**Exhibit 10.21**

**AMENDMENT NO. 1**

**TO**

**ORGANIZATION AGREEMENT**

**OF**

**WCM POOL LLC**

AMENDMENT NO. 1 (this“**Amendment**”) dated as of March 30, 2007, by and among DIVERSIFIED FUTURES FUND, L.P. (“**DFFLP**”), DIVERSIFIED FUTURES TRUST I (“**DFTI**”), KENMAR GLOBAL TRUST (“**KGT**”) and FUTURESSTRATEGIC TRUST (“**FST**”) to the Organization Agreement of WCM Pool LLC dated as of November 20, 2006 (the “**Agreement**”). 

**WHEREAS**, DFFLP, DFTI and KGT are the sole members of WCM Pool LLC (the “**Company**”), which was formed as a means of consolidating the commodity interest trading of DFFLP, DFTI and KGT; and

**WHEREAS**, FST is no longer engaged in the distribution of its units of beneficial interest (or equivalent common equity securities);and 

**WHEREAS,** FST will be managed pursuant to the Diversified Program of Winton Capital Management Limited, a United Kingdomcompany; and 

**WHEREAS,** FST desires to acquire a Voting Membership Interest in the Company and become a Voting Member of the Company;and 

**WHEREAS,** Preferred Investment Solutions Corp. (“**Preferred**”), a “commodity pool operator” registeredwith the Commodity Futures Trading Commission, is the sole managing owner and/or general partner of each of DFFLP, DFTI, KGT and FST and, pursuant to Section 18-407 of the Delaware Limited Liability Company Act, 6 Del. C. §18-101 etseq. (the “**Act**”), Preferred has been delegated administrative authority over the operations of the Company; and 

**NOW**, **THEREFORE**, in consideration of the premises and of the mutual promises and agreements made herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties heretohereby agree that the Agreement shall be amended as follows: 

1. Effective close of business on March 30, 2007 FST shall acquire aVoting Membership Interest in the Company and shall become a Voting Member of the Company. 

2. All other provisions of the Agreement shallremain in full force and effect. 

3. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LOCAL, INTERNAL LAWS OF THESTATE OF DELAWARE; PROVIDED, HOWEVER, THAT CAUSES OF ACTION FOR VIOLATION OF THE FEDERAL OR STATE SECURITIES LAWS SHALL NOT BE GOVERNED BY THIS SECTION. IN PARTICULAR, THIS AMENDMENT IS INTENDED TO COMPLY WITH THE REQUIREMENTS OF THE ACT AND THECERTIFICATE OF FORMATION OF THE COMPANY. IN THE EVENT OF A DIRECT CONFLICT BETWEEN THE PROVISIONS OF THIS AMENDMENT AND THE MANDATORY PROVISIONS OF THE ACT OR ANY PROVISION OF THE CERTIFICATE OF FORMATION, THE ACT AND THE CERTIFICATE OF FORMATION,IN THAT ORDER OF PRIORITY, WILL CONTROL. 

4. This Amendment may be executed in several counterparts, each of which will be deemed anoriginal but all of which will constitute one and the same. 

**[REMAINDER OF THE PAGE INTENTIONALLY LEFT BLANK]**

**IN WITNESS WHEREOF**, the parties hereto have executed this Agreement on the year and date firstabove written, to be effective on the date first above written. 

 
**DIVERSIFIED FUTURES FUND, LP**By: 
Preferred Investment Solutions Corp.,

itsGeneral Partner
 By: /s/ Esther E. Goodman  Name: Esther E. Goodman  Title: Senior Executive Vice President and   Chief Operating Officer**DIVERSIFIED FUTURES TRUST I**By: 
Preferred Investment Solutions Corp.,

its Managing Owner
  By: /s/ Esther E. Goodman  Name: Esther E. Goodman  Title: Senior Executive Vice President and   Chief Operating Officer**KENMAR GLOBAL TRUST**By: 
Preferred Investment Solutions Corp.,

its Managing Owner
  By: /s/ Esther E. Goodman  Name: Esther E. Goodman  Title: Senior Executive Vice President and   Chief Operating Officer**FUTURES STRATEGIC TRUST**By: 
Preferred Investment Solutions Corp.,

itsManaging Owner
 By: /s/ Esther E. Goodman  Name: Esther E. Goodman  Title: Senior Executive Vice President and   Chief Operating Officer