Triloma Financial Group, a private investment management firm that specializes in alternative investments, and EIG Global Energy Partners, a private investment firm that specializes in energy and energy-related infrastructure, announced that registration statements pertaining to an initial public offering of $2 billion in common stock of Triloma EIG Global Energy Fund and Triloma EIG Global Energy Term Fund I are now effective.
The two funds are unlisted investment companies that will invest primarily in a global portfolio of privately originated energy company and project debt. They are both managed by Triloma Energy Advisors and EIG Credit Management Company and seek to raise capital with the issuance of common stock through a best efforts, continuous public offering.
Barry Goff, managing director of Triloma, said, “We believe EIG’s singular focus in providing capital to energy companies and energy-related infrastructure and resource projects represents a significant competitive advantage for the funds relative to the other energy capital providers.”
“Our 33-years of experience in the energy sector give us confidence that now is an attractive time to create the funds to take advantage of the energy market fundamentals,” said R. Blair Thomas, chief executive officer of EIG. “The demand for capital in the sector is vast, and EIG is uniquely positioned to capture the opportunities this demand creates due to our global platform, track record, and ability to invest in all aspects of the energy value chain.”
Triloma Financial Group is a private investment management firm providing individuals with alternative investment opportunities. Triloma manages and sponsors a group of private and publicly-offered investment programs focused on private equity, real estate and energy investments. The company is headquartered in Winter Park, Florida.
EIG specializes in private investments in energy and energy-related infrastructure on a global basis and had $14.8 billion under management as of March 31, 2015. During its 33-year history, EIG has invested in excess of $21.4 billion in the sector in more than 300 projects or companies in 35 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.