•  
• Tweet
•  
•  
•        Print
•  
•        Email
•  
•         Track Keywords

“With the investment community seeking ever greater transparency, the need to work alongside a strong, third party Administrator became imperative to us,” said Martin Gross, CEO and founder of Sandalwood.

Ken Chapple, Chief Financial officer of Sandalwood, affirmed Gross' view and stated that “We see Fortis Prime Fund Solutions and its long history and commitment to the fund of hedge fund community as a natural choice to support our funds".

“We are very pleased to add such a formidable name to our client roster,” said Michael Secondo, Director, Sales & Relationship Management for Prime Fund Solutions.

“Sandalwood’s history of strong performance, value and debt oriented investing and future growth potential make it exactly the type business we are looking to contract with today.”

Rhonda Eldridge, Regional Director of Sales & Relationship Management, embraces this new relationship and sees it as one which better aligns each company's focus, operations and skills to meet the changing demands of the industry and its investor base. "We are thrilled to be partnering with Sandalwood and believe our 40 year experience in the industry, qualified and committed staff and most important, our full service platform of custody, administration, banking and credit, are all well suited to help Sandalwood make this important transition. It's a powerful combination to offer such services under one roof",

Sandalwood Securities, Inc., is a registered investment advisor that has been managing hedge fund of funds since 1991. The firm manages over $1.2 billion and specializes in credit, distressed and event strategies. The firm’s clients consist of high net worth individuals and institutions, both domestic and offshore. Sandalwood manages a number of different funds in order to meet different risk and return objectives. For further information, please visit www.sandalwoodsecurities.com.