San Francisco, CA (PRWEB) April 14, 2016
Shaking up the securities regulatory scene, Sansome Strategies LLC has announced that it is spinning out into Greyline Solutions LLC (“Greyline”), under the management of compliance industry veteran, Matt Okolita. Greyline’s experienced team aids hedge fund managers, private equity and venture managers, and other clients in the alternative assets sector in designing and implementing their compliance programs.
Okolita was most recently a Managing Director in the San Francisco office of Duff & Phelps, a best in class compliance consulting firm and a premier global valuation and corporate finance advisor. Okolita joined Duff & Phelps following the firm’s January acquisition of CounselWorks, LLC, another leading provider of compliance services. As the Head of CounselWorks’ office in San Francisco, Okolita was a key component to expanding the business and brand in California and Texas. Okolita’s prior in-house experience includes a variety of legal, compliance, and operational roles including notable service as Chief Compliance Officer and Counsel to multi-billion dollar asset managers. “Greyline Solutions comes to market with a compliance solution that is truly unique. We’ve designed a services model, product offering, and approach to working with our managers that provides valuable enhancements to productivity, oversight, and consistency within managers of all shapes and sizes,” says Okolita.
Greyline’s team also includes Jennifer Dickinson, another compliance industry veteran, who has extensive experience in private fund and CPO compliance. Prior to joining Greyline, Dickinson was a Senior Compliance Consultant at Gordian Compliance Solutions, LLC. Dickinson has been a Chief Compliance Officer at several large investment managers. Sansome Strategies was originally backed by Karl Cole-Frieman and Bart Mallon, partners and founders of Cole-Frieman & Mallon LLP, which has one of the largest hedge fund legal practices in California.
According to Okolita, “because of industry consolidation many firms are chasing only the largest asset managers, and the mid-tier mangers are largely ignored.” “Greyline is uniquely positioned to capitalize on the opportunities in the current market,” says Karl Cole-Frieman, “and can offer exceptional service at a reasonable price to clients.”
About Greyline Solutions LLC
Headquartered in San Francisco, Greyline is a compliance consulting firm specializing in high-touch, compliance services for businesses in the alternative asset management industry. Serving investment advisers, hedge fund, private equity and venture capital fund managers, commodity pool operators, and other investment managers, and businesses ranging from entrepreneurial start-ups to multi-billion dollar international institutions. Greyline prides itself on its unique approach to compliance and offers tailored solutions that utilize high-touch consulting and technology platforms. Comprised of securities industry professionals with years of experience in the financial and regulatory industries, Greyline’s mission is to simplify the process, minimize risk, and lower costs, with the core goal of helping clients focus on building and enhancing their business.