GML Capital LLP (GML), a specialised investment manager based in London, has selected Quintillion as Administrator for several new Investment Funds for which GML acts as Investment Manager.
These include the Federated GML Trade Finance Fund Limited, Federated GML Trade Finance Fund LLC, and GML Agricultural Commodity Trade Finance Fund LLC. These new Investment 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 Limited. Quintillion already acts as Sub-Administrator for these existing Investment Funds.
We could not be more impressed by Quintillions 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, says Stefan Pinter, CEO and founding partner of GML Capital LLP.
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.
L.D.