In the Type menu choose L2TP.
In the Description field type PrivateVPN - L2TP. Server: See server list below. Account: Enter your username for PrivateVPN RSA SecurID: OFF Password: Type in your password for privatevpn.
Secret: privatvpn
Encryption Level: Auto
Send All Traffic: ON
Proxy: Off
Now click Done
You'll find the server list here: Server list