Cartier Capital Limited Partnership announced Thursday that it has retained RBC Capital Markets as its exclusive financial advisor and intermediary to assist the partnership in finding a buyer for its interest in Cartier Partners Financial Group Inc.

This follows a recent announcement by the partnership, the majority shareholder of Cartier Partners Financial Group Inc. with approximately 66% of the outstanding common shares, to divest its position following the decision of its financial partner, the Caisse de depôt et placement du Québec, to reposition its investment portfolio as a minority investor.

Jean Dumont, the President of Cartier Capital L. P. and chairman of Cartier Partners Financial Group Inc., said: “the process will be conducted in a manner that minimizes any disruptions to the operation and allows Cartier Partners to continue to provide high-quality services and grow its retail business while we find a buyer that will maintain our high standards”.

To that effect, on June 25, Cartier Partners Financial Group Inc. also announced it had received additional financing which could total up to $8.5 million in the future from Cartier Capital Limited Partnership.