EX-10.43






Exhibit 10.43




June 5, 2008




Campbell & Company, Inc.

Court Tower Building

210 West Pennsylvania Avenue

Suite 770

Towson, MD 21204




Attn: Ms. Terry Becks




                    Re:           Management Agreement Renewals



Dear Ms. Becks:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	Smith Barney Potomac Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P. II
	 
	 	•	 	Smith Barney Global Diversified Futures Fund L.P.
	 
	 	•	 	Salomon Smith Barney Diversified 2000 Futures Fund L.P.
	 
	 	•	 	CMF Campbell Master Fund L.P.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have
any questions I can be reached at 212-559-5046.



Very truly yours,



CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:
	 	/s/ Jennifer Magro 	 	 
	 

	 	 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 






CAMPBELL & COMPANY, INC.




	 	 	 	 	 
	By:
	 	/s/ Thomas P. Lloyd 	 	 
	 

	 	 

	 	 






	 	 	 	 	 
	Print Name:

	 	Thomas P. Lloyd 
 

	 	 






JM/sr




 









 






June 5, 2008




Willowbridge Associates Inc.

101 Morgan Lane — Suite 180

Plainsboro, N.J. 08536




Attention: Mr Steve R. Crane




                    Re:           Management Agreement Renewals



Dear Mr. Crane:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P. II
	 
	 	•	 	SSB Orion Futures Fund L.P.
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	CMF Institutional Futures Portfolio LP
	 
	 	•	 	CMF Willowbridge Argo Master Fund L.P.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have
any questions I can be reached at 212-559-5046.




Very truly yours,




CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:
	 	/s/ Jennifer Magro 	 	 
	 

	 	 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 






WILLOWBRIDGE ASOCIATES INC.




	 	 	 	 	 
	By:
	 	/s/ Steven Crane 	 	 
	 

	 	 

	 	 






	 	 	 	 	 
	Print Name:

	 	Steven Crane 
 

	 	 






JM/sr




 








 







June 5, 2008




Graham Capital Management, L.P.

Rock Ledge Financial Center

40 Highland Avenue

Rowayton, CT 06853




Attention: Mr. Paul Sedlack




                    Re:           Management Agreement Renewals



Dear Mr. Sedlack:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	Salomon Smith Barney Diversified 2000 Futures Fund L.P.
	 
	 	•	 	Salomon Smith Barney Fairfield Futures Fund L.P.
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P. II
	 
	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	AURORA III
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	Citigroup Fairfield Futures Fund L.P. II
	 
	 	•	 	CMF Graham Master Fund L.P.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have
any questions I can be reached at 212-559-5046.



Very truly yours,



CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:
	 	/s/ Jennifer Magro 	 	 
	 

	 	 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 






GRAHAM CAPITAL MANAGEMENT, L.P.




	 	 	 	 	 
	By:
	 	/s/ Paul Sedlack 	 	 
	 

	 	 

	 	 






	 	 	 	 	 
	Print Name:

	 	Paul Sedlack 
 

	 	 






JM/sr




 









 





June 5, 2008




Winton Capital Management

1a. St. Mary Abbot’s Place

Kensington, London W86LS,

U.K.




Attention: Mr. Martin Hunt




                         Re:                Management Agreement Renewals



Dear Mr. Hunt:



We are writing with respect to your management agreements concerning the commodity pools to which
reference is made below (the “Management Agreements”). We are extending the term of the Management
Agreements through June 30, 2009 and all other provisions of the Management Agreements will remain
unchanged.





	 	•	 	Smith Barney Diversified Futures Fund L.P.
	 
	 	•	 	SSB Orion Futures Fund L.P.
	 
	 	•	 	CMF Winton Feeder LP I
	 
	 	•	 	CMF Winton Master Fund L.P.
	 
	 	•	 	Citigroup Diversified Futures Fund L.P.
	 
	 	•	 	AURORA III
	 
	 	•	 	CMF Institutional Futures Portfolio LP
	 
	 	•	 	Citigroup Abingdon Futures Fund L.P.
	 
	 	•	 	Citigroup Global Futures Fund Ltd.




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have
any questions I can be reached at 212-559-5046.



Very truly yours,



CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:
	 	/s/ Jennifer Magro 	 	 
	 

	 	 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 






WINTON CAPITAL MANAGEMENT




	 	 	 	 	 
	By:
	 	/s/ Martin Hunt 	 	 
	 

	 	 

	 	 






	 	 	 	 	 
	Print Name:

	 	Martin Hunt 
 

	 	 
	JM/sr
	 	 	 	 






 








 




June 5, 2008




Eckhardt Trading Company

1314 North Dearborn Parkway

The Carriage House

Chicago, Illinois 60610




Attention: Ms. Audrey L. Gale




                    Re:           Management Agreement Renewal



Dear Ms. Gale:



We are writing with respect to your management agreement concerning the commodity pool to which
reference is made below (the “Management Agreement”). We are extending the term of the Management
Agreement through June 30, 2009 and all other provisions of the Management Agreement will remain
unchanged.





	 	•	 	Citibank NA (Alera 100)
	 
	 	•	 	CMF Eckhardt Master Fund L.P.
	 
	 	•	 	SSB Diversified 2000 Futures Fund L.P.
	 
	 	•	 	SB Diversified Futures Fund L.P.
	 
	 	•	 	SB Diversified Futures Fund L.P. II




Please acknowledge receipt of this modification by signing one copy of this letter and returning it
to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have
any questions I can be reached at 212-559-5046.



Very truly yours,



CITIGROUP MANAGED FUTURES LLC




	 	 	 	 	 
	By:
	 	/s/ Jennifer Magro 	 	 
	 

	 	 

Jennifer Magro
	 	 
	 

	 	Chief Financial Officer & Director	 	 






ECKHARDT TRADING COMPANY




	 	 	 	 	 
	By:
	 	/s/ John Forengo 	 	 
	 

	 	 

	 	 






	 	 	 	 	 
	Print Name:

	 	John Forengo 
 

	 	 






JM/sr