Infiniti Solutions, the Christchurch arm of the Infiniti Capital group, has been selected to provide fund administration services to a new private equity fund recently launched by Milestone Capital.
The Rutherford Innovation Fund was launched last week to raise capital to back innovative New Zealand companies which need financial assistance and business skills to commercialise their ideas on the international stage.
"The Rutherford Innovation Fund required an equally innovative solution for its legal structure and particular operational needs," says Infiniti Capital chief operations officer Adrian Whiteman. "Infiniti Solutions provided a team of expert advisors and professionals to assist Milestone Capital in the structuring and set up of the Rutherford Innovation Fund and to assist in offshore marketing efforts.
"We will be pleased to announce an equally exciting new fund in the coming months as we are currently advising its promoters on its structure, marketing and operational aspects.”
Infiniti Capital group is a boutique asset manager which has historically specialised in emerging manager hedge fund of funds mandates, alongside offering bespoke solutions for institutional clients. The company has its head office in Hong Kong, back and middle office capabilities in Christchurch, and an office in Sydney.
Infiniti Solutions provides administrative support and services to the Infiniti Capital group’s own selection of funds of hedge funds.
Infiniti Solutions’ services have been strengthened by an internally developed suite of analysis and portfolio management tools which is in the process of being commercialised as the Infiniti Analytics Suite).