Overview
Entropy Technologies, LP (hereinafter “Entropy”, the “Adviser”, “we”, “us”, “our” or the
“Firm”) is organized as a Delaware limited partnership with a principal place of business in
New York, New York. The Firm uses a proprietary technical trading system that utilizes
mathematical models designed in an attempt to identify profitable trading opportunities in
various global futures contracts, foreign exchange instruments and securities markets.
Generally, Entropy provides investment advisory services to privately offered investment
funds which invest in a combination of short- and medium-term quantitative trading
strategies across global futures, foreign exchange and securities markets.
We serve as the Investment Adviser, with discretionary trading authority, to: private, pooled
investment vehicles (each a “Fund” and collectively the “Funds”) and a separately managed
account (the “SMA”).
Entropy provides discretionary investment management services to qualified investors
through its private investment funds:
• Entropy Offshore Fund, Ltd, a Cayman Islands exempted company (the “Offshore
Fund”);
• Entropy Onshore Fund, LP a Delaware limited partnership (the “Onshore Fund”); and
• Entropy Master Fund, LP, a Cayman Islands exempted limited partnership (the
“Master Fund”).
The Master Fund, the Onshore Fund and the Offshore Fund
are herein each referred to as a
“Fund” or “Client”, and collectively referred to as the “Funds” or the “Clients”.
The Onshore Fund’s “Limited Partners” and the Offshore Fund’s “Shareholders” are hereafter
collectively referred to as the “Investors” where appropriate.
Our investment decisions and advice with respect to the Funds are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective “Offering Documents.” We
do not modify our recommendations to our clients according to the particular interests of the
underlying investors in the Feeder Funds, nor do we allow these investors to place restrictions
on the trading we conduct for our clients.
In accordance with the terms of our investment management agreement with the SMA (the
“IMA”), Entropy has discretionary trading authority for the SMA, subject to compliance with
the investment guidelines, restrictions and other parameters set forth in the SMA IMA.
If Entropy manages additional SMAs in the future, such accounts will be subject to the
investment objectives, guidelines and restrictions, fee arrangements and other terms
individually negotiated with such Clients.
We do not currently participate in any Wrap Fee Programs.
As of December 31, 2023, the Firm has regulatory assets under management of
$1,129,061,803 which is managed on a discretionary basis.