UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): January 1, 2010

                          TIDEWATER FUTURES FUND L.P.
             (Exact name of registrant as specified in its charter)


   New York                  000-52604               13-3811113
- --------------          ------------------     ------------------
(State or other          (Commission File         (IRS Employer
jurisdiction of               Number)          Identification No.)
incorporation)


                        c/o Ceres Managed Futures LLC
                        55 East 59th Street - 10th Floor
                               New York, NY 10022
              (Address and Zip Code of principal executive offices)


       Registrant's telephone number, including area code: (212) 559-2011
                                                           --------------

                                 Not Applicable
          (Former name or former address, if changed since last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))





Item 3.02 Unregistered Sales of Equity Securities

     On January 1, 2010,  the Fund issued  24.5600 Units in exchange for $50,000
in a transaction that was not registered under the Act. The Units were issued in
reliance upon applicable  exemptions from registration under Section 4(2) of the
Act and Section 506 of Regulation D promulgated thereunder.






                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



       TIDEWATER FUTURES FUND L.P.

       By: Ceres Managed Futures LLC, General Partner



       By  /s/ Jerry Pascucci
               ---------------
               Jerry Pascucci
               President and Director


       By  /s/ Jennifer Magro
               ------------------------
               Jennifer Magro
               Chief Financial Officer and Director


Date: January 6, 2010






                           Ceres Managed Futures LLC
                        55 East 59th Street - 10th Floor
                               New York, NY 10022


January 6, 2010

VIA EDGAR

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

Re:      Tidewater Futures Fund L.P.
         Current Report on Form 8-K

Ladies and Gentlemen:

On behalf of Tidewater Futures Fund L.P. and pursuant to Rule 13a-11 promulgated
by the  Securities  and  Exchange  Commission  (the  "Commission"),  we transmit
herewith for filing with the  Commission  via EDGAR a Current Report on Form 8-K
pursuant to the  Securities  Exchange Act of 1934 and the rules and  regulations
thereunder.

Should  members of the  Commission's  staff have any  questions or comments with
respect to this filing, please contact the undersigned at (212) 559-5046.

Very truly yours,

/s/ Brian Centner
    -------------
    Brian Centner