Entropy Technologies, Lp
- Regulatory AUM
- $2.2B
- Discretionary
- $2.2B
- Clients
- 4
- Avg AUM / client
- $560M
- Accounts
- 4
- Employees
- 16
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $2.2B | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $638M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Entropy Master Fund, Lp master | Hedge Fund | Cayman Islands | $638M | 28 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Durkovic, Damir, Nmn | Chief Compliance Officer /Chief Operating Officer | Jul 2022 (4y) | Less than 5% | |
| Modi, Arjun, Rajan | Co Chief Investment Officer/Limited Partner | Jul 2022 (4y) | ≈ 0% – 3.75% via Entropy Technologies Gp, Llc | |
| Modi, Vikram, Rajan | Co Chief Investment Officer/Limited Partner | Jul 2022 (4y) | ≈ 0% – 3.75% via Entropy Technologies Gp, Llc | |
| Schwartzman, Matthew, Jesse | Chief Financial Officer | Sep 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Entropy Technologies Gp, Llc | General Partner | Jul 2022 | A | Less than 5% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Modi, Arjun, Rajan: 50% – 75% of Entropy Technologies Gp, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Modi, Vikram, Rajan: 50% – 75% of Entropy Technologies Gp, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $638M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Entropy Master Fund, Lp | Hedge Fund | $638M | $25.0M | 28 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/20/2026 | 1.23 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Performance-based fees
- • Other fees
- • REIMBURSEMENT OF EXPENSES
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Merrill Lynch $183M (19% of AUM) Aug 2023
- Goldman Sachs $120M (12% of AUM) Aug 2023
- J.P. Morgan $118M (12% of AUM) Aug 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 20, 2026.
View current Form ADV (SEC/IAPD) ↗