Socium Fund Services has partnered with Hedgebay Securities to offer customisable secondary market liquidity solutions for fund managers.
Socium, a Suntera Global company specialising in private equity and private credit fund administrations, clients can access a controlled, secure environment curated by general partners to allow investors to buy or sell their limited partners’ interests seamlessly.
Jason Meklinsky, chief revenue officer at Socium Fund Services, says: "Our commitment lies in empowering clients to navigate the evolving market with flexibility and sustainability. Recognising the pivotal role liquidity plays in private fund investments, our collaboration with Hedgebay offers a compelling solution, enabling firms to optimise their investment strategies effectively."
Jared Herman, president of Hedgebay Securities adds: “Liquidity has long been a challenge for participants in the private markets, and now, through Socium’s initiative, their clients can access a marketplace with 24 years of experience, that provides multiple liquidity options, including financing for future fund commitments, asset sales or opportunistic purchases.”
