Overview
Whetstone is a registered investment adviser with the Securities and Exchange Commission
(CRD # 155414). WCA is based in and organized as a limited liability company under the
laws of the state of Kansas. David Atterbury founded WCA in 2010 and serves as the
President and Portfolio Manager of the firm. Mr. Atterbury is the majority owner of WCA and
has ultimate responsibility for the firm’s management, operations and investment decisions.
Whetstone provides discretionary investment advisory services to private investment
vehicles (commonly referred to as “hedge funds” or “private funds”). We currently serve as
investment manager to Whetstone Capital, LP (“Capital LP”),“Trading LP”, which refers to
Whetstone Capital Trading, LP, and Whetstone Digital Economy Fund, LP (“WDEF”)
(collectively, the “Fund”). Capital LP, Trading LP and WDEF are referred to collectively herein
as our “Clients”.
WCA provides investment advice to its Clients on a discretionary basis and in accordance
with the objectives and investment policies described in each Client’s respective offering
and/or governing documents. Clients may impose guidelines or restrictions relating to the
investments
made in their accounts. However, the individual needs of the investors or
limited partners (together “Fund Investors”) of each Client do not provide the basis of
investment decisions. Investment advice is provided directly to the Client and not tailored to
the individual Fund Investors.
The terms of the relationship we have with each Client and the terms each Client has with its
Fund Investors are set forth in the governing documents of each Client including, but not
limited to, the partnership agreement, investment management agreement and offering
documents. Those documents should be read in detail before making any investment
decisions.
WCA may implement investment strategies that utilize concentration, leverage, options,
swaps, other derivatives and other strategies that involve considerable risk. Clients and
Fund Investors should be prepared for the potential of significant losses and know that
there can be no guarantee that any investment strategy or objective will be achieved.
WCA does not participate in wrap fee arrangements.
As of 12/31/2023, WCA had regulatory assets under management of $296,800,000, all of
which was on a discretionary basis.