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Adviser Profile

Registration status Terminated
As of Date 01/19/2024
Adviser Type - Large advisory firm
Number of Employees 10
of those in investment advisory functions 3
AUM* 1,365,259,000
of that, discretionary 1,365,259,000
Private Fund GAV* 0 -100.00%
Avg Account Size 227,543,167
SMA’s No
Private Funds 0 3
Contact Info 312 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
3B 3B 2B 2B 1B 946M 473M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Brochure Summary

Overview

Castle Creek Arbitrage, LLC (d/b/a Castle Creek Strategies, LLC; “Castle Creek” or the “Firm”) is a limited liability company organized under the laws of the State of Delaware and maintains its principal place of business in Avon, Colorado. The Firm has been registered with the U.S. Securities and Exchange Commission (“SEC”) as an investment adviser since February of 2006. Mr. Allan Weine, founder of Castle Creek, majority owns and controls the Firm. Additionally, Mr. Peter Fletcher, portfolio manager of Castle Creek, is a non-controlling principal of the Firm. Castle Creek provides investment advisory services to several private investment funds that were organized by the Firm (the “Funds”). In managing the Funds, the Firm implements several strategies, including convertible arbitrage, relative value, capital structure arbitrage, special purpose acquisition vehicles (“SPACs”), other credit related strategies, and equity-option related strategies. Each strategy is more fully described in the relevant Fund’s offering documents. In addition, Castle Creek may provide investment advisory services to other clients that generally replicate the investment strategies used by the Funds, including pooled investment vehicles organized by unaffiliated third parties or separately
managed accounts (collectively, “Managed Accounts”, and together with the Funds, “Clients”). The Funds, and the shares and interests offered by the Funds, are not registered under applicable securities regulations, including the U.S. Securities Act of 1933, as amended or the Investment Company Act of 1940, as amended. Accordingly, interests or shares of the Funds are offered and sold exclusively to investors that satisfy eligibility and suitability requirements under rules applicable to private placement transactions or offshore transactions. The Firm’s advisory services are provided on a discretionary basis, which may be limited by conditions set forth in the governing documents for a Fund or may be imposed by a Managed Account in written investment guidelines or restrictions. As Castle Creek provides advisory services to the Funds, and not directly to any underlying investor as a result of investing in the Funds, the Firm does not take into consideration any specific investment condition requested by an investor in the Funds. Castle Creek does not manage any assets on a non-discretionary basis. As of December 31, 2022, Castle Creek managed (on a fully discretionary basis) approximately $1,365,259,000 of regulatory assets under management.