Sands Brothers Asset Management has announced the launch of the Genesis Merchant Partners fund, which provides asset-based and secured loans to companies that are unable to obtain credit f
Sands Brothers Asset Management has announced the launch of the Genesis Merchant Partners fund, which provides asset-based and secured loans to companies that are unable to obtain credit from more traditional sources.
The fund aims to produce a premium to the asset-based loan market by providing strategic and opportunistic asset-based and secured financing to private or public companies in sectors that are underserved by traditional lenders. Companies selected have a very high probability of repayment and either collateral that is liquid or assets that can be monetised quickly in the event of default.
The focused nature of the investment mandate and secured loan structure stress capital preservation and long-term consistency while avoiding correlation to equities markets. Loans are made on a short-term basis, ranging from one to eighteen months, and the fund aims to reduce risk through diversification across a variety of sectors.
Sands Brothers, founded in 1999 by Martin and Steven Sands, provides investment management and advisory services to institutional and high net worth clients worldwide and manages various products using equity, venture, credit and other alternative investment strategies.
In addition to Genesis Merchant Partners, the firm currently provides investment advisory services to the Select Access Funds, a group of funds of hedge funds, the Venture Funds, a group of venture capital funds, and the LLC Companies, a series of limited liability companies formed for specific alternative investments.