Bodhi Tree purchases minority stake in Sudrania Fund Services
Summary
Bodhi Tree Asset Management (Bodhi Tree) has purchased a minority stake in Sudrania Fund Services (Sudrania) as part of its strategy to create a scalable front to back-office multi-asset class solution for RIAs, Family Office, and Endowment model investors, all backed by cloud technology.Bodhi Tree offers quantitative tactical asset allocation strategies via fund and SMA structures to institutional and HNWI investors.Bodhi Tree is seeding technology-focused companies to create a diverse menu of front to back- office solutions for sophisticated investors.Sudrania’s approach of using technology as a tool to effectively provide a hand holding and white glove service to its clients is very refreshing,” says Shalin Madan (pictured), CIO of Bodhi Tree.Sudrania offers an extensive suite of services specifically designed to allow investment managers to outsource their back-office operations and fund administration to tap the best of the technology and talent.