THE PARTNERSHIP.
BCH TACTICAL, L.P. is a Delaware Limited Partnership.
GENERAL PARTNER.
BCH CAPITAL MANAGEMENT, LLC (the “General Partner”), an Illinois Limited Liability Company, is the sole General Partner of the Partnership. The General Partner is responsible for implementing the general investment objectives of the Partnership. The Limited Partners acknowledge and understand that the General Partner is not the investment advisor to any individual Limited Partner. The General Partner has delegated authority to its affiliate BCH CAPITAL ADVISORS, LLC to serve as the Investment Advisor for the Partnership.
INVESTMENT ADVISOR.
BCH WEALTH MANAGEMENT, LLC (the “Investment Advisor”),an Illinois Limited Liability Company, will act as the investment advisor of the Partnership and will manage the Partnership’s investment portfolio on a discretionary basis consistent with the objectives of the Partnership and will administer the affairs of the Partnership, coordinating and administering all financial activities, including preparation of tax returns, financial statements, and, to the extent deemed advisable or appropriate by the General Partner, special financial reports and statements to Limited Partners. The Limited Partners acknowledge and understand that the Investment Advisor is not the investment advisor to any individual Limited Partner. BCH CAPITAL ADVISORS, LLC is exempt from registration as an Illinois Investment Advisor pursuant to Ill. Admin. Code tit. 14, § 130.805(b) exempts from registration “any investment adviser or federal covered investment adviser who during the immediately preceding twelve consecutive months has not had more than five clients in Illinois. Under widely‑accepted principles of federal and state securities law, each fund is considered a client, not each investor.