Pleiad Investment Advisors Limited

Pleiad Asia Onshore Feeder Fund

The feeder structure pools LP capital into a master fund domiciled elsewhere (likely offshore given 'Asia Onshore' positioning), allowing the manager to segregate investor classes while maintaining unified portfolio management—this is typical when a manager wants to serve both taxable and tax-exempt LPs or separate onshore Asian allocators from global capital under a single strategy.

Pleiad Japan Equity Master Fund

The amendment filing indicates this is either a revised offering terms submission or a restart of a prior closed raise; with no EDGAR history for this manager, this is likely a first-time fund registered with the SEC, and the 4-GP structure with three named individuals suggests either a partnership formation or a consolidation of decision-making across a newly formalized investment entity.

Pleiad Japan Equity Offshore Feeder Fund

The feeder structure pools capital into an unnamed master fund, a common architecture when managers seek to segregate LP bases by domicile or tax treatment; the offshore wrapper signals non-US LP preference, likely reflecting a base of Asian or European allocators seeking currency or regulatory advantages relative to a domestic parallel vehicle.