Dipsea Capital, LLC

Dipsea Capital LLC is a SEC-registered investment adviser established in January 2002 by Christopher Antonio. The firm offers portfolio management services to private fund Dipsea Capital Fund LP and separately managed accounts. Dipsea Capital aims to make investment decisions in accordance with fiduciary duties, avoiding practices that advantage/disadvantage client portfolios. Clients can tailor account parameters and Dipsea Capital does not participate in wrap fee programs. As of December 31, 2024, the firm manages $103,005,793 in discretionary accounts. Fees include a 1.00% annual fee and a 20.00% performance fee based on capital appreciation. Clients are responsible for third-party fees, and fees are paid in arrears. Dipsea Capital may use short-term trading, short sales, margin transactions, and options trading, with risks including potential capital loss. The firm conducts periodic reviews of client accounts and provides monthly reports. Dipsea Capital exercises discretionary authority over client accounts and does not accept voting authority for client securities. The firm's Code of Ethics covers various areas, including prohibited activities and conflicts of interest. Dipsea Capital recommends Dash Prime LLC for brokerage services and does not accept compensation for client referrals.