Privacy Policy

This privacy policy explains the manner in which the Adaptive Fund, LP and the General Partner, Adaptive Capital Management, LLC (collectively, the “Partnership”) collect, utilize and maintain nonpublic personal information about the Partnership’s investors, as required under recently enacted Federal legislation.  This privacy policy only applies to nonpublic information of investors who are individuals (not entities).

Collection of Investor Information

The Partnership collects personal information about its investors mainly through the following sources:

  • Subscription forms, investor questionnaires and other information provided by the investor in writing, in person, by telephone, electronically or by any other means. This information includes name, address, nationality, tax identification number, and financial and investment qualifications; and

  • Transactions within the Partnership, including account balances, investments and withdrawals.

Disclosure of Nonpublic Personal Information

The Partnership does not sell or rent investor information.  The Partnership does not disclose nonpublic personal information about its investors to nonaffiliated third parties or to affiliated entities, except as permitted by law.  For example, the Partnership may share nonpublic personal information in the following situations:

  • To service providers in connection with the administration and servicing of the Partnership, which may include attorneys, accountants, auditors and other professionals.  The Partnership may also share information in connection with the servicing or processing of Partnership transactions; 

  • To affiliated companies in order to provide you with ongoing personal advice and assistance with respect to the products and services you have purchased through the Partnership and to introduce you to other products and services that may be of value to you; 

  • To respond to a subpoena or court order, judicial process or regulatory authorities;

  • To protect against fraud, unauthorized transactions (such as money laundering), claims or other liabilities; and

  • Upon consent of an investor to release such information, including authorization to disclose such information to persons acting in 
    a fiduciary or representative capacity on behalf of the investor.

Protection of Investor Information 

The Partnership’s policy is to require that all employees, financial professionals and companies providing services on its behalf keep client information confidential.

The Partnership maintains safeguards that comply with federal standards to protect investor information.  The Partnership restricts access to the personal and account information of investors to those employees who need to know that information in the course of their job responsibilities.  Third parties with whom the Partnership shares investor information must agree to follow appropriate standards of security and confidentiality.  

The Partnership’s privacy policy applies to both current and former investors.  The Partnership may disclose nonpublic personal information about a former investor to the same extent as for a current investor.  

Changes to Privacy Policy 

The Partnership may make changes to its privacy policy in the future.  The Partnership will not make any change affecting you without first sending you a revised privacy policy describing the change.