Adviser Profile

As of Date:

03/27/2024

Adviser Type:

- Large advisory firm

Number of Employees:

of those in investment advisory functions:

Registration:

SEC, Approved, 10/1/1992

AUM:

744,249,913 -2.60%

of that, discretionary:

744,249,913 -2.60%

GAV:

658,983,460 -49.53%

Avg Account Size:

82,694,435 -2.60%

SMA’s:

Private Funds:

Contact Info

973 xxxxxxx

Websites :

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary

Non-discretionary

1B 1B 863M 690M 518M 345M 173M

2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Pie Radar GAV Count

Private Funds Structure

Fund Type	Count	GAV
Hedge Fund	1	$
Other Private Fund	9	$658,983,460

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FIDUCIARY TRUST INTERNATIONAL, LLC	24.6m	-	-	-	-	-	631.1m	655.7m	5.5b	8
SEGALL BRYANT & HAMILL, LLC	-	-	-	-	-	-	164.0m	164.0m	17.2b	7
GOLDMAN SACHS HEDGE FUND STRATEGIES LLC	620.8m	-	235.2m	-	-	-	10.6b	11.5b	11.3b	103
FIERA CAPITAL INC.	208.3m	-	-	-	-	-	2.6b	2.8b	21.4b	4
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Private Funds

GAV Count

Employees

Brochure Summary

Overview

Firm Overview Sandalwood Securities, Inc. (“Sandalwood”) is an investment adviser registered with the U.S. Securities and Exchange Commission (the “SEC”). Sandalwood was formed in May 1990 as a New Jersey corporation. Martin J. Gross is the President and controlling shareholder of Sandalwood. Types of Services Offered Sandalwood’s primary investment advisory activity is the provision of investment management services to various affiliated limited partnerships or limited liability companies (the “Partnerships”) as well as an offshore investment vehicle that serves in part as a feeder fund to each of the Partnerships (the “Offshore Fund” and together with the Partnerships, the “Funds”). The Funds operate as unregistered funds of funds. Pursuant to a management agreement (“MA”) with each individual fund, Sandalwood performs certain services, including: (i) providing advice in connection with the selection, monitoring, termination and replacement of portfolio managers and funds; (ii) communicating

with limited partners and prospective limited partners of the Fund, and preparing reports to limited partners; and (iii) performing such other duties as may be delegated from time to time by the Fund’s general partner. Sandalwood does not currently advise individual investors or managed accounts and does not expect to do so in the future. Sandalwood predominantly focuses upon multi-strategy credit, including distressed and long/short credit, event driven investing, and real estate credit related opportunities. As a result, Sandalwood has developed specialized insight into multi-strategy credit and event driven investing. Sandalwood’s experience managing funds of funds has yielded relationships with prime brokers, capital introduction groups, peer groups and seasoned hedge fund managers as well as experience in, and a repeatable process for, selecting managers. As of December 31, 2022, Sandalwood had $764,105,058 in discretionary assets under management and no non-discretionary assets under management.