Saluda Grade, an Alternative Real Estate Advisory firm, Selects Socium Fund Services
Short Hills, NJ (March 2, 2020)— Socium Fund Services, a rapidly growing and industry-leading fund administrator focused on private equity, venture capital, real estate, and private debt funds, announced today that 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 LLC.
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. The firm consists of experienced mortgage professionals with 70+ years of mortgage and securitized products trading and investing on Wall Street.
“Saluda Grade selected Socium due to their extensive experience in fund administration in the alternative real estate lending sector,” said Timothy Carr, COO & Portfolio Manager at Saluda Grade. “By using Socium, we will be able to concentrate on our portfolio investment decisions, and when we have questions or concerns, we will have a knowledgeable and responsive partner.”
“Partnering with Tim and the team at Saluda Grade is a very exciting opportunity for Socium,” said Michael Von Bevern, CEO and co-founder of Socium. “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.”
About Socium Fund Services
Socium partners with private equity, venture capital, real estate, and private debt funds to provide fund administration solutions. By combining extensive industry expertise with advanced technology, Socium delivers highly customized services for clients. Socium helps firms achieve greater efficiency and compliance by creating a competitive advantage that supports fund performance. Partnership with Socium allows the fund manager to focus on their core competency of generating alpha. Learn how Inspired Partnership can work for you. Visit us at www.sociumllc.com.
Michael Von Bevern
CEO and Co-Founder
Socium Fund Services