#USA #Boston #Investment Firm #Moody Aldrich #Sandglass Capital

Moody Aldrich Partners' Strategic Investment

Moody Aldrich Partners (MAP), a prominent private investment firm located in Boston, has announced its commitment of US $300 million towards funds managed by Sandglass Capital, an investment entity specializing in emerging market special opportunities. This substantial commitment positions Sandglass to leverage a myriad of investment prospects in highly untapped regions.

Founded in 1988, MAP has earned a reputable standing as a fiduciary to discerning families and institutions, focusing on high-caliber, specialist managers who demonstrate excellence in execution and investment strategy. This new partnership marks a pivotal moment for Sandglass Capital, which has captured significant attention since its inception in 2013.

Sandglass Capital has firmly established its niche within the financial landscape by concentrating on event-driven investments, specifically in sovereign and corporate credit and equity opportunities across Eastern Europe, Latin America, the Middle East, and South Asia. It has gained recognition as one of the top hedge funds in the Global Investment Report, outperforming both the Barclays Hedge Emerging Market Index and the S&P 500 over the past five years, achieving more than quadrupled returns.

Genna Lozovsky, co-founder and Chief Investment Officer of Sandglass, expressed gratitude for the confidence shown by MAP, stating, _"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."_

Michelle Kelner, also a co-founder of Sandglass, echoed similar sentiments, emphasizing the significance of MAP’s investment. She highlighted that this commitment places Sandglass on a distinguished shortlist of firms backed by MAP throughout its 37-year history, enhancing prospects for a mutually beneficial collaboration in the future.

The importance of the partnership was further underscored by Bill Moody, Executive Chairman and Co-CEO of MAP, who noted the essential expertise necessary for chronicling potential in overlooked emerging markets. He remarked that uncovering such investment opportunities requires acumen and judgment, which Sandglass Capital has thoroughly demonstrated.

Eli Kent, MAP's Chief Investment Officer and Co-CEO, corroborated Bill’s statement, praising Sandglass's exceptional team. He reiterated their acute understanding of restructuring, turnarounds, and navigating market dislocations effectively. Kent emphasized that such capabilities, along with engagement with local decision-makers and the ability to mitigate systemic risks, were key factors influencing MAP’s decision to invest in Sandglass.

About MAP and Sandglass Capital

MAP operates as a SEC-registered investment advisor and was initially created as a private investment office. Their core mission is to protect and grow their capital through a selective strategy that identifies unique investment opportunities. The firm is recognized for its strategic alignment and long-term partnerships, benefiting from manager returns while providing essential capital to invest alongside MAP partners.

In contrast, Sandglass Capital focuses on distressed and stressed credit across emerging markets. Its portfolio includes event-driven investments targeting sovereign and corporate credit, specifically in regions characterized by special situations. With a robust operating presence in New York, London, and Dubai, Sandglass is poised to capitalize on the myriad opportunities presented by its commitment from MAP.

Overall, this investment not only signifies a promising future for Sandglass Capital as it explores wider investment avenues but also reinforces MAP’s commitment to discovering lucrative opportunities in lesser-known emerging markets. The anticipated growth dynamics in the regions of focus provide a fertile ground for innovative investment strategies that could deliver remarkable returns for both parties involved.