Attached files
Exhibit 10.7(b)
June 1, 2011
Capital Fund Management SA
6 Boulevard Haussmann
75009 Paris
Frances
Attention: Mr. Jacques Sauliere
Re: | Management Agreement Renewals |
Dear Mr. Sauliere:
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, 2012 and all other provisions of the Management Agreements will remain unchanged.
| Diversified Multi-Advisor Futures Fund L.P. II. |
| Tactical Diversified Futures Fund L.P. |
| CMF Capital Fund Management 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 212-296-6868. If you have any questions I can be reached at 212-296-1302.
Very truly yours,
CERES MANAGED FUTURES LLC
By: | /s/ Jennifer Magro | |
Jennifer Magro | ||
Chief Financial Officer & Director |
CAPITAL FUND MANAGEMENT SA
By: | /s/ Jacques Sauliere |
Print Name: | Jacques Sauliere |
JM/sr