Decision Notice - Cancellation of Mutual Fund Registration for Cayden Master Fund LP (2026-10-19)

Summary

This is a Decision Notice published by CIMA announcing that it has cancelled the mutual fund registration of Cayden Master Fund LP (Registration No. 1939372). The action follows a prior Warning Notice and relates to specific, prolonged breaches of the Mutual Funds Act by the Fund's operators.

• Breaches found: Failure to have accounts audited annually and to submit audited accounts to CIMA for financial years ending 31 December 2022, 2023, 2024 and 2025 (sections 8(1) and 8(2)); failure to pay prescribed additional fees for 2026 (section 9(3)).
• Action taken: CIMA cancelled the Fund's mutual fund registration under section 30(3)(a) of the Mutual Funds Act, citing the duration of non-compliance and the Fund's failure to remedy it.
• Effective date: The cancellation decision took effect on 07 October 2026.
• Right to challenge: The Fund (its operators) may challenge CIMA's decision before the Grand Court.

This notice is specific to Cayden Master Fund LP and its operators; it does not create new general obligations for other regulated mutual funds, but illustrates CIMA's enforcement approach to breaches of audit and fee-payment requirements under the Mutual Funds Act.

Applies to

mutual funds, operators of mutual funds

Deadlines

• 07 October 2026: Effective date of CIMA's decision to cancel the Fund's mutual fund registration