CUSTODIAN AGREEMENT
AMENDMENT
TO
This Amendment to Custodian Agreement (the “Amendment”) is made effective as of August 30, 2023 by and between THE ADVISORS’ INNER CIRCLE FUND III (the “Fund,” including on behalf of each of its separate series listed on Schedule I), a management investment company organized as a Delaware statutory trust and registered with the Commission under the Investment Company Act of 1940 (the 1940 Act), and BROWN BROTHERS XXXXXXXX & CO., a limited partnership formed under the laws of the State of New York (“BBH&Co.” or the“Custodian”).
Reference is made to the Custodian Agreement dated as of November 25, 2014, by and between the Fund and BBH&Co., as amended from time to time and as in effect on the date hereof (the “Agreement”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement.
WHEREAS, the Fund and BBH&Co. have agreed to make certain modifications to the terms of the Agreement as further detailed herein;
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree to amend the Agreement as follows:
| A. | Amendments to the Agreement |
| 1. | The Agreement is hereby amended by deleting Schedule I in its entirety and substituting in place thereof the updated Schedule I attached hereto, reflecting the addition of the ARGA Value Fund to the Agreement. |
| B. | Miscellaneous |
| 1. | This Amendment, together with the Agreement, constitutes the entire agreement of the parties with respect to its subject matter and supersedes all oral communications and prior writings with respect hereto. Except as specifically amended hereby, the Agreement remains unchanged, in full force and effect and binding on the parties in accordance with its terms. As amended hereby, all terms and provisions of the Agreement are hereby ratified and affirmed as of the date hereof and are hereby extended to give effect to the terms hereof. |
| 2. | This Amendment shall be governed and construed in accordance the governing law and jurisdiction provisions of the Agreement. |
| 3. | This Amendment may be executed in multiple original counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same Amendment. |
[Signature Page Follows]
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IN WITNESS WHEREOF, each of the parties has caused their duly authorized representatives to execute this Amendment to the Agreement, effective as of the first date written above.
BROWN BROTHERS XXXXXXXX & CO.
| By: | /s/ Xxxxxxxxx X. Xxxxxxxx |
|
| Name: | Xxxxxxxxx X. Xxxxxxxx | |
| Title: | Principal |
THE ADVISORS’ INNER CIRCLE FUND III
| By: | /s/ Xxxxx Xxxxxxxxx |
|
| Name: | Xxxxx Xxxxxxxxx | |
| Title: | Vice President & Secretary |
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SCHEDULE I TO
THE CUSTODIAN AGREEMENT BETWEEN THE ADVISORS' INNER CIRCLE FUND III AND BROWN BROTHERS XXXXXXXX & CO. DATED NOVEMBER 25, 2014
List of Funds as of August 30, 2023
Knights of Columbus Core Bond Fund
Knights of Columbus International Equity Fund
Knights of Columbus Large Cap Growth Fund
Knights of Columbus Large Cap Value Fund
Knights of Columbus Small Cap Fund
Knights of Columbus Limited Duration Fund
Knights of Columbus Real Estate Fund
Knights of Columbus Long/Short
Equity Fund
Knights of Columbus U.S. All Cap Index Fund
MetLife Multi-Sector Fixed Income Fund (f/k/a Xxxxx Circle Partners Multi-Sector Fund)
MetLife Core Plus Fund (f/k/a Xxxxx Circle Partners Core Plus Fund)
PineBridge Dynamic Asset Allocation Fund
FS Chiron Capital Allocation Fund
Redwheel Global Emerging Equity Fund
GQG Partners Emerging Markets Equity Fund
Ninety-One Global Franchise Fund
Penn Mutual AM Strategic Income Fund (f/k/a Penn Mutual AM Unconstrained Bond Fund)
GQG Partners U.S. Select Quality Equity Fund
KBI Global Investors Aquarius Fund
Ninety-One Emerging Markets Equity Fund
Mesirow Financial High Yield Fund
Mesirow Financial Small Cap Value Sustainability Fund
Mesirow Financial Enhanced Core Plus Fund
Xxxxxxxx Partners Small Cap Growth Fund
GQG Partners Global Quality Equity Fund
Penn Mutual AM 1847 Income Fund
CCT Thematic Equity Fund
First Foundation Fixed Income Fund
First Foundation Total Return Fund
SouthernSun Small Cap Fund
SouthernSun U.S. Equity Fund
ARGA Emerging Markets Value Fund
ARGA International Value Fund
ARGA Value Fund
Legal & General Long Duration U.S. Credit Fund
GQG Partners International Quality Dividend Income Fund
GQG Partners US Quality Dividend Income Fund
GQG Partners Global Quality Dividend Income Fund
Ninety One Global Environment Fund
Ninety One International Franchise Fund
FS Multi-Strategy Alternatives Fund
FS Managed Futures Fund
FS Chiron Real Development Fund (f/k/a FS Chiron Real Asset Fund)
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Legal & General Global Developed Equity Index Fund
Legal & General Cash Flow Matched Bond Fund
Legal & General U.S. Credit Fund
Legal & General Retirement Income 2040 Fund
Legal & General Long Life Fund
Legal & General Commodity Strategy Fund
Barrow Hanley Emerging Markets Value Fund
Barrow Hanley International Value Fund
Xxxxxx Xxxxxx Concentrated Emerging Markets ESG Opportunities Fund
Xxxxxx Xxxxxx Total Return Bond Fund
Barrow Hanley Credit Opportunities Fund
Barrow Hanley Floating Rate Fund
Barrow Hanley US Value Opportunities Fund
List of Funds Added by Xxxxxxx (and their respective Series)
As of August 30, 2023
| CFC Fund | Series of AIC III |
| Chiron Capital Allocation Fund Ltd. | FS Chiron Capital Allocation Fund |
| FS Alternatives Fund (Cayman) | FS Multi-Strategy Alternatives Fund |
| FS Managed Futures Fund (Cayman) | FS Managed Futures Fund |
| FS Real Asset Fund (Cayman) | FS Chiron Real Asset Fund |
| Legal & General Commodity Strategy Fund Offshore Ltd. | Legal & General Commodity Strategy Fund |
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