Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

22990

Tortoise launches North American energy infrastructure fund

RELATED TOPICS​

Tortoise Capital Advisors, an investment manager specialising in listed energy investing, has launched the Tortoise North American Energy Infrastructure Fund, a UCITS fund domiciled in Luxembourg.

The fund invests in North American pipeline companies, including master limited partnership (MLP)-related securities. 
 
“The fund focuses on the large and diverse North American pipeline universe, providing access to the sizeable pipeline network of one of the world’s largest producers and consumers of energy,” says Brent Newcomb, a director at Tortoise. “We are pleased to make this strategy accessible to investors outside of the US.”
 
The strategy for the Tortoise North American Energy Infrastructure Fund is based on Tortoise’s US mutual fund, Tortoise MLP & Pipeline Fund, which was launched in 2011 and invests in MLPs and MLP-related securities.
 
The UCITS fund offers institutional and retail share classes in three currencies, USD, EUR and CHF. Minimum investment levels for the fund are set at USD2,500 for retail investors and USD1,000,000 for institutional investors.
 
“We believe the current investment opportunity is particularly attractive given valuations, industry fundamentals and the industry growth trends,” says Tortoise portfolio manager Brian Kessens. “This growth potential starts with energy production, leading to increased energy transportation needs, including exports of low cost energy from the US to the rest of the world.”

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by