RBC Dexia Selected by Paratum Inc. to Service Luxembourg-based Private Equity fund

LUXEMBOURG, Jan. 11 /CNW/ - RBC Dexia Investor Services has been selected by Paratum Inc., based in Beverly Hills, California, to provide custody, fund administration, shareholder services, domiciliary and financial reporting services for a new Luxembourg-based private equity SICAV-SIF fund. The fund was structured with the help of prominent law firms Loyens & Loeff (Luxembourg office) and Sadis & Goldberg (New York office).

This umbrella fund will include several sub-funds, the first being the US Renewable Energy Feeder Fund, which is designed to generate attractive risk adjusted returns by investing, through the master fund, in renewable power generation, clean fuels and renewable energy.

"The renewable energy market is large and growing and as an established industry leader, we felt that RBC Dexia's depth and breadth of experience in Luxembourg, complementary global footprint and consultative approach were ideal for us," said Aaron Sokol, Principal, Paratum Inc. "We feel our product is unique and RBC Dexia's tailor-made service solution will provide our fund and our company every opportunity to grow and prosper."

Paratum's recent launch of their US Renewable Energy Feeder Fund in a SICAV-SIF format was extremely well received by the institutional and retail investment communities. Through investment in the master fund, the sub-fund will gain exposure to principally control investments in a diversified portfolio of asset-based renewable energy opportunities, focused on renewable power, clean fuels and the renewable energy value chain.

Simon Shapland, Head, Europe Sales and Distribution for RBC Dexia Investor Services, commented: "Many non-resident private investment funds based in foreign jurisdictions are looking to increase the marketability of their funds in the European market using the SICAV-SIF format. Paratum's selection of RBC Dexia further strengthens our US offshore strategy and helps solidify our expertise in servicing these types of Luxembourg-based funds."

RBC Dexia Investor Services was recently named 2010 European Custodian of the Year by Funds Europe magazine and also received top scores in seven key categories in the 2010 Global Investor Global Custody Survey, including #1 overall for the Americas and EMEA. RBC Dexia was also awarded "Top Ranked" status in four key categories in Global Custodian's 2010 Global Custody Survey. RBC Dexia was named 'European Transfer Agent of the Year', 'Fund Administrator of the Year: Luxembourg' and 'European Client Relationship Manager of the Year' at the 2010 ICFA European Awards.

About Paratum

Paratum creates and utilizes innovative structured solutions for high net worth individuals, closely held businesses, hedge funds, etc. for corporate finance, securities, real estate, oil and gas, and private equity mandates. Our proprietary solutions are designed to maximize returns and mitigate tax consequences. The firm has a substantial contact base of institutions, Family offices and high net worth investors and works extensively with clients and advisors in Europe, Asia, South America, and the Middle East. www.paratum.com

About RBC Dexia Investor Services
RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,300 professionals in 15 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.7 trillion in client assets under administration.

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RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

SOURCE RBC Dexia Investor Services

For further information:

North America Europe
Jason Graham Raphael Mazet
416-955-5800 +44 (0)20 7653 4329
jason.graham@rbcdexia.com raphael.mazet@rbcdexia.com

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RBC Dexia Investor Services

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