Goldman Sachs Asset Management to Host Quarterly MLP Closed-End Funds Conference Call
24 August 2020 - 10:52PM
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 August 27th, 2020
at 11 AM 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 briefly
cover the market environment for the U.S. energy sector and provide
an update on the closed-end fund investment strategies.
The live webcast can be accessed via the web portal using
conference ID: gsamcef2020 or through the GSAM Closed-End Fund
landing page at www.GSAMFUNDS.com/cef.
Dial In Number: 888-668-1636 Conference ID: 7515162
In addition, portfolio holdings as of June 30, 2020, 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 $1.88 trillion as of June 30, 2020.1
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.
This material is provided at your request for informational
purposes only. This material is not a recommendation to invest in a
GSAM strategy or product. It is not a recommendation to buy or sell
or hold any particular securities. It is not an offer or
solicitation to buy or sell any securities. Any hypothetical or
model portfolios described herein are intended for use only by the
financial intermediary as an input in the development of investment
advice from such intermediary to its own clients. No information
provided herein will supplant the obligation of the financial
intermediary to interpose its own best judgment in making
investment decisions or investment recommendations to its
clients.
For additional information, please visit the Funds’ website
at www.GSAMFUNDS.com/cef.
Rubi ID: 213200 Date of First Use: August 24, 2020
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version on businesswire.com: https://www.businesswire.com/news/home/20200824005620/en/
Media: Patrick Scanlan, 212-902-6164
Investors: Immanuel Tan, 917-343-3375
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