Leste USA, LLC, a Delaware limited liability firm set up in Miami, Florida in 2019, is now entirely under the ownership of Leste Holding, LLC. The latter is wholly owned by Emmanuel Rose Hermann. With its registration as a FINRA member broker-dealer, Leste USA manages portfolios within the Leste Group, exclusively for an investment vehicle that Hermann's family ultimately owns.
The company's advisory services currently focus on two strategies: Leste Global Investments and Leste Global Ventures. Leste Global Investments explores a range of liquid strategies, such as event-driven, corporate fundamentals, and credit trading, while Leste Global Ventures zeroes in on venture capital investments in privately held companies in the U.S. and Brazil.
Between March 2022 and June 2023, the company has shown growth as per its ADV filing. The total AUM grew from $5.9m to $172.4m. However, the total number of accounts was reduced to one, and the firm expanded its employee count from 10 to 14.
In leadership changes, Antonio Cesar Filpo assumed the roles of COO, Managing Partner, and CEO on June 16, 2023. On the same day, Joseph Elias Reigadas also stepped into his role as the CCO.
Additionally, Leste Holding, LLC was granted the position of direct owner on June 16, 2023, having been involved with the firm since June 30, 2015. Emmanuel Rose Hermann was also added as an indirect owner and member on the same day, after initially gaining his status on June 30, 2015.
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