Goldman Sachs Asset Management to Host an Update Call Following the FERC’s Recent Policy Announcement Regarding MLPs
March 26 2018 - 4:55PM
Business Wire
Goldman Sachs Asset Management (“GSAM”) will host a conference
call for the Goldman Sachs MLP Income Opportunities Fund
(NYSE:GMZ) and Goldman Sachs MLP and Energy Renaissance Fund
(NYSE:GER) (together, the “Funds”) on March 28, 2018 at
4:15 PM EDT. The call will feature Kyri Loupis, Head of the
Energy and Infrastructure team at GSAM, along with Portfolio
Managers Ganesh Jois and Matthew Cooper. The call will cover recent
policy changes announced by the Federal Energy Regulatory
Commission (“FERC”) on March 15, 2018 and its potential impact to
MLPs and the energy infrastructure sector.
The live webcast can be accessed via the web portal using
conference ID: mlpupdate2018. Questions may be submitted via the
webcast during the call.
Dial In Number: 1-888-205-6648Conference ID: 5329461
In addition, portfolio holdings as of December 31, 2017, as well
as additional information regarding each Fund, can be accessed
through the GSAM Closed-End Fund landing page at
www.GSAMFUNDS.com/cef.
The Funds
Each Fund is a non-diversified, closed-end management investment
company managed by GSAM’s Energy & Infrastructure Team, which
is among the industry’s largest MLP investment groups. The Goldman
Sachs MLP Income Opportunities Fund began trading on the NYSE on
November 25, 2013, and the Goldman Sachs MLP and Energy Renaissance
Fund began trading on the NYSE on September 26, 2014.
Each Fund seeks a high level of total return with an emphasis on
current distributions to shareholders. The Goldman Sachs MLP Income
Opportunities Fund invests primarily in MLP investments. The
Goldman Sachs MLP and Energy Renaissance Fund invests primarily in
MLPs and other energy investments. Each Fund currently expects to
concentrate its investments in the energy sector, with an emphasis
on midstream MLP investments. The Goldman Sachs MLP and Energy
Renaissance Fund invests across the energy value chain, including
upstream, midstream and downstream investments.
About Goldman Sachs Asset Management, L.P.
GSAM is the asset management arm of The Goldman Sachs Group,
Inc. (NYSE: GS), and supervises $1.29 trillion as of December 31,
2017.1 GSAM has been providing discretionary investment advisory
services since 1988 and has investment professionals in all major
financial centers around the world. The company offers investment
strategies across a broad range of asset classes to institutional
and individual clients globally. Founded in 1869, Goldman Sachs is
a leading global investment banking, securities and investment
management firm that provides a wide range of financial services to
a substantial and diversified client base that includes
corporations, financial institutions, governments and
high-net-worth individuals.
1 Assets Under Supervision (AUS) includes assets under
management and other client assets for which Goldman Sachs does not
have full discretion.
Disclosures
Shares of closed-end investment companies frequently trade at a
discount from their net asset value (“NAV”), which may increase
investors’ risk of loss. At the time of sale, an investor’s shares
may have a market price that is above or below NAV, and may be
worth more or less than the original investment. There is no
assurance that a Fund will meet its investment objective. Past
performance does not guarantee future results. Investments in
securities of MLPs involve risks that differ from investments in
common stock, including among others risks related to limited
control and limited rights to vote on matters affecting MLPs,
potential conflicts of interest risk, cash flow risks, dilution
risks and trading risks.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any security. Each Fund has
completed its initial public offering. Investors should consider
their investment goals, time horizons and risk tolerance before
investing in a Fund. An investment in a Fund is not appropriate for
all investors, and the Funds are not intended to be a complete
investment program. Investors should carefully review and consider
a Fund’s investment objective, risks, charges and expenses before
investing.
Forward-Looking Statements
This press release may contain forward-looking statements that
involve substantial risks and uncertainties. You can identify these
statements by the use of forward-looking terminology such as “may,”
“will,” “should,” “expect,” “anticipate,” “project,” “target,”
“estimate,” “intend,” “continue,” or “believe” or the negatives
thereof or other variations thereon or comparable terminology. You
should read statements that contain these words carefully because
they discuss our plans, strategies, prospects and expectations
concerning our business, operating results, financial condition and
other similar matters. These statements represent the Funds’ belief
regarding future events that, by their nature, are uncertain and
outside of the Funds’ control. We believe that it is important to
communicate our future expectations to our investors. There are
likely to be events in the future, however, that we are not able to
predict accurately or control. Any forward-looking statement made
by us in this press release speaks only as of the date on which we
make it. Factors or events that could cause our actual results to
differ, possibly materially from our expectations, include, but are
not limited to, the risks, uncertainties and other factors we
identify in filings we make with the Securities and Exchange
Commission, and it is not possible for us to predict or identify
all of them. We undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
For additional information, please visit the Funds’ website
at www.GSAMFUNDS.com/cef.
Compliance Code: 126183-OTU
Date of First Use: March 26, 2018
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version on businesswire.com: https://www.businesswire.com/news/home/20180326006118/en/
For Goldman Sachs Asset ManagementMedia:Andrew Williams,
212-902-5400orInvestors:Immanuel Tan, 917-343-3375
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