GLI Finance announces GLI Asset Management Limited licence
GLI Finance Limited ("GLI") announces that its wholly owned asset management subsidiary, GLI Asset Management Limited ("GLIAM") has been licensed by the Guernsey Financial Services Commission to manage collective investment schemes and general securities and derivatives. This licence permits promotion, subscription, registration, dealing, management, administration, advising and custody of the abovementioned instruments.
It is intended that GLIAM will manage GLI Alternative Finance PLC, a closed end fund, focusing on a loan portfolio diversified by geography, size of loan, type of lending and duration, which GLI is working on launching, as indicated in the AGM statement released on 30 April 2015.
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For further information, please contact:
Camarco
Ed Gascoigne-Pees
+44 (0)203 757 4984
+44 (0)788 400 1949
About GLI Finance Limited
GLI Finance (www.glifinance.com) is a specialist provider of finance to small and medium sized enterprises and is quoted on the AIM market of the London Stock Exchange (ticker GLIF). GLI Finance both invests in loans to SMEs and originates finance for SMEs through a variety of finance platforms. The platforms in which GLI Finance is invested vary by geography, industry, size of lending and by type of lending. They include Global trade Finance, UK and US SME Lending, Offshore Lending, UK invoice discounting, European invoice discounting, Global multi-asset crowd funding and UK property-backed lending.