Active-Investors posted a free report on FS Investment Corp (NYSE:FSIC), which is accessible upon registration as the firm’s latest news gets published. On December 11, 2017 the firm reported that it has partnered with famous firm EIG Global Energy Partners to form a Joint Venture. EIG Global is an international alternative investment firm with its prime focus on energy and energy-linked infrastructure.
Active-Investors.com is presently working on the research information for North European Oil Royalty Trust, which also operates in the Financial sector as the firm FS Investment. As it is known, Active-Investors is into the segment of offering timely information on companies that matter to investors.
Commenting on the establishment of the JV with EIG, Mr. Michael Forman, Chairman and CEO of FS Investments, expressed that as a major provider of institutional capital in the international energy industry, EIG Global is a perfect associate to jointly manage FSEP provided the firm’s sector expertise, international reach and scale. They look forward to associating together to transition the portfolio of FSEP with an eye toward improving returns, reducing risk, and establishing a liquidity event for their investors via a public listing.
William Sonneborn, the President of EIG, expressed that they are delighted that post an extensive search, the board of FSEP and FS Investments finalized EIG as their associate. They believe that together they can improve the returns to FSEP investors and enhance existing portfolio.
The scope of the reported deal is to create a platform to provide flexible financing solutions for firms in the energy sector. This platform will have the scale, energy industry expertise and flexibility to cater to financing needs of infrastructure and energy firms across the capital structure. After this deal is formed both firms are anticipating to record fresh deals that will affect the investment portfolio in a positive way and contribute by enhancing long term value for shareholders of FSEP.