Apr 18, 2012 (PRN): Praesidis Advisors LLC has signed a marketing & capital raising agreement with Dubai-based Royal Investment Bank to provide Middle Eastern & North African fund raising assistance. The venture is aimed towards promoting Praesidis' funds to Royal Investment Bank's regional network of active investors.

Kyle Henderson, Portfolio Manager at Praesidis, stated that raising capital in the Middle East is a key strategic objective for the firm as the long-term perspective of Middle Eastern investors makes placing regional assets under management an ideal fit for the fund. "Given our background as well as the overall nature of the power & utility industry, we have always taken a predominantly long-term view when developing our investment strategies. In this respect, we feel that our investment management philosophy is closely aligned with the investor community in the Middle East. We are pleased to have found a worthwhile capital raising partner in Dubai-based Royal Investment Bank."

Lars Pampel, Director of Investor Relations (Alternative Investments) at Royal Investment Bank Limited, said that Praesidis' investment offering is expected to become a major foundation within Royal Investment Bank's fund marketing portfolio, as the investment management firm has a proven track record of power & utility industry experience and investment returns. He added "Given the volatile nature of the markets in recent years, we are pleased to represent a fund management firm that has recorded gains of over 1.5% in 2008 and over 7% in 2011, years in which most hedge funds recorded substantial losses. Praesidis' historical returns, coupled with the management team's fifty years of experience covering this industry sector and the research granularity that they leverage to generate these returns, make Praesidis a fund management firm that is capable of not only providing substantial wealth generation opportunities but also the type of wealth preservation that many Middle Eastern investors are looking for in these turbulent times."

Praesidis' investment strategy is to employ a fundamental research process to identify long and short equity investment opportunities in the North American (USA and Canada) power and utility industries, a strategy that has delivered steady results (relative to other industry sectors) through active management. The firm believes that there is significant opportunity in this underinvested industry sector as the demand for power increases and regulation on both a national and state level evolves.

About Royal Investment Bank Limited (RIBL)

Royal Investment Bank Limited (RIBL) is an investment advisory firm based in the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA). RIBL specialises in advising clients - in the Gulf region and across the globe - on credit related transactions such as the trading and monetisation of financial instruments and arranging loan instruments such as Letters of Credits to facilitate trade for Clients. RIBL is an experienced market leader in the advisory and arranging business, and has strong relationships with leading international financial institutions and investment advisors.

About Praesidis Advisors LLC

Praesidis Advisors LLC is a fund management firm based in Florida, USA. The firm operates two funds - the Praesidis Master Fund and the Praesidis Power & Income Fund - that focus on the North American power & utility industry sector. The firm seeks long-term positive absolute returns through a combination of long-term and occasional short-term investments. At present, Praesidis has in excess of US$110 million under management. [Wired by: PressReleaseNetwork.com]

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