The firm's employee count minimally rose from 11 to 17. The firm's total AUM increased from $461.18 Million to $642.12 Million, a notable 39% jump. The total number of accounts also grew significantly, from 908 to 1,676.
The firm also revealed several modifications in its private funds:
Andina Private Credit Strategies, LP
- Gross Asset Value New: $41,538,436 | Old: $31,997,200
- Approximate number of beneficial owners: New: 49 | Old: 32
Andina Global Strategies Fund
- Gross Asset Value New: $39,053,264 | Old: $50,470,048
- Approximate number of beneficial owners: New: 23 | Old: 25
Andina Performex Series of Copperstone Multi-Series IDF LP
- Gross Asset Value New: $15,406,859 Old: $14,925,465
- General Partner, Manager, Trustee, or Directors:
New: Andina Capital Management; Copperstone Insurance Services
On June 16, 2022, the firm added the K Fund III, LP to their portfolio, with a current asset value of $5,616,000.
- Casey M Monsen and Kara L Monsen Revocable Trust as Partner
- Brett James Belliston transferred the CCO title to Paul Penny but remains as a managing partner
- RMB Ventures LLC as managing partner and Director of Business Development
- TDWellington, LLC as managing partner and CIO
- L3 Investments, LLC as owner