NEWS & INSIGHTS
AMG Announces Investment in EIG Global Energy Partners, William C. Sonneborn Appointed President of EIG
BOSTON AND WASHINGTON, D.C., March 28, 2014 – Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company, and EIG Global Energy Partners, LLC (“EIG”) announced today that AMG is acquiring an equity interest in EIG. EIG’s management team continues to hold a majority of the equity in the company, and consistent with AMG’s partnership approach, will retain operating autonomy of the business. EIG also announced today that William C. Sonneborn has been appointed President of EIG effective May 5, 2014.
Ronnie Hawkins Joins EIG Global Energy Partners, Industry Veteran to Lead International Investment Activities
WASHINGTON, D.C., December 5, 2013 — EIG Global Energy Partners (EIG) today announced that Ronnie Hawkins will join the firm as a Managing Director, effective January 6, 2014. As a senior member of EIG’s investment team, Hawkins will lead the firm’s efforts to identify, execute and manage energy investments outside the United States.
EIG Holds Final Closing of Energy Fund XVI: $6 billion raised in latest EIG flagship Energy Fund
WASHINGTON, DC, December 2, 2013 — EIG Global Energy Partners (EIG) today announced the successful final close of Energy Fund XVI (Fund XVI), the firm’s most recent flagship investment fund. Fund XVI is the largest fund in EIG’s history and includes capital commitments from 150 limited partners from 18 countries. Institutional investors domiciled outside the U.S. represent more than 40% of total capital commitments.
EIG Global Energy Partners Opens New Office in Hong Kong
Washington-based EIG Global Energy Partners (EIG), a leading institutional investor to the global energy sector, today announced the opening of its Hong Kong office, its first in Asia and fifth around the globe.
EIG Global Energy Partners Announces Sale of Minority Interest to CIC
WASHINGTON, D.C. – February 1, 2012 – EIG Global Energy Partners (EIG) today announced a definitive agreement in which EIG and the China Investment Corporation (CIC) have entered into a transaction for a purchase of a stake in EIG. The minority investment includes no associated voting rights and is subject to certain protective rights. CIC is also an investor in EIG-managed funds.
EIG Global Energy Partners to Open New Office in Hong Kong
WASHINGTON, D.C. – November 8, 2011 – EIG Global Energy Partners (EIG) today announced the opening of its fifth office, to be established in Hong Kong in early 2012. The new Hong Kong office will strategically position EIG to take advantage of opportunities for investments in energy, resources and related infrastructure fueled by demand growth in Asia. “Non-OECD countries are projected to account for 90 percent of the growth in global energy demand by 2035.
EIG Forms Independent Asset Management Firm
Formerly part of TCW, group that is leading institutional provider of capital to the energy sector completes consensual divestiture into new company WASHINGTON, DC, Jan 4 — EIG Global Energy Partners, LLC (EIG), formerly the Energy & Infrastructure Group at Trust Company of the West (TCW), today announced its separation from TCW to become an […]