NEW YORK–(BUSINESS WIRE)–Goldman Sachs Asset Administration (“GSAM”) will host a convention name for the Goldman Sachs MLP and Vitality Renaissance Fund (NYSE: GER) on December 3rd, 2020 at 4:15 PM EST. The decision will characteristic Kyri Loupis, Head of the Vitality Infrastructure and Renewables staff at GSAM, together with Portfolio Managers Ganesh Jois and Matthew Cooper. The decision will briefly cowl the market setting for the U.S. power sector and supply an replace on the closed-end fund funding technique.
The reside webcast will be accessed through the web portal utilizing convention ID: gsamcef2020 or by way of the GSAM Closed-Finish Fund touchdown web page at www.GSAMFUNDS.com/cef.
Dial In Quantity: 888-668-1636
Convention ID: 2202639
As well as, portfolio holdings as of September 30, 2020, in addition to further data relating to the Fund, will be accessed by way of the GSAM Closed-Finish Fund touchdown web page at www.GSAMFUNDS.com/cef.
Goldman Sachs MLP and Vitality Renaissance Fund
The Fund is a non-diversified, closed-end administration funding firm managed by GSAM’s Vitality Infrastructure & Renewables Group, which is among the many trade’s largest grasp restricted partnership (“MLP”) funding teams. The Fund started buying and selling on the NYSE on September 26, 2014.
The Fund seeks a excessive degree of whole return with an emphasis on present distributions to shareholders. The Fund invests primarily in MLPs and different power investments. The Fund at the moment expects to pay attention its investments within the power sector, with an emphasis on midstream MLP investments. The Fund invests throughout the power worth chain, together with upstream, midstream and downstream investments.
About Goldman Sachs Asset Administration, L.P.
GSAM is the asset administration arm of The Goldman Sachs Group, Inc. (NYSE: GS), and supervises $1.86 trillion as of September 30, 2020.1 GSAM has been offering discretionary funding advisory providers since 1988 and has funding professionals in all main monetary facilities around the globe. The corporate affords funding methods throughout a broad vary of asset courses to institutional and particular person shoppers globally. Based in 1869, Goldman Sachs is a number one international funding banking, securities and funding administration agency that gives a variety of monetary providers to a considerable and diversified shopper base that features firms, monetary establishments, governments and high-net-worth people.
1 Property Below Supervision (AUS) contains property beneath administration and different shopper property for which Goldman Sachs doesn’t have full discretion.
Disclosures
Shares of closed-end funding corporations incessantly commerce at a reduction from their internet asset worth (“NAV”), which can improve buyers’ threat of loss. On the time of sale, an investor’s shares could have a market worth that’s above or under NAV, and could also be value roughly than the unique funding. There isn’t a assurance that the Fund will meet its funding goal. Previous efficiency doesn’t assure future outcomes. Investments in securities of MLPs contain dangers that differ from investments in frequent inventory, together with amongst others dangers associated to restricted management and restricted rights to vote on issues affecting MLPs, potential conflicts of curiosity threat, money circulation dangers, dilution dangers and buying and selling dangers.
Goldman Sachs doesn’t present authorized, tax or accounting recommendation, until explicitly agreed between you and Goldman Sachs (typically by way of sure providers supplied solely to shoppers of Non-public Wealth Administration). Any assertion contained on this press launch regarding U.S. tax issues shouldn’t be supposed or written for use and can’t be used for the aim of avoiding penalties imposed on the related taxpayer. However something on this doc on the contrary, and besides as required to allow compliance with relevant securities regulation, you might confide in any particular person the US federal and state earnings tax remedy and tax construction of the transaction and all supplies of any form (together with tax opinions and different tax analyses) which can be supplied to you referring to such tax remedy and tax construction, with out Goldman Sachs imposing any limitation of any form. Buyers must be conscious {that a} willpower of the tax penalties to them ought to have in mind their particular circumstances and that the tax regulation is topic to alter sooner or later or retroactively and buyers are strongly urged to seek the advice of with their very own tax advisor relating to any potential technique, funding or transaction.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase any safety. The Fund has accomplished its preliminary public providing. Buyers ought to contemplate their funding objectives, time horizons and threat tolerance earlier than investing within the Fund. An funding within the Fund shouldn’t be acceptable for all buyers, and the Fund shouldn’t be supposed to be a whole funding program. Buyers ought to fastidiously evaluate and contemplate the Fund’s funding goal, dangers, costs and bills earlier than investing.
For added data, please go to the Fund’s web site at www.GSAMFUNDS.com/cef.
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Compliance Code: 223157.OTU
Date of First Use: November 30, 2020
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