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Sub Markets

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Alternative Assets  + Private Debt  + Private Equity  | 
Socium Partners with Hedgebay for Secondaries

Socium Partners with Hedgebay for Secondaries

Socium Fund Services has partnered with Hedgebay Securities to offer secondary market liquidity solutions for fund managers.

Socium, a Suntera Global company specializing in private equity and private credit fund administrations, will provide clients access to a controlled, secure environment curated by general partners to allow investors to buy or sell their limited partners’ interests, the firm noted.

“Our commitment lies in empowering clients to navigate the evolving market with flexibility and sustainability. Recognizing the pivotal role liquidity plays in private fund investments, our collaboration with Hedgebay offers a compelling solution, enabling firms to optimize their investment strategies effectively,” said Jason Meklinsky, CRO at Socium Fund Services.

Founded in 1999, Hedgebay Securities helps match “sophisticated” buyers and sellers of hedge fund interests and other illiquid alternative investment assets. Fund of hedge funds, family offices, banks, pension funds, insurance companies, endowments, foundations and sovereign wealth funds use the platform.

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Socium Fund ServicesHedgebay Securities

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.