging Markets
• 4. Event-Driven / Arbitrage / Special Situations
• 5. Fixed Income / Credit
• 6. Global Macro
• 7. Multi-Strategy
• 8. Relative Value
• 9. Fund-of-Funds
• A. Equity – Long only
• B. Digital Assets / Cryptocurrency
• C. Other (please specify in strategy description)

Question S7 — Stated Focus Geography

What best describes this strategy's geographical focus?

(Select one)

• 1. North America
• 2. Latin America
• 3. Europe
• 4. Middle-East & Africa
• 5. Asia Ex-Australia/Oceania
• 6. Australia – Oceania
• 7. Emerging Markets
• 8. Global
• 9. Other

Question S8 — Strategy Description

Describe this strategy

(objectives, inputs, analysis, portfolio construction, controls)

Question S9 — Risks

Describe the risks associated with this strategy

Question S10 — Assets

List the asset classes included and excluded in the strategy

Traded assets / asset classes

Entered in the online questionnaire

Excluded assets / asset classes

Entered in the online questionnaire

Question S11 — General Strategy questions

Name your providers

Strategy Inception date

(If the strategy has multiple tranche/class if multiple)

Minimum Investment

($)

Subscription Frequency

(Days)

Redemption Frequency

(Days)

Redemption Notice

(Days)

Management Fees

%

Performance Fees

%

Fee frequency

(Days, 30 / 90 / 360)

Uses benchmark

(Yes/No, Manager is trying to beat a benchmark)

Reference benchmark

Entered in the online questionnaire

Automatic unwind

Yes/No (strategy is automatically wound down below a certain drawdown

Automatic unwind drawdown

%

Has High Water mark

Fees are dependent on a high watermark

Uses leverage

(Yes/No)

Maximum leverage permitted

N x

Lock-up period

(Days, Initial period during which redemptions are not permitted)

Hurdle rate

(%, minimum return required before performance fees apply)

Claw back provision

(Yes / No, performance fees already paid are subject to repayment on subsequent losses)

Base currency

(e.g., USD, EUR, GBP)

Fund / strategy domicile

(e.g., Delaware LP, Cayman Islands, Irish UCITS, BVI)

Fund administrator

Name of the independent administrator responsible for NAV calculation and investor register

GIPS compliant

(Yes / No, performance record prepared in compliance with Global Investment Performance Standards)

Target annual return

(%, stated return objective, if any)

Target annual volatility

(%,stated volatility objective, if any)

ERISA eligible

(Yes / No / Unknown, fund accepts benefit plan investors without triggering plan asset rules)

UBTI generating

(Yes / No / Unknown, strategy generates unrelated business taxable income, relevant for US tax-exempt investors)

Indicative capacity

($, before strategy deteriorates, explain in the Strategy description)

Most Favored Nation Clause

(Yes/No)

Strategy is available in SMA

(Yes/No)

II.4 Investor Base Questions

These questions are asked once per strategy and provide allocators with portfolio-construction context. They also flag concentration risk from a single large investor - a structural vulnerability identified in the due-diligence literature as a common precursor to forced liquidation.

Question S12 — Current investor base

Number of current investors

(enter 0 if no external investors)

Largest single investor as % of AUM

(%) — concentration risk signal; flag if >25%

Question S13 — Availability to new investors

Is this strategy currently open to new investors?

(Select one)

• Open — actively accepting new subscriptions
• Soft-closed — accepting new investors only at manager discretion or from existing relationships
• Hard-closed — not accepting new investors
• Not applicable — no external investors

II.5 Valuation & Operational Structure Questions

Question S14 — NAV calculation

Who calculates this strategy's net asset value?

(Select one)

• An independent external administrator, fully separate from the investment manager
• The manager, independently reconciled against prime broker or custodian statements
• The manager, without external reconciliation
• Not applicable — strategy has no external investors and no formal NAV calculation

Question S15 — Illiquid / OTC position valuation

How are positions with no observable market price valued?

(Select one)

• Third-party pricing service (e.g., Bloomberg evaluated pricing, Markit, Refinitiv)
• Manager's own model (mark-to-model)
• Last observable market price (stale pricing)
• No such positions exist in this strategy

Question S16 — Side pockets

Does this strategy use side pockets for illiquid positions?

(Select one)

• Yes — illiquid positions may be segregated into side pockets with separate redemption terms
• No

Question S17 — Valuation frequency

At what frequency is the strategy's NAV formally calculated?

(Select one)

• Daily
• Weekly
• Monthly
• Other / not formally calculated

Question S18 — Administrator independence

Is the fund administrator the same legal entity as, or an affiliate of, the investment manager?

(Select one)

• No — the administrator is fully independent from the manager
• Yes — the administrator is the manager or an affiliated entity
• Not applicable — no external administrator is used

Question S19 — Related-party transactions

Does the fund have related-party transactions - arrangements where the fund transacts with entities affiliated with, owned by, or controlled by the manager or its principals?

(Select one)

• Yes — please describe in the strategy description field
• No

Question S20 — Operational independence

Does the fund have a Chief Compliance Officer or Chief Operating Officer independent from the portfolio management function?

(Select one)

• Yes — dedicated CCO and/or COO, separate from portfolio management
• Partial — compliance or operations role is shared with investment staff
• No — the CCO / COO role is performed by the portfolio manager or a PM affiliate

Question S21 — Redemption suspension history

Has this fund or strategy ever suspended redemptions, imposed gates, or restricted investor withdrawals?

(Select one)

• Yes — please describe circumstances and dates in the strategy description field
• No
• Not applicable — strategy has no external investors

II.6 Regulatory & Custody Questions

Question S22 — Manager custody of client assets

Does the manager or an affiliated entity have direct custody of client assets - i.e., does the manager hold client funds or securities directly, rather than through an independent custodian?

(Select one)

• No — all client assets are held by an independent custodian or prime broker
• Yes — the manager or an affiliated entity has direct custody of client assets
• Not applicable — strategy manages only firm or personal capital

Question S23 — Affiliated broker-dealer

Does the manager or any principal have an ownership interest in, or a compensation arrangement with, a broker-dealer through which client trades are executed?

(Select one)

• No
• Yes — please describe the arrangement and the broker-dealer's name in the strategy description field

Question S24 — Audit

Date of most recent independent audit

(Month / Year)

Has the fund changed external auditor in the past three years?

Yes / No / Not applicable

Question S25 — Direct custodian reporting

Do investors receive performance and holdings statements directly from the custodian or prime broker — independently of any report produced by the manager?

(Select one)

• Yes — investors receive statements directly and independently from the custodian
• No — investors receive manager-produced reports only
• Not applicable — strategy has no external investors