Deutsche Bank has been picked to provide fund administration services for private equity firm Arroyo Energy Investors.

Arroyo, which has invested and managed more than $600m since 2003, focuses on power generation and midstream assets in the Americas. 

Investments include converting coal-fired power plants in Florida into biomass powered sites as well as developing domestic gas projects in California.

The firm opened an office in Santiago, Chile two years ago.

Deutsche Bank’s fund services team will act as the firm’s private equity fund administrator providing fund accounting, investor services and regulatory reporting across funds.

“We are proud to support Arroyo Energy with our fund administration platform,” said Ajay Singh, head of investor services, which falls under the bank’s Global Transaction Banking division.

“During the entire lifecycle of a fund, Deutsche Bank provides clients with access to a comprehensive range of solutions, value-add services such as foreign exchange and credit, and proven global expertise.”

“We selected Deutsche Bank for their flexible operating model and integrated bank-wide services,” added David Field, founding partner at Arroyo Energy.

“As Arroyo Energy grows, we know Deutsche Bank will deliver holistic and innovative front-to-end solutions.”