Investment adviser · CRD 121995

WHITEBOX ADVISORS LLC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Mar 25, 2026

Regulatory AUM: $15.7B
Client accounts: 16
Employees: 67
Advisory professionals: 35

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	16	$15,739,556,705	100.0%

Filing source

Form ADV 2082398 · Mar 25, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

20 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

WHITEBOX RELATIVE VALUE PARTNERS, L.P.Hedge Fund · Last reported Mar 25, 2026$6.76BGross asset value

Feeder funds

Fund administrator HEDGESERV (CAYMAN) LIMITED GEORGE TOWN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG CHARTERED ACCOUNTANTS DUBLIN, Ireland

Custodian BNP PARIBAS SECURITIES CORP. NEW YORK, New York, United States Related to adviser: No

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States Related to adviser: No

Custodian PRINCIPAL BANK DES MOINES, Iowa, United States Related to adviser: No

Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MINNEAPOLIS, Minnesota, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer CONSTELLAR CAPITAL PARTNERS HONG KONG LIMITED HONG KONG, China Related to adviser: No

Marketer RAYMOND JAMES & ASSOCIATES, INC. ST. PETERSBURG, Florida, United States Related to adviser: No

Marketer REGISTER FINANCIAL ASSOCIATES, INC. ATLANTA, Georgia, United States Related to adviser: No

Prime broker BNP PARIBAS SECURITIES CORP. NEW YORK, New York, United States

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States

Prime broker UBS SECURITIES LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG CHARTERED ACCOUNTANTS
PCAOB 1411

BNP PARIBAS SECURITIES CORP.
SEC 8-32682

GOLDMAN SACHS & CO. LLC
SEC 8-129

J.P. MORGAN CLEARING CORP.
SEC 8-43724

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
SEC 8-33359

PRINCIPAL BANK
LEI 549300GJUS3RD4RG4D56

UBS SECURITIES LLC
SEC 8-22651

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

WELLS FARGO SECURITIES, LLC
SEC 8-65876

RAYMOND JAMES & ASSOCIATES, INC.
CRD 705 · SEC 801-10418

REGISTER FINANCIAL ASSOCIATES, INC.
CRD 30568 · SEC 8-45012

BNP PARIBAS SECURITIES CORP.
CRD 15794 · SEC 8-32682

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
CRD 16139 · SEC 8-33359

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-2985047095
Reported beneficial owners: 201
Minimum commitment: $5M
Form D file number: 021-130413
Form D file number: 021-130415

Form ADV 2082398 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WHITEBOX MULTI-STRATEGY PARTNERS, L.P.Hedge Fund · Last reported Mar 25, 2026$6.36BGross asset value