9AT: ENTROPY TECHNOLOGIES, LP

other names

ENTROPY TECHNOLOGIES, LP

Adviser Profile

As of Date	03/28/2025
Registration	SEC, Approved, 04/14/2023
Other registrations (1)	SEC, 120-Day Approval, 04/14/2023
ADV Location	NEW YORK, NY, United States
Contact Info	646 xxxxxxx

AUM^*	2,221,556,762 97%
of that, discretionary	2,221,556,762 128%
Private Fund GAV^*	1,302,661,144
Avg Account Size	555,389,191 14%
SMA’s	No
Private Funds	3 2

Adviser Type

- Large advisory firm

Number of Employees 16 7%

of those in investment advisory functions 2

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

SEC Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$1,302,661,144

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser ATIKA CAPITAL MANAGEMENT, LLC	Hedge Fund933.8m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV933.8m	AUM933.8m	#Funds6
Adviser KCL CAPITAL, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM948.6m	#Funds-
Adviser RUSH ISLAND MANAGEMENT, LP	Hedge Fund1.6b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.6b	AUM2.0b	#Funds4
Adviser THE COURY FIRM	Hedge Fund72.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV72.7m	AUM1.2b	#Funds2
Adviser AIGEN INVESTMENT MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund4.9m	Total Private Fund GAV4.9m	AUM158.5m	#Funds1
Adviser NEWGEN ASSET MANAGEMENT LIMITED	Hedge Fund217.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV217.2m	AUM774.8m	#Funds1
Adviser SHAWSPRING PARTNERS, LLC	Hedge Fund701.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV701.2m	AUM939.8m	#Funds1
Adviser CAAS CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM971.0m	#Funds-
Adviser STYRAX CAPITAL LP	Hedge Fund1.2b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.2b	AUM1.8b	#Funds4
Adviser ATIVO CAPITAL MANAGEMENT, LLC	Hedge Fund43.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV43.5m	AUM999.9m	#Funds1

Brochure Summary

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.

ENTROPY TECHNOLOGIES, LP

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

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Brochure Summary

Overview