Goldman Sachs Asset Management to Host Quarterly MLP Closed-End Funds Conference Call
February 10 2020 - 4:28PM
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
February 13th, 2020 at 4:15 PM EST. The call will
feature Kyri Loupis, Head of the Energy and Infrastructure team at
GSAM, along with Portfolio Manager Ganesh Jois. The call will
briefly cover the market environment for U.S. energy and provide an
update on the closed-end fund investment strategies.
The live webcast can be accessed via the web portal using
conference ID: gsammlp2020 or through the GSAM Closed-End Fund
landing page at www.GSAMFUNDS.com/cef.
Dial In Number: 888-254-2825 Conference ID: 7352259
In addition, portfolio holdings as of December 31, 2019, 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 master limited partnership (“MLP”)
investment groups. The Goldman Sachs MLP Income Opportunities Fund
began trading on the NYSE on November 26, 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 $1.69 trillion as of December 31,
2019.1 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.
For additional information, please visit the Funds’ website
at www.GSAMFUNDS.com/cef.
Rubi ID: 193396 Date of First Use: February 10, 2020
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version on businesswire.com: https://www.businesswire.com/news/home/20200210005805/en/
Media: Patrick Scanlan Tel: 212-902-6164
Investors: Immanuel Tan Tel: 917-343-3375
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