WOLF RIVER CAPITAL MANAGEMENT, LLC

Thesis

Wolf River Capital Management, LLC (WRCM) is a registered investment adviser founded in 2008 and based in Memphis, Tennessee. The firm specializes in distressed investments, particularly within structured finance and small to mid-cap financial institutions. WRCM's strategy involves identifying opportunities arising from credit market dislocations by combining proprietary credit and structure models with in-depth knowledge of the pooled trust preferred sector. Their objective is to achieve positive risk-adjusted returns through the purchase of trust preferred securities, subordinated debt, and equity securities issued by financial institutions. As of December 31, 2025, WRCM reported $328,657,040 in regulatory assets under management (AUM). The firm operates within the United States and focuses on opportunities in the secondary market or situations requiring financial restructuring, targeting small and mid-cap financial institutions.