Medina Value Partners, LLC

Medina Value Partners, LLC is a registered investment adviser established in September 2010 and owned by Kristofer Medina. The firm offers investment advice on various U.S. and foreign products, managing private funds and institutional client accounts on a discretionary basis. The minimum initial investment for private fund investors is $250,000, while sub-advisory clients are required to invest at least $25,000,000. Management fees range from 1.5% - 2% of assets under management, with performance-based compensation ranging from 15 - 20%. Adviser does not participate in wrap fee programs. The firm's investment strategy focuses on deep-value, small to mid-cap equity securities, supplemented with arbitrage positions and short sales. Clients are subject to risks such as concentration, leverage, and highly volatile markets. Adviser exercises investment discretion in determining securities to buy or sell, brokers to use, and commission rates. The firm does not have any disciplinary items to report and maintains custody of client assets with qualified custodians. Adviser votes proxies in the best interests of clients and does not compensate solicitors for referrals. Clients receive regular account statements and reports. Medina Value Partners, LLC does not have financial conditions impairing its ability to meet commitments.