LONDON – 12 November 2009 – Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, today announced that it 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,” said David Walker, COO 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” said Akshaya Bhargava, Butterfield Fulcrum's CEO. “We are pleased to have exceeded their requirements and look forward to a long relationship.”
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About Butterfield Fulcrum
Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, has 20 years experience servicing the alternative investment industry. It provides administration, middle office and risk reporting services to hedge funds, fund of funds, managed accounts, private equity and real estate funds. The company has a unique Global Operations Model leveraging time zones and talent to deliver transparent and highly customized solutions in real time via BFonline, a client access Web portal. Headquartered in Bermuda, the company services more than 700 funds and has 11 offices in nine countries (Bahamas, Bermuda, Canada, Cayman, Guernsey, India, Ireland, UK and the USA). For more information, please visit www.bfgl.com.
About Flintlock Capital Asset Management
Flintlock Capital Asset Management is a discretionary global commodities manager set to launch in early 2010.
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