Sandglass Capital Achieves Significant Investment Partnership
In a notable announcement, Moody Aldrich Partners (MAP), a prominent private investment firm, has pledged a remarkable US$300 million to funds managed by Sandglass Capital. This firm specializes in capitalizing on emerging market opportunities. Established in 1988, MAP stands as a fiduciary for distinguished families and institutions, recognized for its commitment to supporting specialist money managers renowned for their expertise and execution discipline.
Investment Focus of Sandglass Capital
Founded in 2013, Sandglass Capital has emerged as a key player in the investment world, focusing primarily on event-driven investments. These investments target opportunities in sovereign and corporate credit across varied regions, including Eastern Europe, Latin America, the Middle East, and South Asia. The firm has consistently demonstrated exceptional performance, being featured in the Global Investment Report's Top 50 Hedge Funds, and has notably outperformed the Barclay Hedge Emerging Market Index over the last five years, along with the S&P 500 during the same period.
Leadership's Insights on the Partnership
Genna Lozovsky, Co-Founder and Chief Investment Officer of Sandglass, expressed gratitude, stating, "We are thrilled to have been chosen by MAP, a savvy long-term investor whom we greatly respect. Their generous commitment empowers us to explore the plethora of opportunities within emerging markets in the years ahead." Similarly, Co-Founder Michelle Kelner highlighted the significance of this partnership, noting that it places Sandglass among a select group of firms that have received such backing from MAP in their extensive investment history.
Remarks from MAP Executives
Bill Moody, Executive Chairman and Co-CEO of MAP, shared his insights about the collaboration, stating, "Identifying untapped opportunities within emerging market sovereign and corporate sectors demands the sharp judgment and expertise we found distinctly represented in Sandglass Capital." Meanwhile, Eli Kent, Chief Investment Officer and Co-Executive Officer, emphasized the exceptional team Sandglass has assembled. He praised their remarkable understanding and capability to navigate restructurings, turnarounds, and other market challenges, coupled with their adeptness at collaborating with local decision-makers to minimize systemic risks—factors that solidified their investment decision.
About Moody Aldrich Partners (MAP)
MAP, based in Boston, operates as an SEC-registered investment advisor founded in 1988. Originally established as a private investment office for its founding partners, it is committed to preserving and growing their invested capital. The firm utilizes a highly selective approach to strategically pinpoint, invest in, and nurture unique, niche investment opportunities. MAP aims to partner with a variety of fund managers while leveraging its extensive network to facilitate investments alongside MAP partners.
About Sandglass Capital
As a global investment management firm, Sandglass Capital primarily focuses on emerging market distressed and stressed credit. Its investment strategy centers around event-driven opportunities in sovereign and corporate credit, specifically in contexts of restructurings, turnarounds, and market dislocations. With its foundation dating back to 2013, Sandglass administers a range of funds that invest in both public and private securities in companies and nations facing special situations, with attention given to regions like Latin America, Eastern Europe, the Middle East, and South Asia. The firm operates offices in key financial hubs including New York, London, and Dubai.
Frequently Asked Questions
What is the significance of the partnership between Sandglass and MAP?
The partnership enables Sandglass Capital to access a substantial capital commitment from MAP, enhancing its ability to invest in high-potential emerging markets.
When was Sandglass Capital founded?
Sandglass Capital was established in 2013, focusing on innovative investment strategies in emerging markets.
What makes Sandglass Capital stand out in the investment industry?
Sandglass Capital is recognized for its strong performance, consistently outpacing key indices with a focus on event-driven investment opportunities.
Who is behind Moody Aldrich Partners?
Moody Aldrich Partners, established in 1988, serves as a private investment office and is known for its meticulous investment strategies and long-term partnerships.
Where does Sandglass Capital operate?
Sandglass Capital has offices in major financial centers, including New York, London, and Dubai, facilitating its global investment strategies.
