9AT: TORSHEN CAPITAL MANAGEMENT, LLC

Adviser Profile

As of Date	04/24/2024
Registration status	Terminated
ADV Location	CHICAGO, IL, United States
Contact Info	312 xxxxxxx
Websites

AUM^*	34,145,000 6%
of that, discretionary	34,145,000 6%
Number of Employees	3
of those in investment advisory functions	3
Private Fund GAV^*	0
Avg Account Size	6,829,000 6%
% High Net Worth	16.67%
SMA’s	Yes
Private Funds	0

Adviser Type

- Mid-sized advisory firm

Client Types

- High net worth individuals
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management

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 LANDSEER ADVISORS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM415.2m	#Funds-
Adviser WHITE OAK PARTNERS INVESTMENT ADVISOR, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund2.0b	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.0b	AUM1.8b	#Funds8
Adviser HIGHMARK CAPITAL MANAGEMENT, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM8.7b	#Funds-
Adviser WHITESTAR ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM454.5m	#Funds-
Adviser BAM CREDIT AND INSURANCE SOLUTIONS ADVISOR LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund844.7m	Venture Capital Fund-	Other Fund-	Total Private Fund GAV844.7m	AUM107.3b	#Funds1
Adviser SNOWCAP CAPITAL MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund4.3m	Total Private Fund GAV4.3m	AUM238.9m	#Funds1
Adviser GLADSTONE MANAGEMENT CORPORATION	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM4.8b	#Funds-
Adviser CENTRAL TRUST BANK	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM554.1m	#Funds-
Adviser JASPER RIDGE PARTNERS, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund11.1b	Total Private Fund GAV11.1b	AUM43.0b	#Funds17
Adviser PENTEGRA INVESTORS, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund4.1m	Total Private Fund GAV4.1m	AUM5.6b	#Funds1

Brochure Summary

Overview

Torshen Capital Management LLC (“Torshen Capital” or the “Firm”), an investment adviser with its principal place of business in Chicago, Illinois, was established in August 1998. Kay Torshen is the founder, Chief Executive Officer, and Managing Member of the Firm. Torshen Capital currently provides investment management services to individuals, high net worth individuals and trusts, each of which is beneficially owned by the principals or employees of the Firm or their respective family members (the “Affiliated Accounts”). Torshen Capital expects to provide investment advisory services on a discretionary basis to family offices, high net worth individuals and their families, foundations, endowments, institutional investors and other investors, through separately‐managed accounts (the “Accounts” and together with the Affiliated Accounts, the “Clients”). Although Torshen Capital invests the Affiliated Accounts in real estate, stocks, pooled investment vehicles managed by other investment advisers and a portion of the assets pursuant to the “Option Strategy,” Torshen Capital will invest the Accounts only pursuant to the “Option Strategy.” The Option Strategy is designed to generate risk‐adjusted returns by using a proprietary strategy developed by Torshen

Capital. The Option Strategy is currently limited to making investments only in long options and option spreads traded on the Chicago Board Options Exchange. Please see Item 8. Methods of Analysis, Investment Strategies and Risk of Loss for additional information on the Option Strategy. Torshen Capital expects to manage the Accounts by providing advice on investing in options in accordance with its Options Strategy. The Client opening the Account will retain custody of the Account and its underlying collateral. The Client will select the custodian and the broker. Torshen Capital will advise the Client’s broker to execute option trades in the Account in accordance with the separately managed account agreement between Torshen Capital and the Client (“Agreement”). Although Torshen Capital makes other investments on behalf of the Affiliated Accounts, Torshen Capital will not provide advice on other investments or otherwise tailor its advisory services for the Accounts or allow Clients opening an Account to impose restrictions on investing in certain securities or types of securities. Torshen Capital does not participate in wrap fee programs. As of 12/31/2022 Torshen Capital had approximately $34 million in Client assets under management, all of it discretionary.

TORSHEN CAPITAL MANAGEMENT, LLC

TORSHEN CAPITAL MANAGEMENT, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

Need help?

Send a question to 9AT support.

TORSHEN CAPITAL MANAGEMENT, LLC TORSHEN CAPITAL MANAGEMENT, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

TORSHEN CAPITAL MANAGEMENT, LLC

TORSHEN CAPITAL MANAGEMENT, LLC