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TACTICAL DIVERSIFIED FUTURES FUND L.P. FILES (8-K) Disclosing Termination of a Material Definitive Agreement, Other Events

July 3, 2014

Item 1.02. Termination of a Material Definitive Agreement.



Effective June 30, 2014, Ceres Managed Futures LLC (formerly Smith Barney Futures Management LLC), the general partner of the registrant (the "General Partner"), and the registrant terminated the management agreement dated February 5, 2003 (the "Drury Management Agreement"), with Drury Capital, Inc. ("Drury"), pursuant to which Drury managed the portion of the registrant's assets allocated to it. The General Partner and the registrant terminated the Drury Management Agreement because Drury is no longer trading on behalf of the registrant.

Item 8.01. Other Events.



Effective June 30, 2014, the General Partner terminated the management agreement dated as of April 30, 2007, as amended (the "Kaiser Management Agreement"), among Morgan Stanley Smith Barney Kaiser I, LLC (formerly Morgan Stanley Managed Futures Kaiser I, LLC) (the "Trading Company"), Kaiser Trading Group Pty. Ltd. (the "Kaiser") and the General Partner, pursuant to which Kaiser managed the portion of the Trading Company's (and, indirectly, the registrant's) assets allocated to it. The General Partner terminated the Kaiser Management Agreement because Kaiser is no longer trading on behalf of the Trading Company (and, indirectly, the registrant).

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Source: Edgar Glimpses


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