other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 45 -2.17%
of those in investment advisory functions 22
Registration SEC, Approved, 8/9/2011
AUM* 7,990,052,758 -5.17%
of that, discretionary 7,990,052,758 -5.17%
Private Fund GAV* 7,990,052,758 -5.17%
Avg Account Size 2,663,350,919 -5.17%
SMA’s No
Private Funds 1
Contact Info 312 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
14B 12B 10B 8B 6B 4B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$7,990,052,758

Similar advisers

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 ZACKS INVESTMENT MANAGEMENT, INC. Hedge Fund12.1m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV12.1m AUM10.6b #Funds2
Adviser SONA ASSET MANAGEMENT (US) LLC Hedge Fund10.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV10.1b AUM12.8b #Funds2
Adviser COMPASS ROSE ASSET MANAGEMENT Hedge Fund12.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV12.0b AUM12.4b #Funds3
Adviser FREESTONE CAPITAL MANAGEMENT, LLC Hedge Fund1.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.4b AUM9.5b #Funds14
Adviser GREEN COURT CAPITAL MANAGEMENT LIMITED Hedge Fund2.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.0b AUM5.4b #Funds4
Adviser NEUBERGER BERMAN CANADA ULC Hedge Fund263.9m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV263.9m AUM11.2b #Funds1
Adviser PAAMCO PRISMA, LLC Hedge Fund6.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV6.0b AUM9.3b #Funds14
Adviser ONE WILLIAM STREET CAPITAL MANAGEMENT, LP. Hedge Fund9.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV9.1b AUM9.7b #Funds9
Adviser LOMBARD ODIER ASSET MANAGEMENT (USA) CORP Hedge Fund8.2b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV8.2b AUM8.3b #Funds15
Adviser TRUTINO CAPITAL MANAGEMENT, LLC Hedge Fund1.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.1b AUM8.5b #Funds1

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker01741RAK8 Stock NameATI INC $ Position$238,593,125 % Position3.00% $ Change8.00% # Change0.00%
Stck Ticker76954A103 Stock NameRIVIAN AUTOMOTIVE INC (PUT) $ Position$150,063,782 % Position2.00% $ Change53.00% # Change25.00%
Stck Ticker19260Q107 Stock NameCOINBASE GLOBAL INC (PUT) $ Position$205,784,980 % Position2.00% $ Change-16.00% # Change0.00%
Stck Ticker037833100 Stock NameAPPLE INC (PUT) $ Position$59,816,080 % Position1.00% $ Change54.00% # Change25.00%
Stck Ticker62914V106 Stock NameNIO INC (PUT) $ Position$47,831,680 % Position1.00% $ Change64.00% # Change77.00%
Stck Ticker83304A106 Stock NameSNAP INC (PUT) $ Position$65,765,634 % Position1.00% $ Change152.00% # Change74.00%
Stck Ticker92766K403 Stock NameVIRGIN GALACTIC HOLDINGS INC (PUT) $ Position$55,645,587 % Position1.00% $ Change # Change
Stck Ticker94419L101 Stock NameWAYFAIR INC (PUT) $ Position$53,162,386 % Position1.00% $ Change-22.00% # Change0.00%
Stck Ticker848574109 Stock NameSPIRIT AEROSYSTEMS HLDGS INC (PUT) $ Position$47,040,257 % Position1.00% $ Change-9.00% # Change0.00%
Stck TickerV7780T103 Stock NameROYAL CARIBBEAN GROUP (PUT) $ Position$96,566,751 % Position1.00% $ Change-5.00% # Change-17.00%

Brochure Summary

Overview

i) Firm Description Wolverine Asset Management, LLC (“WAM” or “us” or “we”) was formed in 2001 to provide discretionary investment management services to institutional clients using structural arbitrage and relative value strategies. The indirect principal owners of WAM are Christopher Gust and Robert Bellick. ii) Types of Advisory Services WAM offers investment advisory services to institutional clients, including pooled investment vehicles (e.g., hedge funds). WAM serves as the discretionary investment manager to the funds listed below and may, in the future, serve as the discretionary investment manager to additional pooled investment vehicles, accounts, and other arrangements with institutional clients (collectively, the “WAM Funds”). The WAM Funds are offered only to sophisticated institutional investors and qualified purchasers. The “WAM Funds” include:
• Wolverine Flagship Fund, LLC (U.S.-domiciled feeder fund);
• Wolverine Flagship Fund Limited (Cayman-domiciled feeder fund); and
• Wolverine Flagship Fund Trading
Limited (a Cayman-domiciled master fund) (“WFFTL”). The objective of the WAM Funds is to seek returns on capital through arbitrage and relative value strategies. See Item 8 for a more detailed explanation of the specific strategies the WAM Funds implemented. All investment and trading activity takes place at the WFFTL level for the WAM Funds. The general purpose of the U.S.-domiciled feeder fund is to accept investments from U.S. taxable investors, and the general purpose of the Cayman-domiciled feeder fund is to accept investments from U.S. tax-exempt investors and non-U.S. investors. Transactions WAM entered on behalf of WFFTL are outlined in the confidential information memorandum or any other written agreement between WAM and the WAM Funds. Transactions WAM entered on behalf of the WAM Funds are not based on the individual needs of investors in the WAM Funds. iii) Management of Client Assets As of December 31, 2023, WAM managed approximately $3,937,184,721 in client assets on a discretionary basis on behalf of the WAM Funds.