GML Capital has selected Quintillion as administrator for several new investment funds for which GML acts as investment manager.
GML Capital has selected Quintillion as administrator for several new investment funds for which GML acts as investment manager.
The funds include the Federated GML Trade Finance Fund Limited, Federated GML Trade Finance Fund LLC, and GML Agricultural Commodity Trade Finance Fund.
The funds are in addition to existing investment funds for which GML acts as investment adviser, but which are managed by Standard Bank Fund Managers Jersey. Quintillion already acts as sub-administrator for these existing funds.
Stefan Pinter, chief executive and founding partner of GML Capital (pictured), says: ‘We could not be more impressed by Quintillion’s performance since December 2008 in relation to our established investment funds and it was an automatic decision to extend our relationship with Quintillion to cover these new funds. We see increased investor interest in trade finance as an asset class, and we expect to continue to expand our offerings of funds as our business grows. We look forward to working with Quintillion on these new funds, including the implementation of daily NAV reporting for certain funds.’
