DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Whitehorse Capital Partners, L.P.

Former SEC-registered adviserDallas, TexasCRD 126528SEC 801-67111IAPD
Latest filing Mar 31, 2021
First filing on the tape Apr 2, 2012 · 13 filings
RAUM
$2,367
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$2,367 gross assets
History
13 filings and snapshots on the tape
RAUM$2,367 as of Mar 31, 2021
Apr 2, 2012$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2021
Apr 2, 20120 then
Employees (5.A)3 as of Mar 31, 2021
Apr 1, 201319 then
Private funds1 as of Mar 31, 2021
Apr 2, 20121 then
RAUM -99% over the last fiscal year-95% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2021; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$2,367derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-99%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Ownership
controlled by a public reporting companyderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2,367100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      6 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Whitehorse III, Ltd.no longer reportedSecuritized Asset Fund$2.0M0Apr 1, 2013
      Whitehorse II, Ltd.no longer reportedSecuritized Asset Fund$1.5M0Apr 1, 2013
      Whitehorse I, Ltd.no longer reportedSecuritized Asset Fund$250,6420Apr 1, 2013
      Whitehorse V, Ltd.no longer reportedSecuritized Asset Fund$214,3670Apr 1, 2013
      Whitehorse Credit Master Fund, LPno longer reportedHedge Fund$55,0002Apr 2, 2012
      Whitehorse IV, Ltd.Securitized Asset Fund$2,3670Apr 1, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • Demus James Carvell · Limited Partnercontrol
        since 07/2002 · owns 25% to 50%
      • Michael Ethan Underwood · Limited Partnercontrol
        since 07/2002 · owns 25% to 50%
      • Duff Jarred Worley · Chief Compliance Officercontrol
        since 07/2002 · owns 25% to 50%
      • Demus James Carvell · Membercontrol
        since 07/2002 · owns 25% to 50% of Whiterock Asset Advisors, LLC
      • Michael Ethan Underwood · Membercontrol
        since 07/2002 · owns 25% to 50% of Whiterock Asset Advisors, LLC
      • Duff Jarred Worley · Membercontrol
        since 07/2002 · owns 25% to 50% of Whiterock Asset Advisors, LLC
      Entity owners
      • Whiterock Asset Advisors, LLC · General Partner
        direct · owns less than 5%
      Related persons
      Schedule D 7.A
      • Bayside Capital, Inc.
        investment advisern
      • Bayside Opportunity Advisors, L.L.C.
        bankpooled vehicle sponsorn
      • H.I.G. Advantage Advisors, LLC
        pooled vehicle sponsorn
      • H.I.G. Advisors III, L.L.C.
        pooled vehicle sponsorn
      • H.I.G. Advisors IV, L.L.C.
        pooled vehicle sponsorn
      • H.I.G. Advisors V, L.L.C.
        pooled vehicle sponsorn
      • H.I.G. Advisors Vi, LLC
        pooled vehicle sponsorn
      • H.I.G. Advisors, L.L.C.
        pooled vehicle sponsorn
      • H.I.G. Associates III, L.P.
        pooled vehicle sponsorn
      • H.I.G. Bayside Advisors II, L.L.C.
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Advisors III (Europe-Euro), L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Advisors III (Europe-US$), L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Advisors IV, LLC
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Advisors Vi, LLC
        pooled vehicle sponsorn
      • H.I.G. Bayside Loan Advisors, LLC
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Opportunity Fund V (Europe-Euro), L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Bayside Loan Opportunity Fund V (Europe-US$), L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Biohealth Advisors III, LLC
        pooled vehicle sponsorn
      • H.I.G. Bioventures Advisors, LLC
        pooled vehicle sponsorn
      • H.I.G. Brazil & Latin America Advisors, L.P.
        pooled vehicle sponsorn
      • H.I.G. Capital - Tmrs Capella Sma Advisors, LLC
        pooled vehicle sponsorn
      • H.I.G. Capital - Virtus Sma Advisors, LLC
        pooled vehicle sponsorn
      • H.I.G. Capital, LLC
        investment adviseryRAUM $72B
      • H.I.G. Europe Advisors II, L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Europe Advisors III, L.P.
        pooled vehicle sponsorn
      • H.I.G. Europe Advisors, L.P.
        bankpooled vehicle sponsorn
      • H.I.G. Europe Middle Market Advisors-Ca, L.P.
        pooled vehicle sponsorn
      • H.I.G. Europe Middle Market Advisors, L.P.
        pooled vehicle sponsorn
      • H.I.G. Europe Realty Advisors II (US$), L.P.
        pooled vehicle sponsorn
      • H.I.G. Europe Realty Advisors II, L.P.
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $194,485 to $2,367
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $194,485 to $2,367
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $194,485 to $2,367
        Mar 30, 2020 to Mar 31, 2021
      • Other offices · 1 to 0
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $831,524 to $194,485
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $831,524 to $194,485
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $831,524 to $194,485
        Mar 29, 2019 to Mar 30, 2020
      • Accounts · 2 to 1
        Mar 30, 2018 to Mar 29, 2019
      • Pooled vehicle clients · 2 to 1
        Mar 30, 2018 to Mar 29, 2019
      • Private funds · 2 to 1
        Mar 30, 2018 to Mar 29, 2019
      • Discretionary RAUM · $15.4M to $831,524
        Mar 30, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $15.4M to $831,524
        Mar 30, 2018 to Mar 29, 2019
      • RAUM · $15.4M to $831,524
        Mar 30, 2018 to Mar 29, 2019
      • Advisory employees · 19 to 3
        Mar 30, 2017 to Mar 30, 2018
      • Charity clients · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • Corporate clients · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • HNW clients · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • Individual clients · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • Pension plan clients · unset to 0.0
        Mar 30, 2017 to Mar 30, 2018
      • Pooled vehicle clients · unset to 2.0
        Mar 30, 2017 to Mar 30, 2018
      • Employees · 23 to 3
        Mar 30, 2017 to Mar 30, 2018
      • Other offices · unset to 1.0
        Mar 30, 2017 to Mar 30, 2018
      • Discretionary RAUM · $127M to $15.4M
        Mar 30, 2017 to Mar 30, 2018
      • Pooled vehicle RAUM · unset to 15381936.0
        Mar 30, 2017 to Mar 30, 2018
      • RAUM · $127M to $15.4M
        Mar 30, 2017 to Mar 30, 2018
      • Accounts · 3 to 2
        Mar 30, 2016 to Mar 30, 2017
      • Advisory employees · 18 to 19
        Mar 30, 2016 to Mar 30, 2017
      • Employees · 22 to 23
        Mar 30, 2016 to Mar 30, 2017
      • Private funds · 3 to 2
        Mar 30, 2016 to Mar 30, 2017
      • Discretionary RAUM · $211M to $127M
        Mar 30, 2016 to Mar 30, 2017
      • RAUM · $211M to $127M
        Mar 30, 2016 to Mar 30, 2017
      • Accounts · 5 to 3
        Apr 1, 2015 to Mar 30, 2016
      • Advisory employees · 17 to 18
        Apr 1, 2015 to Mar 30, 2016
      • Assets in custody · 55946.0 to unset
        Apr 1, 2015 to Mar 30, 2016
      • Custody of client assets · true to false
        Apr 1, 2015 to Mar 30, 2016
      • Employees · 24 to 22
        Apr 1, 2015 to Mar 30, 2016
      • Private funds · 5 to 3
        Apr 1, 2015 to Mar 30, 2016
      • Discretionary RAUM · $399M to $211M
        Apr 1, 2015 to Mar 30, 2016
      • RAUM · $399M to $211M
        Apr 1, 2015 to Mar 30, 2016
      • Accounts · 6 to 5
        Mar 31, 2014 to Mar 31, 2015
      Signals
      1 dated events
      • Whitehorse Capital Partners, L.P. reported RAUM $15.4M, down 88% from $127.1M (2017-03-30 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026