other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 4
of those in investment advisory functions 3 -25.00%
Registration SEC, Approved, 07/20/2018
Other registrations (3)
AUM* 261,322,973 1.38%
of that, discretionary 261,322,973 1.38%
Private Fund GAV* 261,322,973 147.73%
Avg Account Size 43,553,829 1.38%
SMA’s No
Private Funds 6
Contact Info 424 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
312M 267M 223M 178M 134M 89M 45M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count6 GAV$261,322,973

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser MBF HEALTHCARE MANAGEMENT II, LLC Hedge Fund- Liquidity Fund- Private Equity Fund241.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV241.4m AUM241.4m #Funds2
Adviser PANORAMA POINT PARTNERS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund295.1m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV295.1m AUM216.4m #Funds19
Adviser PROSPECT PARTNERS ADVISORS LLC Hedge Fund- Liquidity Fund- Private Equity Fund425.0m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV425.0m AUM425.0m #Funds3
Adviser KINZIE CAPITAL PARTNERS Hedge Fund- Liquidity Fund- Private Equity Fund242.0m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV242.0m AUM232.0m #Funds7
Adviser LAKESIDE DRIVE MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund275.0m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV275.0m AUM275.0m #Funds14
Adviser WPG FINANCIAL GROUP, LLC Hedge Fund- Liquidity Fund- Private Equity Fund2.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.4m AUM301.2m #Funds1
Adviser AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund250.8m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV250.8m AUM250.8m #Funds3
Adviser ACACIA PARTNERS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund461.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV461.4m AUM461.4m #Funds6
Adviser FLEXIS CAPITAL Hedge Fund- Liquidity Fund- Private Equity Fund295.9m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV295.9m AUM295.9m #Funds6
Adviser PENDULUM OPPORTUNITIES LLC Hedge Fund- Liquidity Fund- Private Equity Fund386.1m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV386.1m AUM386.1m #Funds5

Brochure Summary

Overview

Sandbridge, a Delaware limited liability company, was formed in May 2013 and became a registered investment adviser with the SEC on July 20, 2018. As indicated on the Firm’s Form ADV Part 1A, Ken Suslow, through indirect ownership, is the Firm’s principal owner. Sandbridge is an investment management firm that provides advisory services on a discretionary basis to a number of privately offered pooled investment vehicles (collectively, the “Funds” and “Advisory Clients” and each a “Fund” and “Advisory Client”). Entities affiliated with Sandbridge serve as the general partners (each an “Affiliated General Partner” and, collectively, the “Affiliated General Partners”) of the Funds. Each of the Affiliated General Partners is a related person of Sandbridge and is under common control with Sandbridge. While each Affiliated General Partner retains management authority over the business and affairs, including investment decisions, of its respective Advisory Client, Sandbridge has been delegated the role of investment adviser. The Firm primarily invests assets in equity and preferred or convertible equity interests in private companies providing goods and services to consumers. The Firm may also make other forms of investment in such private companies, such as senior and subordinate indebtedness, mezzanine debt and convertible debt, or make private investments in public companies (PIPEs). Sandbridge does not limit its investment advice to only certain types of investments. Please see Item 8.A. for additional information regarding the Firm’s investment strategy. Sandbridge offers co-investment opportunities to certain investors interested in participating in such opportunities. Decisions regarding whether and to whom to offer co-investment opportunities, as well as the applicable terms, are made in the sole discretion of Sandbridge or its related persons or other participants
in the applicable transactions, such as co-sponsors. As such, co-investment opportunities may be offered to some and not other Fund investors, in the sole discretion of Sandbridge or its related persons, and certain persons other than Fund investors, will, from time to time be offered co-investment opportunities, in the sole discretion of Sandbridge or its related persons. Sandbridge’s investment management and advisory services to Advisory Clients are provided pursuant to the terms of the applicable private placement memorandum, offering documents or governing documents and Fund investors cannot obtain services tailored to their individual specific needs. Sandbridge has entered into side letter arrangements with certain Fund investors providing such investors with different or preferential rights or terms, including but not limited to different fee structures and other preferential economic rights, information and reporting rights, excuse or exclusion rights, waiver of certain confidentiality obligations, co-investment rights, certain rights or terms necessary in light of particular legal, regulatory or policy requirements of a particular investor, additional obligations and restrictions with respect to structuring particular investments in light of the legal and regulatory considerations applicable to a particular investor, veto rights and liquidity or transfer rights. Except as otherwise agreed with an investor, the Firm (or applicable Affiliated General Partner) is not required to disclose the terms of side letter arrangements with other investors in the same Advisory Client. Sandbridge does not participate in a wrap fee program. As of December 31, 2023, Sandbridge managed approximately $261,322,973 in regulatory assets under management on a discretionary basis. Sandbridge does not intend to manage any Advisory Client assets on a non-discretionary basis.