> For the complete documentation index, see [llms.txt](https://docs.excellar.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.excellar.finance/how-does-it-work/entities.md).

# Entities

Excellar affiliate Delaware based limited partnership will act as a master fund. The Cayman Islands-based vehicle will serve as a feeder fund. The NJ based management company will be the investment adviser facilitating the purchases and sales of the underlying assets.