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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  Schedule 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                              TechTeam Global, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    878311109
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2005
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

|_|  Rule 13d-1(b)

|X|  Rule 13d-1(c)

|_|  Rule 13d-1(d)

----------
      *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

      The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).


                                       1


-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 2 of 10 Pages
-------------------                                           ------------------

================================================================================

    1      NAMES OF REPORTING PERSONS
           Wesley Capital Management, LLC (f/k/a AW Asset Management, L.L.C.)
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):

           52-2280947
--------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                   (a) |_|

                                                                   (b) |_|
--------------------------------------------------------------------------------
    3      SEC USE ONLY

--------------------------------------------------------------------------------
    4      CITIZENSHIP OR PLACE OF ORGANIZATION

                    Delaware
--------------------------------------------------------------------------------
             NUMBER OF                   5     SOLE VOTING POWER

              SHARES

           BENEFICIALLY                             -0-

             OWNED BY
                                         ---------------------------------------
               EACH                      6     SHARED VOTING POWER

             REPORTING

              PERSON                                -0- (See Item 4)

               WITH                      ---------------------------------------
                                         7     SOLE DISPOSITIVE POWER

                                                    -0-
                                         ---------------------------------------
                                         8     SHARED DISPOSITIVE POWER

                                                    -0- (See Item 4)
--------------------------------------------------------------------------------
    9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    -0- (See Item 4)
--------------------------------------------------------------------------------
    10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                             |_|
--------------------------------------------------------------------------------
    11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                    0%
--------------------------------------------------------------------------------
    12     TYPE OF REPORTING PERSON*

                    OO
================================================================================

* SEE INSTRUCTIONS BEFORE FILLING OUT.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 3 of 10 Pages
-------------------                                           ------------------

================================================================================

    1      NAMES OF REPORTING PERSONS
           Arthur Wrubel
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
--------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                   (a) |_|

                                                                   (b) |_|
--------------------------------------------------------------------------------
    3      SEC USE ONLY

--------------------------------------------------------------------------------
    4      CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States
--------------------------------------------------------------------------------
             NUMBER OF                   5     SOLE VOTING POWER

              SHARES

           BENEFICIALLY                             -0-

             OWNED BY
                                         ---------------------------------------
               EACH                      6     SHARED VOTING POWER

             REPORTING

              PERSON                                -0- (See Item 4)

               WITH                      ---------------------------------------
                                         7     SOLE DISPOSITIVE POWER

                                                    -0-
                                         ---------------------------------------
                                         8     SHARED DISPOSITIVE POWER

                                                    -0- (See Item 4)
--------------------------------------------------------------------------------
    9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    -0- (See Item 4)
--------------------------------------------------------------------------------
    10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                             |_|
--------------------------------------------------------------------------------
    11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                    0%
--------------------------------------------------------------------------------
    12     TYPE OF REPORTING PERSON*

                    IN
================================================================================

* SEE INSTRUCTIONS BEFORE FILLING OUT.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 4 of 10 Pages
-------------------                                           ------------------

================================================================================

    1      NAMES OF REPORTING PERSONS
           John Khoury
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):

           040-44-2202
--------------------------------------------------------------------------------
    2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                   (a) |_|

                                                                   (b) |_|
--------------------------------------------------------------------------------
    3      SEC USE ONLY

--------------------------------------------------------------------------------
    4      CITIZENSHIP OR PLACE OF ORGANIZATION

                    Canada
--------------------------------------------------------------------------------
             NUMBER OF                   5     SOLE VOTING POWER

              SHARES

           BENEFICIALLY                             -0-

             OWNED BY
                                         ---------------------------------------
               EACH                      6     SHARED VOTING POWER

             REPORTING

              PERSON                                -0- (See Item 4)

               WITH                      ---------------------------------------
                                         7     SOLE DISPOSITIVE POWER

                                                    -0-
                                         ---------------------------------------
                                         8     SHARED DISPOSITIVE POWER

                                                    -0- (See Item 4)
--------------------------------------------------------------------------------
    9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                    -0- (See Item 4)
--------------------------------------------------------------------------------
    10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                             |_|
--------------------------------------------------------------------------------
    11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                    0%
--------------------------------------------------------------------------------
    12     TYPE OF REPORTING PERSON*

                    IN
================================================================================

* SEE INSTRUCTIONS BEFORE FILLING OUT.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 5 of 10 Pages
-------------------                                           ------------------

Item 1

      (a)   Name of Issuer:

            The name of the issuer is TechTeam Global, Inc. (the "Company").

      (b)   Address of Issuer's Principal Executive Offices:

            The Company's principal executive office is located at 27335 W.
Eleven Mile, Southfield, MI 48034.

Item 2

      (a)   Name of Person Filing:

            This Amendment No. 2 to Schedule 13G is being jointly filed by
Wesley Capital Management LLC, a Delaware limited liability company (the
"Management Company"), Mr. Arthur Wrubel and Mr. John Khoury with respect to the
ownership of the shares of Common Stock of the Issuer by three hedge funds and
two managed accounts (collectively, the "Funds") for which the Management
Company serves investment manager or advisor.(1) Mr. Wrubel, Mr. Khoury and the
Management Company are referred to in this Schedule 13G/A as the "Reporting
Persons."

                  The Reporting Persons have entered into a Joint Filing
Agreement, dated February 13, 2006, a copy of which is filed with this Schedule
13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file
this statement jointly in accordance with the provisions of Rule 13d-1(k)(1)
under the Act.

      (b)   Address of Principal Business Office or, if none, Residence:

            The address of the principal business office of each of the
Reporting Persons is 535 Madison Avenue, 26th Floor, New York, NY 10022

(1)   The Management Company serves as investment manager or advisor to Wesley
      Capital L.P., a Delaware limited partnership, Wesley Capital Master Fund
      Limited, a Cayman Islands corporation, Wesley Capital QP, L.P., a Delaware
      limited partnership, and two managed accounts. Accordingly, the Management
      Company may be deemed to be the beneficial owner of the shares of Common
      Stock of the Issuer held by the Funds. Mr. Wrubel and Mr. Khoury are
      Managing Members of the Management Company, and together they control its
      business activities. Accordingly each of Mr. Wrubel and Mr. Khoury may be
      deemed to be the beneficial owner of the shares of Common Stock of the
      Issuer held by the Funds. The Management Company, Mr. Wrubel and Mr.
      Khoury each disclaim beneficial ownership of the shares of Common Stock of
      the Issuer held by the Funds, except to the extent of any pecuniary
      interest, and this report shall not be deemed to be an admission that they
      are the beneficial owners of such securities.


                                       5



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 6 of 10 Pages
-------------------                                           ------------------

      (c)   Citizenship:

            The Management Company is organized as a limited liability company
under the laws of the State of Delaware. Mr. Wrubel is a United States citizen.
Mr. Khoury is a Canadian citizen.

      (d)   Title of Class of Securities:

            Common Stock, par value $0.01 per share.

      (e)   CUSIP No.:

            878311109

Item 3      If this statement is file pursuant to Rules 13d-1(b), or
            13d-2(b),check whether the person filing is a:

            Not Applicable.

Item 4      Ownership:

            A.    Wesley Capital Management, LLC (f/k/a AW Asset Management,
                  L.L.C.) (2)

                  (a)   Amount beneficially owned: -0-

                  (b)   Percent of class: 0%

                  (c)   Number of shares as to which such person has:

                        (i)   Sole power to vote or direct the vote: -0-

                        (ii)  Shared power to vote or direct the vote: -0-

                        (iii) Sole power to dispose or direct the disposition:
                              -0-

                        (iv)  Shared power to dispose or direct the disposition:
                              -0-

            B.    Arthur Wrubel(2)

                  (a)   Amount beneficially owned: -0-

                  (b)   Percent of class: 0%

                  (c)   Number of shares as to which such person has:

(2)   See note 1.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 7 of 10 Pages
-------------------                                           ------------------

                        (i)   Sole power to vote or direct the vote: -0-

                        (ii)  Shared power to vote or direct the vote: -0-

                        (iii) Sole power to dispose or direct the disposition:
                              -0-

                        (iv)  Shared power to dispose or direct the disposition:
                              -0-

            C.    John Khoury(2)

                  (a)   Amount beneficially owned: -0-

                  (b)   Percent of class: 0%

                  (c)   Number of shares as to which such person has:

                        (i)   Sole power to vote or direct the vote: -0-

                        (ii)  Shared power to vote or direct the vote: -0-

                        (iii) Sole power to dispose or direct the disposition:
                              -0-

                        (iv)  Shared power to dispose or direct the disposition:
                              -0-

Item 5      Ownership of Five Percent or Less of a Class:

            If this statement is being filed to report the fact that as of the
date hereof each of the Reporting Persons has ceased to be the beneficial owner
of more than five percent of the class of securities, check the following [X].

Item 6      Ownership of More Than Five Percent on Behalf of Another Person:

            See response to Item 4.

Item 7      Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on By the Parent Holding Company:

            Not applicable.

Item 8      Identification and Classification of Members of the Group:

            Not applicable.

Item 9      Notice of Dissolution of Group:

            Not applicable.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 8 of 10 Pages
-------------------                                           ------------------

Item 10     Certification:

            By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as participant in any transaction having that purpose or effect.



-------------------                                           ------------------
CUSIP No. 878311109                   13G                     Page 9 of 10 Pages
-------------------                                           ------------------

                                    SIGNATURE

            After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.

Date: February 13, 2006

                                               Wesley Capital Management, LLC

                                               By: /s/ Arthur Wrubel
                                                   -----------------------------
                                                   Name: Arthur Wrubel
                                                   Its:  Managing Member

                                               Wesley Capital Management, LLC

                                               By: /s/ John Khoury
                                                   -----------------------------
                                                   Name: John Khoury
                                                   Its:  Managing Member

                                               /s/ Arthur Wrubel
                                               ---------------------------------
                                               Arthur Wrubel, individually

                                               /s/ John Khoury
                                               ---------------------------------
                                               John Khoury, individually



                                                                       Exhibit A

              AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree as follows:

      (i) Each of them is individually eligible to use the Schedule 13G to which
this Exhibit is attached, and such Schedule 13G is filed on behalf of each of
them; and

      (ii) Each of them is responsible for the timely filing of such Schedule
13G and any amendments thereto, and for the completeness and accuracy of the
information concerning such person contained therein; but none of them is
responsible for the completeness or accuracy of the information concerning the
other persons making the filing, unless such person knows or has reason to
believe that such information is inaccurate.

Date: February 13, 2006

                                               Wesley Capital Management, LLC

                                               By: /s/ Arthur Wrubel
                                                   -----------------------------
                                                   Name: Arthur Wrubel
                                                   Its:  Managing Member

                                               Wesley Capital Management, LLC

                                               By: /s/ John Khoury
                                                   -----------------------------
                                                   Name: John Khoury
                                                   Its:  Managing Member

                                               /s/ Arthur Wrubel
                                               ---------------------------------
                                               Arthur Wrubel, individually

                                               /s/ John Khoury
                                               ---------------------------------
                                               John Khoury, individually