Supporting Functions, Ensuring Investment Protection:

Lloyds of London- Issuer of $5,000,000 fidelity bond policy against fraud, (Coverage Policy Link)

Attorney Title and Guaranteed Trust Co. (Chicago)- Manager and protector of custodial accounts

AIBIFS (Allied Irish Bank International Financial Services)- Provider of all back-office support for Kenmare Assignment Company, including Accounting/Reporting and client distributions

Grant Thornton is the 3rd party independent auditor of KACL as required by European Union law. 

“The operations and bank funds of Kenmare Assignment Company are supported by Allied Irish Bank International Financial Services per agreement and mandate. The agreement between AIBIFS and Kenmare provides that AIBIFS performs all operational activities of Kenmare, including funds transfer and safekeeping, as well as remittance of all contractual periodic payments to Kenmare’s payees. The irrevocable bank mandates require that funds may only move between AIBIFS and ATG and back to AIBIFS for distribution to clients. No other entity is allowed to receive or control funds.”