White Deer Management Llc
- Regulatory AUM
- $961M
- Discretionary
- $961M
- Clients
- 15
- Avg AUM / client
- $64.1M
- Accounts
- 15
- Employees
- 9
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 13 | $926M | 96.4% |
| Other | 2 | $34.6M | 3.6% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $1.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| White Deer Energy L.P. Iii | Private Equity Fund | Delaware | $553M | 60 |
| White Deer Energy L.P. Ii | Private Equity Fund | Cayman Islands | $337M | 106 |
| Wd Thunder Cv Lp | Private Equity Fund | Delaware | $168M | 15 |
| Wd Iii Nep Coinvest Lp | Private Equity Fund | Delaware | $59.8M | 4 |
| Wd Thunder Cv Parallel Lp | Private Equity Fund | Delaware | $55.4M | 7 |
| White Deer Energy Ind L.P. Ii | Private Equity Fund | Cayman Islands | $45.1M | 64 |
| White Deer Energy Te L.P. Ii | Private Equity Fund | Cayman Islands | $20.4M | 16 |
| Wd Thunder Cv Ind Lp | Private Equity Fund | Delaware | $15.2M | 25 |
| White Deer Energy Fi L.P. Ii | Private Equity Fund | Cayman Islands | $13.5M | 26 |
| Wde Torcsill Coinvest Llc | Private Equity Fund | Delaware | $7.3M | 4 |
| White Deer Fund I Liquidating Trust | Private Equity Fund | Delaware | $5.8M | 114 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Edelman, Thomas, Jeffery | Founding Partner | Jul 2009 (17y) | ≈ 7.5% – 25% via Edelman Business Ventures L.P. | |
| Guill, Ben, Allen | Founding Partner | Jul 2009 (17y) | ≈ 7.5% – 25% via Guill Business Ventures L.P. | |
| Meneely, James, Knox | Managing Partner | Jul 2009 (17y) | 25% – 50% | |
| Wolpert, Maria Christina, Nmn | Chief Compliance Officer | May 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Edelman Business Ventures L.P. | Member | Oct 2011 | A | 10% – 25% |
| Guill Business Ventures L.P. | Member | Oct 2011 | A | 10% – 25% |
| Guill Management Operations, Llc | General Partner | Oct 2011 | B | GP / trustee / elected manager of Guill Business Ventures L.P. (indirect) |
| Edelman Management Operations, Llc | General Partner | Oct 2011 | B | GP / trustee / elected manager of Edelman Business Ventures L.P. (indirect) |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Edelman, Thomas, Jeffery: 75% – 100% of Edelman Business Ventures L.P. × 10% – 25% direct ≈ 7.5% – 25% of the firm
- Guill, Ben, Allen: 75% – 100% of Guill Business Ventures L.P. × 10% – 25% direct ≈ 7.5% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (11, $1.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| White Deer Energy L.P. Iii | Private Equity Fund | $553M | $100K | 60 |
| White Deer Energy L.P. Ii | Private Equity Fund | $337M | $100K | 106 |
| Wd Thunder Cv Lp | Private Equity Fund | $168M | $100K | 15 |
| Wd Iii Nep Coinvest Lp | Private Equity Fund | $59.8M | $5.0M | 4 |
| Wd Thunder Cv Parallel Lp | Private Equity Fund | $55.4M | $100K | 7 |
| White Deer Energy Ind L.P. Ii | Private Equity Fund | $45.1M | $100K | 64 |
| White Deer Energy Te L.P. Ii | Private Equity Fund | $20.4M | $100K | 16 |
| Wd Thunder Cv Ind Lp | Private Equity Fund | $15.2M | $100K | 25 |
| White Deer Energy Fi L.P. Ii | Private Equity Fund | $13.5M | $100K | 26 |
| Wde Torcsill Coinvest Llc | Private Equity Fund | $7.3M | $400K | 4 |
| White Deer Fund I Liquidating Trust | Private Equity Fund | $5.8M | $100K | 114 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 3.57 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE ALLEGATIONS RELATED TO THE REGULATORY ACTION WERE THAT MR. EDELMAN, WHILE SUBJECT TO CERTAIN REPORTING OBLIGATIONS UNDER SECTION 13(D) AND SECTION 16(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND WHILE OWNER OF COMMON STOCK OF BIOFUEL ENERGY CORP. ("BIOFUEL"), VIOLATED SECTION 16(A) BY FAILING TO TIMELY FILE MULTIPLE REPORTS OF HOLDINGS AND TRANSACTIONS IN BIOFUEL'S SECURITIES AND VIOLATED SECTION 13(D) BY FAILING TO TIMELY FILE REQUIRED AMENDMENTS TO THE SCHEDULE 13D. Status: Final Sanction Detail: THE ACTION RESULTED IN A MONETARY FINE OF $64,125 FOR MR. EDELMAN, WHICH WAS PAID ON JUNE 20, 2014. Summary: THE ACTION WAS SETTLED AND BECAME FINAL ON SEPTEMBER 10, 2014.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Cadence Bank $57.5M (3% of AUM) Apr 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗