Winona Capital Management, Llc
- Regulatory AUM
- $256M
- Discretionary
- $256M
- Clients
- 7
- Avg AUM / client
- $36.5M
- Accounts
- 7
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Jun 18, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 7 | $256M | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $411M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Winona Capital Partners Ii, Lp | Private Equity Fund | Delaware | $176M | 89 |
| Wcp Ee Investor Llc | Private Equity Fund | Delaware | $172M | 10 |
| Winona R&G, Llc | Private Equity Fund | Delaware | $44.5M | 7 |
| Diono Extension, Llc | Private Equity Fund | Delaware | $11.1M | 55 |
| Ily Extension, Llc | Private Equity Fund | Delaware | $5.5M | 54 |
| Winona Capital Partners, Llc | Private Equity Fund | Delaware | $2.7M | 20 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Koldyke, Martin, Laird | Founder & Managing Director; Member | Aug 2006 (20y) | 50% – 75% | |
| Reese, Lucius, Everett | Founder & Managing Director | Aug 2006 (20y) | ≈ 12.5% – 37.5% via Wcm Incentive, Llc | |
| Kipp, Daniel, Jordan | Member | Sep 2011 (15y) | ≈ 12.5% – 37.5% via Wcm Incentive, Llc | |
| Barbara Jean Kelly | Trustee Of Lucius E. Reese Grantor Trust | Feb 2017 (10y) | 50% – 75% | |
| Sowers, Jason, Ferris | Chief Compliance Officer, Chief Financial Officer, Director | Jul 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lucius E. Reese Grantor Trust | Member | Jan 2007 | A | 50% – 75% |
| Wcm Incentive, Llc | Profit Participation Interest | Dec 2017 | A | 50% – 75% |
| Lnc Investment Co., Llc | Profit Participation Interest | Aug 2006 | A | 25% – 50% |
| Laird Norton Company | Member | Aug 2006 | B | ≈ 12.5% – 37.5% via Lnc Investment Co., Llc |
Estimated effective ownership (look-through of filed bands):
- Reese, Lucius, Everett: 25% – 50% of Wcm Incentive, Llc × 50% – 75% direct ≈ 12.5% – 37.5% of the firm
- Kipp, Daniel, Jordan: 25% – 50% of Wcm Incentive, Llc × 50% – 75% direct ≈ 12.5% – 37.5% of the firm
- Laird Norton Company: 50% – 75% of Lnc Investment Co., Llc × 25% – 50% direct ≈ 12.5% – 37.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (6, $411M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Winona Capital Partners Ii, Lp | Private Equity Fund | $176M | $1.0M | 89 |
| Wcp Ee Investor Llc | Private Equity Fund | $172M | $4.0M | 10 |
| Winona R&G, Llc | Private Equity Fund | $44.5M | $1.0M | 7 |
| Diono Extension, Llc | Private Equity Fund | $11.1M | $6.0K | 55 |
| Ily Extension, Llc | Private Equity Fund | $5.5M | $3.3K | 54 |
| Winona Capital Partners, Llc | Private Equity Fund | $2.7M | $2.0M | 20 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/18/2026 | 2.54 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • SEE SCHEDULE D - MISCELLANEOUS
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 18, 2026.
View current Form ADV (SEC/IAPD) ↗