WEDBUSH SECURITIES INC.

SAN FRANCISCO, Oregon, United States

Funds Served

104

Total GAV

$60B

Funds

Fund Name	Adviser	Type	GAV
CARTHAGE FUND I LP	CARTHAGE CAPITAL MANAGEMENT LLC	Hedge Fund	$25.7M
MPM BIOVENTURES GMBH & CO. PARALLEL - BETEILIGUNGS KG	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$24.6M
ATW GROWTH OPPORTUNITIES SPV LLC	ATW PARTNERS LLC	Private Equity Fund	$21.2M
PHASE3 MASTER FUND LLC	PHASE 3 CAPITAL MANAGEMENT LLC	Hedge Fund	$20.8M
PHASE3 MASTER FUND LLC	PHASE 3 CAPITAL MANAGEMENT LLC	Hedge Fund	$20.8M
MARITIME CAPITAL COMPOSITE LP	MARITIME CAPITAL LLC	Hedge Fund	$20M
JGB CAPITAL L.P.	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$18.9M
JGB CAPITAL L.P.	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$18.9M
JGB CAPITAL L.P.	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$18.9M
WEDBUSH ALPHA ONE ORBS T1, LLC	ALPHA ONE ASSET MANAGEMENT LLC	Private Equity Fund	$17M
WEDBUSH ALPHA ONE ORBS T1, LLC	ALPHA ONE ASSET MANAGEMENT LLC	Private Equity Fund	$17M
WEDBUSH ALPHA ONE ORBS T1, LLC	ALPHA ONE ASSET MANAGEMENT LLC	Private Equity Fund	$17M
MPM BIOVENTURES III GMBH & CO. BETEILIGUNGS KG	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$16.2M
MPM BIOVENTURES III, L.P.	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$13.2M
SHALE COMMUNITY BANFUND, LP	THREE RIVERS FUND ADVISORS, LLC	Hedge Fund	$12.5M
MPM BIOVENTURES IV GMBH & CO. BETEILIGUNGS KG	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$12M
FF ADVENTURES SPV XVIII LLC	ATW PARTNERS LLC	Private Equity Fund	$11.3M
JGB CAPITAL OFFSHORE LTD. - CLASS P	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$10.9M
JGB CAPITAL OFFSHORE LTD. - CLASS P	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$10.9M
JGB CAPITAL OFFSHORE LTD. - CLASS P	JGB CAPITAL MANAGEMENT L.P.	Hedge Fund	$10.9M
MPM BIOVENTURES IV STRATEGIC FUND, L.P.	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$10.5M
HILBERT 8 MULTI-STRATEGY I, LP	HILBERT 8, LLC	Hedge Fund	$9.5M
SABBY HEALTHCARE MASTER FUND, LTD.	SABBY MANAGEMENT, LLC	Hedge Fund	$9.4M
MPM BIOVENTURES STRATEGIC FUND, L.P.	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$8.9M
MPM BIOVENTURES II, L.P.	MPM ASSET MANAGEMENT LLC	Venture Capital Fund	$7.6M