Moody Aldrich Partners Backs Sandglass Capital with $300 Million Investment Commitment

In a significant move within the investment landscape, Moody Aldrich Partners (MAP), a reputable private investment firm out of Boston, has committed an impressive $300 million to funds managed by Sandglass Capital. This decision marks a strategic partnership aimed at leveraging emerging market opportunities over the coming years.

Founded in 1988, MAP serves high-caliber clients, including discreet families and institutions, all the while forging a legacy of backing expert managers known for their disciplined skill set. This relationship underscores MAP’s commitment to identifying and cultivating unique investment avenues that yield substantial returns.

On the other hand, Sandglass Capital, established in 2013, has gained recognition as a leading investment firm focusing on event-driven strategies in sovereign and corporate credit primarily across Eastern Europe, Latin America, the Middle East, and South Asia. With a commendable track record, Sandglass Capital has consistently outperformed benchmark indices like the Barclay Hedge Emerging Market Index and the S&P 500 over the past five years, a feat no small feat in today’s volatile market environments.

Genna Lozovsky, Co-Founder and Chief Investment Officer of Sandglass Capital, expressed gratitude at the announcement, saying, “We are honored to have been selected by MAP, an astute long-term investor whom we deeply respect. Their commitment enables us to take advantage of the wide range of opportunities in emerging markets in the coming years.” This partnership is particularly noteworthy as it places Sandglass Capital on a select list of firms that have received MAP’s backing during its 37 years of operation.

Michelle Kelner, also a co-founder of Sandglass, adds, “The commitment from MAP not only highlights our capabilities but also strengthens our operational capacity in the emerging markets sector.” This partnership is expected to foster a collaborative environment where both firms can explore significant investment opportunities, solidifying their respective positions in the market.

Bill Moody, Executive Chairman and Co-CEO of MAP, remarked on the challenges that come with identifying undervalued opportunities in emerging markets. “Uncovering overlooked emerging markets sovereign and corporate opportunities requires acumen, judgment, and expertise. We found this most evident in Sandglass Capital,” he said.

Echoing this sentiment, MAP’s Chief Investment Officer, Eli Kent, emphasized Sandglass’s impressive team and strategic insight. He remarked, “Sandglass has built an exceptional team. Their acute understanding of market dynamics and their ability to engage with local decision-makers to mitigate systemic risks were just some of the many factors that inspired our conviction to invest.”

This sizeable investment from MAP is poised to elevate Sandglass’s investment strategies, allowing for more robust engagement with emerging markets—a sector teeming with potential yet fraught with challenges. Given the global economic climate, characterized by constant shifts and uncertainties, having MAP's support may provide Sandglass with the necessary leverage to navigate these waters effectively.

In summary, the partnership between Moody Aldrich Partners and Sandglass Capital represents a forward-thinking approach to investment within underexplored markets, promising a plethora of opportunities and mutual growth in the years ahead. As both firms embark on this journey together, the financial community will undoubtedly watch closely to see how this partnership unfolds and influences the investment landscape.