Amapa Capital Advisors is an NFA registered CTA founded in December 2014 by Denys Thorez, its sole principal. Mr. Thorez has been managing the Amapa Investment Fund since its inception in 2007. Prior to starting Amapa Capital Advisors, Mr. Thorez was a principal of AAA Capital Management, a $1 billion+ energy-focused CTA from 2002 until 2014 where he managed a portion of AAA’s AUM. AAA Capital Management was the CTA of the Amapa Investment Fund between 2007 and 2014. Mr. Thorez holds a BA in finance from University Paris-Dauphine and an MBA from Baruch College, NY. He is a CFA Charterholder and a member of the CFA Society of Houston.