RBC Global Asset Management (GAM) has revealed changes to the RBC Private US Growth Equity Pool and the RBC Private Canadian Growth and Income Equity Pool.
RBC GAM has initiated a search to identify a replacement sub-advisor for the RBC Private US Growth Equity Pool.
Aletheia Research and Management will continue its role as sub-advisor for the Pool until another sub-advisor is identified.
RBC GAM will continue to provide investment management oversight for the Pool and manage the transition to ensure consistency for the unitholders.
Effective from 13 February 2012, the RBC Private Canadian Growth and Income Equity Pool will re-open for new purchases.
Re-opening the Pool will allow existing investors to add to their holdings and enable new investors to purchase the Pool for the first time.