9AT: WHIPPOORWILL ASSOCIATES INC

other names

WHIPPOORWILL ASSOCIATES INC

Adviser Profile

As of Date	03/17/2025
ADV Location	WHITE PLAINS, NY, United States
Adviser Type - Mid-sized advisory firm
Number of Employees	1
of those in investment advisory functions	1
Registration	SEC, Approved, 01/26/1993

AUM^*	44,929,988 -34%
of that, discretionary	44,929,988 -30%
Private Fund GAV^*	44,929,988
Avg Account Size	14,976,663 16%
SMA’s	Yes
Private Funds	3
Contact Info	914 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count3	GAV$44,929,988

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser ROG VI L.L.C.	Hedge Fund-	Liquidity Fund-	Private Equity Fund287.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV287.9m	AUM518.3m	#Funds12
Adviser ACE & COMPANY NEW YORK, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund52.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund13.9m	Total Private Fund GAV65.9m	AUM52.0m	#Funds7
Adviser UMB ASSET MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund47.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV47.5m	AUM47.5m	#Funds7
Adviser CHICAGO ATLANTIC BDC ADVISERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM309.6m	#Funds-
Adviser XTELLUS ADVISORS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM43.5m	#Funds-
Adviser WINGSPAN CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund71.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV71.4m	AUM114.9m	#Funds7
Adviser WARREN CAPITAL GROUP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM124.8m	#Funds-
Adviser MONACHIL CAPITAL PARTNERS LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund36.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV36.7m	AUM65.9m	#Funds5
Adviser TERRAMONT INFRASTRUCTURE MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund146.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV146.3m	AUM161.2m	#Funds10
Adviser NEWVEST MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund445.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV445.3m	AUM445.3m	#Funds17

Brochure Summary

Overview

Whippoorwill Associates, Inc., a Delaware corporation (“Whippoorwill”, the “firm”, or “we”), has been a distressed debt investment manager since its founding in December 1990. Whippoorwill is wholly-owned by Shelley F. Greenhaus, its sole Principal. Whippoorwill’s historical investment strategy consisted of invested primarily in the securities and obligations of companies that are experiencing operational and/or financial distress, anticipating a turnaround, or are undervalued due to discrete extraordinary events. We refer to such investments as “Distressed Investments” and to such companies as “Distressed Companies”. The underlying problems faced by Distressed Companies may include mismanagement, limited availability of or access to working capital, excessive leverage, operating difficulties or a combination of some or all of such factors and others. As a means of resolving at least certain of their underlying problems, many of the Distressed Companies in which we invest will be involved in, or contemplating, an attempt to restructure their balance sheets, either inside or outside

of bankruptcy proceedings. Several years ago, Whippoorwill informed its clients and investors in its managed private funds of its intention to commence winding up its business. Marketable positions were liquidated in an orderly manner and distributions were made to clients and investors. Only a few remaining illiquid positions remain in client portfolios, which in our private funds are “Designated Investments.” Accordingly, our advisory services are limited to and focused on winding out these Designated Investments in accordance with the stated objectives, limitations and restrictions set forth in the operative agreements of, and/or investment management agreements with, each of our clients. Investment Discretion We have sole discretion to determine investment acquisitions and dispositions consistent with the stated investment objectives and limitations of our clients. We do not participate in wrap fee programs. As of December 31, 2023, we provided discretionary asset management for approximately $67,800,504 of client assets.

WHIPPOORWILL ASSOCIATES INC

Adviser Profile

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

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Brochure Summary

Overview