Flintlock Capital taps Butterfield Fulcrum as exclusive administrator
Butterfield Fulcrum, an independent alternative fund administration company, has been selected as the exclusive third-party administrator for Flintlock Capital Asset Management, a discretionary global commodities manager set to launch in early 2010.
"We look to differentiate our fund by being liquid, transparent and understandable," says David Walker, chief operating officer of Flintlock Capital Asset Management. "Butterfield Fulcrum's real-time reporting of daily operations is integral to our value proposition."
Flintlock Capital Asset Management selected Butterfield Fulcrum to provide month-end reporting services following a comprehensive administrator search.
"Flintlock Capital Asset Management is indicative of a new generation of hedge funds looking to stay ahead of regulatory and investor requirements by offering extreme reporting capabilities," says Akshaya Bhargava (pictured), Butterfield Fulcrum's chief executive. "We are pleased to have exceeded their requirements and look forward to a long relationship."
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