Come learn about the growth, opportunities, and pitfalls in the U.S. state-licensed cannabis market, a $30 billion revenue industry growing at 15% per annum. With more than $2 billion in closed loans to date, Chicago Atlantic is the largest lender to the U.S. cannabis industry. Based in Chicago and Miami, Chicago Atlantic has an 80+ person team and manages over $1.3 billion in investments.
Its open-ended fund, Chicago Atlantic Credit Opportunities, LLC, finances senior secured loans to established cannabis business operators. The fund has over $600 million in LP commitments from over 500 family offices, registered investment advisors, and institutional investors. It has delivered 3 percent distributions per quarter without a single exception and historical net annualized returns of 18 percent and has had no loss of principal since inception.
Light snacks and beverages will be available. for in-person attendees
Date: June 26, 2024 (Wednesday)
Time: 6:00pm-8:00pm (in-person)
6:30pm-7:30pm (webcast speaker portion)
Place: Base Cowork
1666 Avenida Juan Ponce de Leon
San Juan
Parking is available near the building
Cost: Members – in-person – $10
Non-Members – $20
Students – $5
Webcast - $10
For tickets:
Speaker’s Bio: Andreas Bodmeier, Ph.D.
Andreas has been working at the intersection of finance and analytics for over 15 years. Prior to founding Chicago Atlantic, Andreas co-founded a boutique technology and consulting firm focused on FX and commodity risk management for multi-national corporations, as well as advising on capital structure decisions and investor relations. He was also a co-founder of an SEC-registered online investment adviser for 401(k) or 403(b) retirement accounts. As Chief Investment Officer and Chief Compliance Officer, Andreas built the firm’s investment methodology and compliance program. Andreas has also served as a consultant for hedge funds, proprietary trading firms, commercial and consumer lenders, and pharmaceutical companies. His academic research at The University of Chicago Booth School of Business focused on capital market anomalies, portfolio allocation, and risk management.
Ph.D. (Finance) and MBA, The University of Chicago Booth School of Business
MSc (Statistics), Humboldt University of Berlin
BSc (Mathematics), Freie University of Berlin
BSc (Physics), Freie University of Berlin
BSc (Business Economics), University of Hagen, Germany