Sands Brothers Offers ‘Furry' ABL Fund

New York- and Greenwich, Conn.-based Sands Brothers Asset Management has launched an asset-backed lending fund to exploit opportunities in small-cap private and public markets.

The firm’s Genesis Merchant Partners fund makes loans to both domestic and international companies in niche and under-the-radar markets often overlooked by banks and other providers of capital, according to Timothy Doede, director of research. For instance, a portion of the portfolio is dedicated to financing the fur trade, specifically animal pelts.