Sandalwood Securities, a New Jersey-based alterative investment manager and broker dealer, has announced that it has retained Fortis Prime Fund Solutions to provide administration servi
Sandalwood Securities, a New Jersey-based alterative investment manager and broker dealer, has announced that it has retained Fortis Prime Fund Solutions to provide administration services for several of its largest funds of hedge funds.
‘With the investment community seeking ever greater transparency, the need to work alongside a strong, third party Administrator became imperative to us,’ says Martin Gross, chief executive and founder of Sandalwood.
‘We are very pleased to add such a formidable name to our client roster,’ says Michael Secondo, director, sales and 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.’