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): September 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

                           522 Fifth Avenue - 14th Floor

                               New York, NY 10036

              (Address and Zip Code of principal executive offices)

       Registrant's telephone number, including area code: (212) 296-1999

                                                           --------------

                                 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

September 1, 2010, the Fund issued 156.6998 Units in exchange for $215,000 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/ Walter Davis

              -----------------------

              Walter Davis

              President and Director

       By  /s/ Jennifer Magro

               ------------------------

               Jennifer Magro

               Chief Financial Officer and Director

Date: September 7, 2010

Ceres Managed Futures LLC

                                                                                 522 Fifth Avenue - 14th Floor

                                                                                      New York, NY 10036

September 7, 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) 296-1290.

Very truly yours,

/s/ Brian Centner

    -------------

    Brian Centner