Goldman Sachs MLP Income Opportunities Fund and Goldman Sachs MLP and Energy Renaissance Fund Provide Market Commentary
Goldman Sachs Asset Management, investment adviser to the MLP Income
Opportunities Fund and the Goldman Sachs MLP and Energy Renaissance Fund
(the “Funds”), has posted market commentary relating to the energy
markets on the Funds website.
Goldman Sachs MLP Income Opportunities Fund
Goldman Sachs MLP Income Opportunities Fund is a non-diversified,
closed-end management investment company which began trading on the NYSE
on November 25, 2013. The Fund seeks a high level of total return with
an emphasis on current distributions to shareholders. The Fund invests
primarily in Master Limited Partnership (“MLP”) investments, a
significant portion of which deliver midstream infrastructure to support
growing hydrocarbon extraction. These include investments in pipeline
operators, natural gas processors, natural gas liquids fractionators and
storage facilities. The Fund is managed by Goldman Sachs Asset
Management’s (GSAM’s) Energy & Infrastructure Team, which is among the
industry’s largest MLP investment groups.
Goldman Sachs MLP and Energy Renaissance Fund
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified,
closed-end management investment company which began trading on the NYSE
on September 26, 2014. The Fund seeks a high level of total return with
an emphasis on current distributions to shareholders. The Fund invests
primarily in Master Limited Partnerships (“MLPs”) and other energy
investments. The Fund currently expects to concentrate its investments
in the energy sector, with an emphasis on midstream MLP investments. The
Fund invests across the energy value chain, including upstream,
midstream and downstream investments. The Fund is managed by Goldman
Sachs Asset Management’s (GSAM’s) Energy & Infrastructure Team, which is
among the industry’s largest MLP investment groups.
About Goldman Sachs Asset Management, L.P.
GSAM is the asset management arm of The Goldman Sachs Group, Inc. (NYSE:
GS), and supervises $1.08 trillion as of September 30, 2015.1
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 the 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. The Fund has completed its
initial public offering. Investors should consider their investment
goals, time horizons and risk tolerance before investing in the Fund. An
investment in the Fund is not appropriate for all investors, and the
Fund is not intended to be a complete investment program. Investors
should carefully review and consider the Fund’s investment objective,
risks, charges and expenses before investing.
For additional information, please visit the Fund’s website at www.gsamfunds.com/cef
View source version on businesswire.com: http://www.businesswire.com/news/home/20151216006088/en/
Copyright Business Wire 2015
