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White Wolf Capital Adopts the CFA Institute Asset Manager Code

White Wolf Capital has formally adopted The CFA Institute Asset Manager Code into the firm's investment practices and business operations. 

August 10, 2022 – White Wolf Capital Group, Inc. (“White Wolf”), a leading alternative investment manager specializing in alternative investments in North American lower-middle and middle market companies, today announced that it has formally adopted The CFA Institute Asset Manager Code into the firm’s investment practices and business operations. 

“Ethics are deeply embedded within White Wolf’s culture, playing an integral role in how we operate, and treat our employees, investors, and stakeholders,” said Founder and CEO of White Wolf, Elie P. Azar, CFA. “We view the CFA’s Asset Manager Code as a gold-standard guideline demonstrating our commitment to ethical behavior and the protection of investors’ interests”. 

As part of this effort, White Wolf Capital and its team members will: 

 Act in a professional and ethical manner always

 Act for the benefit of clients

 Act with independence and objectivity

 Act with skill, competence, and diligence

 Communicate with clients in a timely and accurate manner

 Uphold the applicable rules governing capital markets

About CFA Institute 

The CFA Institute Asset Manager Code™ outlines the ethical and professional responsibilities of firms (“Managers”) that manage assets on behalf of clients. By adopting and enforcing a code of conduct for their organizations, Managers demonstrate their commitment to ethical behavior and the protection of investors’ interests.

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economics grow. There are more than 190,000 CFA charter holders worldwide in more than 160 markets. CFA Institute has nine offices worldwide and 160 local societies. For more information, visit 

Important Notice

The CFA® and Chartered Financial Analyst® marks are registered trademarks of the CFA Institute.  Adopting the CFA Institute Asset Manager Code does not imply any endorsement from CFA Institute or that better returns will be achieved.

About White Wolf

White Wolf is a private investment firm that began operations in late 2011 and is focused on making direct and indirect investments in leading North American middle market companies.

White Wolf seeks private equity and private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense.

White Wolf also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million, with a focus on the lower-middle and middle-market.

White Wolf’s office locations include Miami, Chicago, Montreal, and New York City.

For further information, please visit

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