Saluda Grade selects Socium as fund administrator 03 March 2020New Jersey Reporter: Maddie Saghir
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Saluda Grade, a boutique advisory firm in the private and alternative lending sector, has selected Socium Fund Services as its fund administrator for the Saluda Grade Income Fund.
The partnership will allow Saluda Grade to concentrate on its portfolio investment decisions.
According to Timothy Carr, COO and portfolio manager at Saluda Grade, Socium was selected due to its “extensive experience in fund administration in the alternative real estate lending sector”.
Meanwhile, Michael Von Bevern, CEO and co-founder of Socium, said: "Like Saluda Grade, our mission is to create bespoke relationships with our clients that allow them to leverage our expertise and infrastructure to effectively scale their business and allow them to focus on their core competency of generating alpha for their investors.”
Founded in 2019, Saluda Grade is a New York advisory and growth equity firm focused on the private and alternative lending sector and synergistic fintech companies.
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