White Rock Capital

White Rock Capital Management, L.P. is a Texas limited partnership established in 1997, primarily managing two unregistered private funds and separately managed accounts. The firm has approximately $172,339,563 in assets under management as of March 2025, with broad investment discretion over fund assets. The minimum initial investment for funds and separately managed accounts is generally $5,000,000, but may be waived at the firm's discretion. Fees include a management fee between 0.25% and 0.50% for funds, and a performance fee of 20% for profits. The firm may engage in risky investment strategies such as investing in distressed securities and utilizing leverage. White Rock Capital Management, L.P. is a fiduciary, acting in the best interests of its clients. The firm has not been involved in any legal or disciplinary events. Soft dollars may be used for research services, and the firm has policies in place to prevent conflicts of interest related to personal trading. The firm provides regular reviews of client accounts and votes proxies in the best interests of clients. The brochure does not mention any financial industry activities or affiliations beyond the firm's core advisory business.