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Highgate Investment Management LLP selects Quintillion

Release Date: 2 February 2011

Dublin, 2 February 2011 - Quintillion fund administration is pleased to announce that it has been chosen to provide administration services to the Investment Fund managed by Highgate Investment Management LLP, the Highgate Absolute Return Fund which launched in September 2010.


Andrew Freshney, Managing Partner at Highgate Investment Management LLP, said:

"As a start up fund and first time manager we had the opportunity to assess our administration options without restriction or bias. After a lengthy and extensive selection process, Quintillion came out a clear winner and perfect match for our business and its aspirations. From our first meeting through to launch and beyond, we have been highly impressed with all aspects of our interaction with the firm. With a strong, experienced and ambitious management team, obvious investment in modern, intelligent and scalable systems and infrastructure, and a skilled and loyal workforce, we had little hesitation in choosing to partner with the Quintillion team.

Post selection the entire team has been a pleasure to work with - highly efficient, incredibly professional and extremely responsive. We couldn't praise the firm enough from our experience to date and look forward to growing our business with theirs for many years to come."

Andrew Kane, Senior Manager at Quintillion, said:

"We are very pleased to have added Highgate to our growing client base. We feel our focus on a strong technology solution for our clients, allied to our transparent reporting and highest levels of service, are ideally suited to helping Highgate achieve their objectives over the coming years.”

About Quintillion

Quintillion is a leading, independent hedge fund administration company. Launched in 2006, Quintillion provides clients with integrated middle and back office services. Experienced accounting and investor services professionals, coupled with leading technologies which are deployed in an innovative manner, are at the core of our ability to deliver superior fund administration solutions. Our client base of hedge fund managers, institutions and corporations run a broad selection of investment strategies and fund structures that are serviced by client focused teams.


The majority ownership of the company is shared by the management and staff. A 25% minority shareholding is held by JP Morgan Chase N.A. Quintillion is authorised and regulated by the Central Bank of Ireland under the Investment Intermediaries Act, 1995. Further information: www.quintillion.ie

Contact
Ken Somerville
Head of Business Development – Quintillion Limited
Phone: +353-1-5238003 / Mobile: +353-87-131 9552
Email: ken.somerville@quintillion.ie