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Quintillion has been appointed by Leadenhall Capital Partners to provide administration services to both its Leadenhall Diversified Insurance Linked Investments Fund and Leadenhall Value Insurance Linked Investments Fund, which launched on 21 October 2009.

The funds aim to provide investors with access to returns from the insurance and reinsurance markets through investments in CAT bonds, CAT swaps and other insurance linked investments.

The value fund is targeted at investors who want exposure to insurance linked investments without the need for a diversified portfolio.

The diversified fund is targeted at investors needing a more diversified portfolio.

Both funds have been incorporated and registered under the laws of Ireland and are qualifying investor funds.

Luca Albertini, chief executive of Leadenhall, says: "We are very pleased to have selected Quintillion as our administration partner and look forward to a mutually beneficial relationship. Quintillion was selected ahead of others due to its ability to combine hi-tech, automated processing with a strong pro-active and intelligent approach."

Joan Kehoe, chief executive of Quintillion, adds: “We are delighted to welcome Leadenhall Capital Partners to our growing and increasingly diverse client base. We have enjoyed working with them pre-launch and are looking forward to developing our relationship as they build out their business.”

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