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Adviser Profile

Registration status Terminated
As of Date 09/20/2024
Adviser Type - Large advisory firm
Number of Employees 10 -16.67%
of those in investment advisory functions 9 50.00%
AUM* 1,357,181,722 -20.27%
of that, discretionary 1,357,181,722 -20.27%
Private Fund GAV* 0 -100.00%
Avg Account Size 452,393,907 -20.27%
SMA’s No
Private Funds 0 3
Contact Info 646 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
4B 3B 3B 2B 2B 1B 550M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker000000000 Stock NameNone to Report $ Position$ % Position $ Change # Change

Brochure Summary

Overview

A. The Adviser is a Delaware limited partnership and has its principal place of business in Miami, Florida. The Adviser provides discretionary investment advisory services to various pooled investment vehicles operating as private funds (each a “Fund” and, collectively, the “Funds”). Interests in the Funds are offered to certain sophisticated, qualified investors, including: high net worth individuals, retirement plans, trusts, partnerships, corporations, or other businesses. The Adviser was formed in 2017 by Dario Villani, Kharen Musaelian, and Alexander Sokol (collectively, the “Founding Principals”, however when referring Dario Villani and Kharen Musaelian, the “Principals”). As limited partners of the Adviser, Dario Villani and Kharen Musaelian, are its principal owners. Dario Villani and Kharen Musaelian are also the principal owners of Duality Holdings LLC, which owns the Adviser’s general partner, Duality Advisors LLC, in its entirety. Through multiple investment strategies, the Adviser aims to achieve a high return-to-risk ratio by utilizing one or more sets of global financial assets to generate returns while maintaining specific levels of risk. B. The Adviser acts as an investment adviser to private funds, Duality Fermi Offshore Fund, Ltd., Duality Fermi Onshore Fund, LP, Duality Fermi Master Fund, LP (collectively, referred to as the “Funds”) and, separately managed account, Metropolis Cayman MAC Fund LP (“the SMA” or “separately managed
account”, and collectively with the Funds, referred to as the “Clients”), for sophisticated, qualified investors. Duality Fermi GP, LLC, the general partner of Duality Fermi Offshore Fund, Ltd., Duality Fermi Onshore Fund, LP, and Duality Fermi Master Fund, LP, is an affiliate of the Adviser (the “General Partner”). The Adviser pursues its investment strategy through managing the Funds. The Adviser provides investment advisory services to the Funds based on the investment objectives and strategies described in the Funds’ confidential explanatory memorandum and governing documents (collectively, the “Offering Documents”). The Fund’s investment objective, generally speaking, is to achieve capital appreciation through investments in (i) systematic strategies that invest in equity securities; (ii) systematic strategies that invest in foreign currencies; and (iii) systematic cross-assets strategies that trade equity securities, equity options, foreign currency spot, forward and option contracts and various types of derivatives and other instruments. C. The Adviser’s only clients are the Funds and the SMA. As such, the Adviser follows the investment strategy described in each Client’s Offering Documents. D. The Adviser does not participate in wrap fee programs. E. As of December 31, 2022, the Adviser manages approximately $1,702,231,364 in discretionary regulatory assets under management and $0 in non-discretionary regulatory assets under management.