Ceres Partners, LLC

Ceres Partners, LLC is an Indiana-based firm established in April 2009, specializing in providing investment advisory services to private funds and a separate pooled investment vehicle. The firm manages four private funds and a separate pooled investment vehicle, focusing on acquiring and leasing farmland in the United States. Ceres' investment strategy includes considerations such as cash flow, appreciation prospects, property condition, and location. The firm's services are managed on a discretionary basis, with regulatory assets under management totaling $1,764,679,001 as of December 31, 2024. Clients are responsible for investment-related expenses, and management fees are generally 1.00% of capital account balances exceeding $1 million and 2.00% for balances below $1 million. Performance-based compensation is typically 20% of net profits. Ceres' investment philosophy revolves around disciplined, research-intensive processes to achieve clients' objectives. The firm follows a Code of Ethics, maintains custody of client assets, and exercises investment discretion on behalf of clients. Ceres does not currently receive economic benefits from third parties and complies with regulatory requirements related to custody and financial reporting.