Source - RNS
RNS Number : 3954X
Sturgeon Central Asia Balanced Fund
09 August 2018



Immediate Release

[09 ] August 2018



Sturgeon Central Asia Balanced Fund, Ltd

(the "Company")


Re: Appointment & Resignation of Directors



The Directors of the Company wish to announce that Taco A. Sieburgh Sjoerdsma has resigned as Director from the Board with effect from 8 August 2018.


The Directors of the Company also wish to announce that with effect from 8 August 2018, Atul Patel has been appointed as Director of the Board.


Atul Patel

Atul Patel has 30 years' experience in global financial markets having spent over 20 years in fund management then transitioning to a role as CFO. During his fund management career Atul was Head of International Equities at F&C Management (now BMO Global Asset Management) where he was responsible for over $10bn of equities. Atul also spent a few years in Kazakhstan where he was CEO/CIO of Compass Asset Management and has some familiarity with the Sturgeon Central Asia Balanced fund as he managed the fund for Compass at the time and was also a board director. Upon returning to the UK, Atul moved to the business side and has held a number of roles as CFO, from April 2014 to May 2016, Atul was the Finance Director of Caribbean Americas Energy Limited, Atul subsequently joined Pairstech Capital Management LLP from June 2016 to May 2017 and since June 2017 CFO of Visor Capital UK Limited a boutique with expertise in the Central Asian region. Atul has a first degree in Mathematics and an MBA from the University of Warwick Business School.



As at the date of this announcement Atul Patel does not have:


(i)        any unspent convictions in relation to indictable offences; or

(ii)       been bankrupt or the subject of any involuntary arrangements, or has had a receiver appointed to any asset; or

(iii)      been a director of any company which had a receiver appointed or went into compulsory liquidation, creditors voluntary liquidation, administration or company voluntary arrangements, or made any composition or arrangements with its creditors generally or with any class of its creditors whilst he was a director with an executive function at the time or within 12 months after he ceased to be a director with an executive function; or

(iv)       been a partner of any partnership, which while he was a partner or within 12 months after he ceased to be a partner, went into compulsory liquidation, administration or partnership voluntary arrangement, or had a receiver appointed to any partnership asset; or

(v)        had any public criticism by statutory or regulatory authorities (including recognized professional bodies); or

(vi)       been disqualified by a court from acting as a director or from acting in the management or conduct of affairs of any company.  


A list of all directorships and partnerships past and present held by Atul Patel are available for inspection during normal business hours at the registered office of the Company or at the offices of Duff & Phelps (Ireland) Limited, 24 St Stephen's Green, Dublin 2, Ireland.




Enquires to:                                                     


Duff & Phelps (Ireland) Limited

Elaine Drennan

+353 1 634 4335








This announcement has been issued through the Companies Announcement Service of Euronext Dublin.



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