United States · Investor

Whitebox Advisors

Last cheque observed Feb 2010. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

SeedSeries AHealth CareHealth Diagnostics

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque6088days00hrs00min00sec
Median round$7.0MRounds led0 of 2Sole investor1 rounds
Pitch Whitebox Advisors

Whitebox Advisors highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Debt and Venture: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $7.0M

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries A
Sectors
Health CareHealth Diagnostics
Based in
Minneapolis, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first2 appearances

  1. 2010

    1 round

  2. Feb
    SinoHubVenture · CN$4.6MWith 9 others
  3. 2007

    1 round

  4. Sept
    Delphax Technologies, Inc.Debt · US · Firms' own news pages$7.0MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration8 named

BGBrian Gerald LutzPartner, Head of Convertible ArbitrageiForm ADV
BJBrian Joseph LoftonChief Risk OfficeriForm ADV
JPJacob Paul MercerPartner, Head of Special Situations and RestructuringiForm ADV
LRLisa Raggi ConradGeneral Counsel and Chief Compliance OfficeriForm ADV
MBMuquarrab Bin KarimChief Operating Officer and Chief Financial OfficeriForm ADV
NANickolas Arthur StukasPartner, Head of Credit Relative ValueiForm ADV
PRPaul RoosPartner, Head of Structured CreditiForm ADV
RJRobert Jacob VogelPartner, Chief Investment OfficeriForm ADV

We also hold 7 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$16Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Whitebox Advisors LLC
SEC number
CRD 121995

Funds on its Form ADV

10 private funds, $9.4B in gross assets · filed Dec 2024

Hedge 6Securitised assets 4

  1. Whitebox Relative Value Partners, L.P.Hedge160 investors$3.6B
  2. Whitebox Multi-Strategy Partners, L.P.Hedge770 investors$3.5B
  3. Whitebox CLO III LTDSecuritised assets2 investors$423M
  4. Whitebox CLO IV LTD.Securitised assets2 investors$406M
  5. Whitebox CLO II LTDSecuritised assets2 investors$404M
  6. Whitebox CLO I LTDSecuritised assets2 investors$401M
  7. Pandora Select Partners, L.P.Hedge6 investors$339M
  8. Whitebox GT Fund, L.P.Hedge4 investors$278M
  9. Whitebox CAJA Blanca Fund, L.P.Hedge2 investors$70M
  10. Whitebox Institutional Partners, L.P.Hedge2 investors$4.4M

Quick answers about Whitebox Advisors

What does Whitebox Advisors invest in?

Whitebox Advisors invests most often at Debt and Venture (100% of the rounds on record), in sectors such as Health Care and Health Diagnostics.

How active is Whitebox Advisors?

2 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2010.

What has Whitebox Advisors invested in recently?

Its most recent investments on record: Delphax Technologies, Inc. (Debt, Sept 2007).

How big are Whitebox Advisors's cheques?

The median round it joins is $7.0M.

Is Whitebox Advisors investing now?

No investments in the last 12 months; the latest was in Feb 2010.

What kind of investor is Whitebox Advisors?

Whitebox Advisors is a VC firm based in Minneapolis, United States.

How much does Whitebox Advisors manage?

About $16B, as regulatory assets under management (Oct 2026).

When was Whitebox Advisors founded?

Whitebox Advisors was founded in 2000.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it