SOURCE: Triloma

August 04, 2015 09:00 ET

Triloma EIG Global Energy Funds Declared Effective by the SEC

ORLANDO, FL and WASHINGTON, DC--(Marketwired - Aug 4, 2015) -  Triloma Financial Group ("Triloma") and EIG Global Energy Partners ("EIG") announce 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 (the "Funds") are now effective.

The Funds are unlisted investment companies that will invest primarily in a global portfolio of privately originated energy company and project debt.

The Funds are 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.

"We are thrilled to bring this unique product to market," said Barry Goff, managing director of Triloma. "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 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."

"We have a unique approach to shareholder liquidity that has driven an innovative dual-product structure for the Funds," said Deryck Harmer, president and chief executive officer of Triloma EIG Global Energy Fund and Triloma EIG Global Energy Term Fund I. "Specifically both Funds pursue an identical investment strategy and co-investment opportunities, while the Perpetual Fund is structured as an evergreen product and the Term Fund is structured with a finite life. We believe this new solution of customized liquidity provisions will be well received by the market in light of the current regulatory and competitive environment."

About Triloma EIG Global Energy Fund and Triloma EIG Global Energy Term Fund I

Triloma EIG Global Energy Fund and Triloma EIG Global Energy Term Fund I (the "Funds") are unlisted investment companies that invest primarily in a global portfolio of privately originated energy company and project debt. Their investment objectives will be to provide shareholders with current income, capital preservation and, to a lesser extent, long term capital appreciation. The Funds will be managed by Triloma Energy Advisors and EIG Credit Management Company, and offer individuals an opportunity to invest in U.S. and non-U.S. energy companies and projects, in many instances alongside institutional investors.

About Triloma

Triloma Financial Group is a private investment management firm providing individuals with unique 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. Triloma specializes in thorough research, unparalleled access, powerful partnerships and impeccable service. Triloma is headquartered in Winter Park, Florida. For additional information, please visit www.triloma.com

About EIG

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 over $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. For more information, visit www.eigpartners.com.

This is not an offer. The offering of Triloma EIG Global Energy Fund and Triloma EIG Global Energy Term Fund I (collectively, the "Funds") common stock can be made solely by means of a written prospectus forming part of the effective registration statement. The prospectuses, which are available at http://www.sec.gov, contain important information about the Funds. Prospective investors should read the prospectus carefully before investing. Investors are advised to consider the investment objectives, risks, charges and expenses of the Funds carefully before investing. There can be no assurance that the Funds will achieve their investment objectives.

This press release is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer and sale is not permitted.

This press release may contain forward-looking statements identified by the use of words such as "outlook," "indicator," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Triloma, EIG and the Funds believe these factors include but are not limited to those described under the section entitled "Risk Factors" in the Funds' registration statements, as such factors may be updated from time to time in its periodic filings with the Securities and Exchange Commission which are accessible on the SEC's website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Funds' filings. Triloma, EIG and the Funds assume no obligation to update or supplement forward‐looking statements that become untrue because of subsequent events or circumstances.

Triloma Securities, LLC, member FINRA/SIPC, and Triloma Energy Advisors, LLC are wholly-owned subsidiaries of Triloma Financial Group. Triloma Securities, LLC and EIG Credit Management Company are not affiliated. Securities offered by Triloma Securities, LLC.

Contact Information

  • Triloma Media Contact
    Lauren Bowes
    Findsome & Winmore for Triloma
    Email Contact
    407-722-7843

    EIG Media Contact
    Sabrina Husain
    APCO Worldwide
    Email Contact
    202-446-1157