Quintillion to administer Insparo Asset Management’s Funds
Release Date: 6 April, 2011
Dublin, 6 April 2011 - Quintillion today announced that it has been chosen to provide administration services to the Investment Funds managed by Insparo Asset Management Limited (“Insparo”).
Based in London, Insparo Asset Management is one of the best performing asset managers operating within the frontier market sector. The firm’s flagship Africa and Middle East Fund has returned 33% since launching in June 08. A second fund, focusing on African equities, was launched to investors in February. Insparo’s investment philosophy seeks to identify deep value opportunities through an emphasis on in-depth analysis at both the macro and micro levels, and aims to provide investors with superior returns and limited volatility.
Quintillion now provides both Insparo funds with a complete range of administration services, including NAV calculation, investor servicing, anti-money laundering checks and financial reporting.
Garrett Breen, Head of Fund Administration at Quintillion said: “We are delighted to have won a client of Insparo’s calibre. We feel we can provide Insparo with the timely, accurate and transparent information they need each day to help them achieve their aim of being the premier asset manager in frontier markets.”
Commenting on the appointment of Quintillion, Jon Laidlow, Chief Operating Officer of Insparo, added: “The comprehensive range of services offered by Quintillion make them an excellent partner for the funds. We are pleased to be working with them, and we look forward to the value they can add for our investors.”
Quintillion is a leading, independent hedge fund administration company. Launched in 2006, Quintillion provides clients with integrated middle and back office services.
Further information: www.quintillion.com
Insparo Asset Management, founded in July 2007 is a UK-based limited liability company, whose investment team has collectively 40 years of emerging markets experience, focused on esoteric investments. The firm is backed and sponsored by institutions with a proven performance track record as well as first class business management experience.
Further information: www.insparo-am.com
Head of Business Development – Quintillion Limited
Phone: +353-1-5238003 / Mobile: +353-87-131 9552