APIS Capital Advisors, LLC is an investment advisory firm that provides services to its sponsored private investment funds and a unit trust. The firm has been in business since March 2004, and its principal owners are Daniel Barker and Eric Almeraz, who each own 50% of the company.
The firm's investment objective is to seek consistent positive absolute returns by taking long and/or short positions in stocks that are undervalued or overvalued compared to their peers, with an emphasis on small and mid-capitalization equity securities, on a global basis.
Over the past year, APIS Capital Advisors, LLC has seen key changes to its AUM. According to the firm's Form ADV filings, the total AUM increased 30% from $399.39 Million to $522.26 million from April 2022 to April 2023. Additionally, the firm reported an increase in the number of accounts, from 6 to 9, and the employee count decreased from 9 to 8.
The firm disclosed several modifications to its 3 private funds:
APIS Capital, LP
- Gross Asset Value: New: $233,690,030 | Old: $219,706,430
- Approximate number of beneficial owners: New: 44 | Old: 40
APIS Global Deep Value, LP
- Gross Asset Value: New: $151,062,860 | Old: $159,603,950
- Approximate number of beneficial owners: New: 37 | Old: 36
APIS Global Discovery Fund, LP
- Gross Asset Value: New: $22,077,582 | Old: $20,084,810
- Approximate number of beneficial owners: New: 23 | Old: 21
The firm added a private fund, APIS Capital (QP), with a current gross asset value of $114.64 Million.