Pilgrim Partners Asia, a new Singapore-based investment manager, has selected LaCrosse Global Fund Services to provide fund administration services for the Pilgrim Asian Macro Fund.
The fund was launched in May 2010 and uses mainly currencies, interest rates, currency and interest rate derivatives, and index futures on equities and commodities to establish positions based on macro views.
The principal and founder is Albert Ee, previously of Tribeca Global Management Asia and Millennium Partners.
“We selected top-tier service providers when we launched the Pilgrim Asian Macro Fund and LaCrosse was the fund administrator that best understood the fund’s strategy,” says Ee.
“The opportunity to support the Pilgrim Partners’ team showcases our experience working with complex strategies in Asia. We look forward to a successful relationship with the firm,” adds Celia Choh, LaCrosse Global Fund Services’ managing director for Asia.