The long-lived polygynandrous ladybird beetle Tenuisvalvae notata (Mulsant) found in Brazil was evaluated in the laboratory for the effects of multiple mating and aging on its reproductive performance. This species is native to South America and is an important predator of mealybugs. Specifically studied were partner choice, female reproductive success, adult longevity, male virility, and offspring development. Young (5–10 days old) and older virgin females (95–100 days old) were subjected to either a single mate or multiple mating with the same or different males of various mating status (virgin or previously mated once, twice, and thrice). Results revealed a preference in both genders to mate with previously known partners. Additionally, younger females had higher fecundity and greater longevity when mated only once in comparison to those mated multiple times. Fecundity, fertility, and offspring development were similar across the treatments regardless of the number of mating or male mating history. Fecundity and fertility decreased throughout the oviposition period regardless of mating treatment.