RBC Dexia Investor Services has been selected by Creststreet Asset Management Limited to provide custody, fund valuations and investor recordkeeping for its onshore and offshore funds.
Creststreet is a Canadian investment management firm specialising in energy investment products for institutional and affluent investors on a long and short basis. long and short basis.
"After handling most of these services in-house, our management team made the strategic decision to partner with an industry expert for activities, including custody, fund valuations and recordkeeping," said Robert J. Toole, Managing Director of Creststreet. "The benefits to our firm and our clients include the high levels of quality, reliability and service that RBC Dexia delivers in the alternatives arena. We were also impressed with their proven expertise in facililtating the distribution of our products in multiple jurisdictions, which is a significant part of our growth strategy going forward."
"We are delighted to be working with the team at Creststreet," said Brent Wilkins, Head, Sales & Relationship Management, Americas, for RBC Dexia. "The awarding of this mandate demonstrates that our value proposition continues to resonate with clients pursuing alternatives strategies, not only those who are looking to make their operations more efficient, but also those seeking to distribute their products in new markets around the world."