Fenergo, the industry standard for Client Lifecycle Management software solutions for investment, private and corporate banks has today announced that Spencer G. Lake, a former Vice Chairman of HSBC Global Banking and Markets, has joined its Board of Directors in the capacity of Vice Chairman.

“I am delighted to welcome Spencer to Fenergo’s Board,” said Marc Murphy, Fenergo CEO. “Spencer brings a huge amount of experience having built a successful career in investment banking over the last 29 years. Spencer will help steer Fenergo through our next stage of growth and I know that Fenergo will benefit greatly from his deep industry experience.”

Most recently, Spencer was Vice Chairman of HSBC Global Banking & Markets. During his decade-long tenure with HSBC, Spencer held several global senior roles in HSBC in areas such as running Debt Capital Markets and Acquisition Finance for four years; Global Markets (including FICC, equities and research) for three years; and Capital Financing (structured and unstructured lending, financing and investment banking products) for three years. Prior to HSBC, Spencer spent 17 years in Merrill Lynch in senior roles spanning real estate finance, investment banking, and debt capital markets across New York, Hong Kong and London. Before Merrill Lynch, Spencer worked for two years at JP Morgan in real estate investment banking.

In addition to Fenergo Spencer currently serves as Chairman of the Board of the International Capital Market Association, having been a member since 2011, and is helping a few other small companies in their growth strategies.

Spencer holds a B.A. in International Finance and Marketing from Suffolk University, Massachusetts and an M.B.A. from New York University's Stern School of Business.

– Ends –

About Fenergo (www.fenergo.com):

Fenergo is a leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks. Its solutions help institutions to efficiently manage the end-to-end regulatory onboarding and entity data management processes. Its rules-driven solution ensures compliance with multiple regulatory frameworks and supports the collection, centralization and sharing of client and counterparty data and documentation across the institution. By expediting compliance and improving operational efficiencies, Fenergo’s solutions can onboard clients faster, improve time to revenue and overall client experience. Fenergo’s recent accolades include: Chartis RiskTech100™ (third consecutive year, rising 25 places in 2017); Top Performer in RegTech Performance (Banking Technology / MarketFintech, 2016); Best Compliance Product (Sell-Side Technology Awards 2016), FinTech Forward Company to Watch (American Banker, 2015), Chartis RiskTech100® (2016 and 2015) and Best Enterprise Data Management Initiative (Inside Reference Data, 2014).

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Russell Reynolds Associates, a leading global executive search and leadership advisory firm, announced that Peter Drummond-Hay has been honored as the 2017 recipient of the Association of Executive Search Consultants (AESC) Lifetime Achievement Award. Based in Singapore, Drummond-Hay’s career spans over 35 years of leadership experience with Russell Reynolds Associates. Most recently, he led the firm's business in Asia/Pacific and held leadership roles in New York, Europe, Canada and Latin America. He launched the firm’s Business and Professional Services and Leadership and Succession practices and led the Financial Services team.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170412005283/en/

Peter Drummond-Hay, Russell Reynolds Associates, and Karen Greenbaum, AESC President & CEO. (Photo Credit: AESC)

“I am pleased to congratulate Peter for receiving the AESC Lifetime Achievement Award. This is the most prestigious award from the AESC and honors those who embody the highest standards of work and ethical practices in our industry,” said Clarke Murphy, Chief Executive Officer of Russell Reynolds Associates. “Peter has made a tremendous impact on our firm—and our culture—by mentoring many consultants who went on to be and currently are leaders themselves,” said Murphy.

Drummond-Hay is a member of the firm's Leadership and Succession and Financial Services practices. He conducts senior management and board of director searches more broadly, as well as assists clients in succession management and in the assessment of their boards and leadership teams.

He is a trustee of the University of St. Andrews American Foundation. He is a former board member of British American Business, Restless Development USA and the New Canaan (Conn.) Country School.

Drummond-Hay received his B.A. and M.A. degrees in history from Trinity College, Cambridge University.

About Russell Reynolds Associates

Russell Reynolds Associates is a global leader in assessment, executive search and succession planning for boards of directors, chief executive officers and key roles within the C-suite. With more than 400 consultants in 47 offices around the world, we work closely with public, private and nonprofit organizations across all industries and regions. We help our clients build teams of transformational leaders who can meet today’s challenges and anticipate the digital, economic, environmental and political trends that are reshaping the global business environment.

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Bank of America reported its first-quarter 2017 financial results today.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170418005759/en/

The news release, supplemental filing and investor presentation can be accessed in the following ways:

• Bank of America newsroom at http://newsroom.bankofamerica.com.
• Bank of America Investor Relations website at http://investor.bankofamerica.com.
• Business Wire’s news webpage at http://www.businesswire.com/portal/site/home/news.

Investor Conference Call information

Bank of America Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the company’s results in a conference call at 8:30 a.m. ET today. For a listen-only connection to the investor presentation, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international). The conference ID is 79795.

Please dial in 10 minutes prior to the start of the call. Investors can also listen to a live audio webcast of the conference call and view the presentation slides by visiting the Events & Presentations section of the company’s Investor Relations website.

Replay information for Investor Conference Call

Investors can access replays of the conference call by visiting the Investor Relations website or by calling1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon ET on April 18, through 11:59 p.m. ET on April 25.

Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning digital banking with approximately 35 million active users and more than 22 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE:BAC) is listed on the New York Stock Exchange.

Visit the Bank of America newsroom for more Bank of America news, and click here to register for news email alerts.

www.bankofamerica.com

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• To improve your score, repay your balances and try to keep them low at all point of time
•  Even if you clear the full balance every month but your utilization is higher the credit score might be impacted. Hence, you need to keep the necessary checks and balances on the spends
• Also, some of the lenders assess you through the balance reported to the bureau, so it becomes necessary for you to keep the spending in limit

• Set reminders to pay your credit card bill because even one single default can impact your CIBIL score
• Make necessary arrangements to pay your all you EMIs on time

• Taking loan for a longer period and paying your EMI’s on time has a positive impact on your credit score
• Paying debt on time for a longer duration builds the repayment history stronger and better

• Lenders check your CIBIL score every time you apply for a new loan
• Reducing the frequency of new loan application will help in maintaining the credit score

• Timely servicing a mix of secured and unsecured loan will help in improving your financial history
• A mix of Personal Loan and mortgage loan is a healthy mix and if it's paid off timely your credit score recovers and improves considerably

The Western Union Company (NYSE: WU), a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money to more than 200 countries and territories across 130 currencies. The announcement was made at the F8 Facebook Developer Conference in San Jose, California.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170418006499/en/

Western Union has developed a money transfer bot for Messenger, which offers a simple, seamless experience for those who want to move money to almost anywhere in the world. The entire experience occurs within the Western Union cross-border money transfer platform which is embedded inside Messenger.

The funds can be received into billions of bank accounts around the world or in cash at half a million global retail Agent locations from the world’s largest metro areas to remote villages. More than 1.2 billion people around the world use Messenger every month.

Messenger users in the U.S. will have access to Western Union’s industry-leading digital and retail cross-border money transfer platform, as well as many innovative features including access to real-time foreign exchange rates and automated customer support. The Western Union bot for Messenger enables a digital-and-physical gateway for money movement, bringing access, convenience and leading-edge technology to U.S. consumers.

“Western Union’s global money movement platform—trusted by millions of customers worldwide—can now be accessed through the world’s largest social network platform by users in the U.S., enabling convenience, access and simplicity to further connect individuals and communities all over the world,” said Odilon Almeida, President, Global Money Transfer at Western Union.

“The Messenger platform allows Western Union to interact with our U.S. customers where they are, when they need us, in the most natural, conversational way,” he added.

“Our Messenger community in the U.S. can now connect with the rest of the world via Western Union’s services—either digitally or to a physical location—when sending money,” said David Marcus, Vice President of Messenger. “We are thrilled that the Western Union money transfer bot for Messenger is launching today.”

WU-G

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of December 31, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 550,000 Agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2016, The Western Union Company completed 268 million consumer-to-consumer transactions worldwide, moving $80 billion of principal between consumers, and 523 million business payments. For more information, visit www.westernunion.com.

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MoHala Enterprises, doing business as Sundial Consulting, and Andersen Tax announced that they have reached an amicable settlement to a trademark infringement dispute that began in March, 2017. Although the specific terms of the resolution are confidential, MoHala Enterprises d/b/a Sundial Consulting has agreed never to use the terms “Andersen” or “Arthur Andersen” to promote its professional services consultancy, and has withdrawn its membership as an affiliate of the French society calling itself “Arthur Andersen & Co.” Sundial Consulting will also be dissolving Arthur Andersen LLP, a California limited liability partnership it previously formed for purposes of serving as the U.S. member and affiliate of this French society. Andersen Tax, which is the owner of multiple trademark registrations incorporating the name “Andersen” for tax and business consultation services around the world, filed suit against MoHala Enterprises based upon those rights last month, resulting in today’s announced settlement.

For more information, contact Oscar Alcantara, Trademark Counsel at Andersen Tax.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170419006366/en/

Lombard International, a global leader in wealth structuring solutions, today announced the appointment of Sandra Locke to the new role of Executive Vice President, Global Director of Human Resources

In this role, Sandra will be responsible for developing the global HR strategy. Reporting to John Hillman, Executive Chairman, she will be partnering with the leadership teams in Europe, the US, Latin America and Asia to ensure that Lombard International’s Human Capital initiatives are aligned with our global goals.

Sandra joins from Guy Carpenter, part of Marsh & McLennan, where she was Managing Director, Global Head of Human Resources, and a member of the Executive Committee, responsible for their human capital strategy.

John Hillman, Executive Chairman of Lombard International, said: “Sandy will be a great asset to our leadership team. Her exceptional operational and strategic HR skills will be invaluable to the business as we execute the next phase of our growth strategy across Europe, the US, Latin America and Asia. Moreover, this appointment underlines our commitment to developing a dynamic and engaging workplace culture which emphasizes personal accountability and rewards high performance.”

Sandra Locke commented “I am excited to be joining Lombard International at such an interesting time. I am looking forward to helping to grow the business across the different regions and cement a culture which values and supports all colleagues in delivering expertise and excellent service to our partners and clients around the world."

About Lombard International

Lombard International is a leading global life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 25 years’ experience and market leadership in their respective fields. Lombard International provides wealth structuring solutions using private placement life insurance and annuity products to high net worth individuals, their families and institutions around the globe.

The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients’ complex needs on a global basis while being sensitive to local cultures and attitudes. The firm is an industry leader in providing multi-jurisdictional wealth planning solutions through its partner networks across the United States, Europe, Asia and Latin America.

Global assets under administration are in excess of €77 billion with a global staff number of over 600, including more than 60 technical experts specializing in 20+ jurisdictions. Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading investment firms with assets under management of over USD 367 billion.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170425005174/en/

Mech Mocha founders: (From left) Arpita Kapoor, Shilp Gupta, Mohit Rangaraju

• After global investments in Rovio (‘Angry Birds’) and Supercell (‘Clash of Clans’), Accel Partners invests in Bangalore-based gaming start-up Mech Mocha
• Shunwei Capital’s investments in Mech Mocha follows focus on disruption-led tech start-ups in India
• In December 2015, Mech Mocha raised $1 million seed round funding led by Blume Ventures and Flipkart

On May 1, 2017, High Street Real Estate Fund V, L.P. (the “Fund”) held its final close, reaching its hard cap with total equity commitments of $353 million. Utilizing targeted leverage of 50%, the Fund will seek to acquire approximately $700 million of assets in its target markets.

High Street Realty Company, LLC (“High Street”) formed the Fund to continue its successful strategy of acquiring smaller warehouse distribution assets in the eastern two-thirds of the United States, with a specific focus on Class A and B infill properties fulfilling regional and “last mile” logistics requirements for its tenants. The Fund targets primary distribution markets, including Chicago, Northern New Jersey, Central Pennsylvania, Atlanta, Florida and Texas.

The Fund attracted capital from existing investors and several new top-tier, institutional investor relationships. Investors in the Fund include insurance companies, public and corporate pension funds, foundations and other institutional investors from the United States and Europe.

To date, the Fund has acquired 19 assets that, in aggregate, represent approximately 34% of the Fund’s total commitments. The Fund’s investors are benefiting from the Fund’s focused strategy and High Street’s efficient execution, which allowed for the rapid deployment of a significant portion of the Fund’s capital during the fundraising period.

Accord Capital Partners LLC, along with its affiliate Accord Europe Limited, served as exclusive global capital advisor to High Street.

ABOUT HIGH STREET REALTY COMPANY, LLC

High Street Realty Company, LLC is a recognized private equity real estate investment management company focused exclusively on institutional quality industrial assets in major markets across the eastern two-thirds of the United States. With extensive expertise across all facets of real estate acquisition, finance, development, operations, disposition, portfolio and asset management, it is an experienced, institutional and hands-on operator committed to providing both outstanding service to its tenants and superior risk-adjusted returns to its investors. For further information on the High Street platform, visit: www.hsrealtyco.com/.

ABOUT ACCORD CAPITAL PARTNERS LLC

With headquarters in San Francisco and additional offices in Chicago and London, Accord Group Holdings LLC (“Accord”) harnesses a powerful combination of capital markets, investment management and principal investment capabilities for a wide variety of participants in the real estate private equity industry globally. Through Accord Capital Partners LLC, its broker/dealer affiliate in the United States, Accord provides advisory and capital raising services to its clients. For further information on Accord, visit: www.accord-group.net.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170502006554/en/

Fenergo, the leading provider of Regulatory Onboarding, Entity Data Management and Client Lifecycle Management software solutions for institutional, corporate and private banks, has today announced that the HSBC Group has deployed its award-winning Client Lifecycle Management platform across its Global Banking and Markets division.

Through implementing Fenergo’s Client Lifecycle Management solution, HSBC is able to digitalize the client onboarding journey across multiple jurisdictions, leveraging a common platform that ensures global compliance, improves operational efficiencies, expedites onboarding times and enhances time to revenue / overall client experience.

Marc Murphy, Fenergo CEO, said, “We are delighted to welcome HSBC to our growing family of clients. As the global industry standard for Client Lifecycle Management, Fenergo remains at the forefront of the “perfect storm”, protecting financial institutions from the impacts of increasing regulatory demands by working closely with our clients to develop and deliver solutions that improve how and with whom they do business. By integrating with a number of industry and AML data providers, as well as KYC utilities, our solutions can consume, process and route this data to all internal and downstream trading systems. This creates a true single view of the client, enabling a true end-to-end Regulatory Onboarding and Client Lifecycle Management process, all on a single platform. This is what makes Fenergo different”.

– Ends –

About Fenergo (www.fenergo.com):

Fenergo is a leading provider of Client Lifecycle Management software solutions for investment, corporate and private banks. Its solutions help institutions to efficiently manage the end-to-end regulatory onboarding and entity data management processes. Its rules-driven solution ensures compliance with multiple regulatory frameworks and supports the collection, centralization and sharing of client and counterparty data and documentation across the institution. By expediting compliance and improving operational efficiencies, Fenergo’s solutions can onboard clients faster, improve time to revenue and overall client experience. Fenergo’s recent accolades include: Chartis RiskTech100™ (third consecutive year, rising 25 places in 2017); Top Performer in RegTech Performance (Banking Technology / MarketFintech, 2016); Best Compliance Product (Sell-Side Technology Awards 2016), FinTech Forward Company to Watch (American Banker, 2015), Chartis RiskTech100® (2016 and 2015) and Best Enterprise Data Management Initiative (Inside Reference Data, 2014).

View source version on businesswire.com: http://www.businesswire.com/news/home/20170502006413/en/

UAE Exchange invites creative minds to be entrepreneurs

1. Free Office Space with free electricity and other services
2. Free infrastructure including computer
3. Free Internet and with high speed lease line
4. Free Space in cloud to store their data and applications
5. Free Testing server for their applications
6. Monthly stipend for first six months to tide over the initial start-up period
7. Free Mentoring and training depending on requirements and based on availability of resources

Following a brilliant first edition in Cannes last year, TRUSTECH Pay, Identify, Connect & Secure – will bring together once again the entire payments and identification ecosystem in the Palais des Festivals de Cannes, 28^th to 30^th November 2017.

The event was first held over thirty years ago under the name «Cartes Secure Connexions», to promote the newborn technology of smartcards. In 2016, it is re-named TRUSTECH to better reflect the way the industry and the event have evolved, and its focus on trust-based technologies.

More than ever, this event is a unique opportunity to meet the whole ecosystem and get an insight into the latest innovations in payments and identification industries.

350+ exhibitors and sponsors are expected – either to present their latest innovations on their stand or to pitch on the Innovation Stage. Among those who have already confirmed their participation: Be2bill, Dermalog, Ingenico, Matica, NBS Technologies, Next Biometrics, NXP Semiconductors, Otto Kuennecke, Spire Payments, Thales E-Security, Verifone, … and many more!

250+ international speakers will share their insights – as Chris VALASEK, Security Lead at UBER, who already confirmed his keynote. He will share his vision of the IoT’s future, and how to reconcile connected objects/cars with security.

TRUSTECH 2017, « BUSINESS BEYOND BORDERS »

The “Business Beyond Borders” initiative was launched by the European Commission to help small and medium enterprises develop their business internationally. In this context, TRUSTECH was chosen to organize free of charge business meetings for all its attendees (exhibitors, sponsors, visitors and delegates) with more than 3500 international buyers.

More information and press pass onwww.trustech-event.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20170503005614/en/

In a significant trademark decision, the High Court of Judicature in Bombay, India has ruled against two international firms for illegally infringing on the trademark rights of Andersen Tax, which owns the iconic brand name Andersen in India and other jurisdictions around the world.

The court ruled in favor of Andersen Tax on April 28, 2017 against International Business Associates (IBA) by imposing a permanent injunction restricting IBA from using the terms “Andersen,” “Arthur Andersen” and confusingly similar trademarks to promote its professional services consultancy.

Furthermore, the court handed down a preliminary injunction against a French firm known as Arthur Andersen & Co. (formerly known as “Quatre Juillet Maison Blanche”), temporarily prohibiting it from using the trademarks “Andersen” and “Arthur Andersen” to promote consultancy services in India. IBA had aligned itself with the French firm as an affiliate member of its network in India.

It is the second legal decision in less than six weeks against firms illegally using the Andersen name in affiliation with the French firm. In April, the United States District Court for the Northern District of California entered a consent-injunction prohibiting U.S-affiliate MoHala Enterprises, doing business as Sundial Consulting, from using the terms “Andersen” or “Arthur Andersen” in the United States.

“Andersen Tax will enforce its legal rights vigorously around the world to protect its ownership of the Andersen name,” said Mark Vorstaz, CEO and Managing Director at Andersen Tax.

Andersen Tax, which owns multiple trademark filings incorporating the name “Andersen” for tax and legal services in 95 countries, filed suit against International Business Associates in April 2017.

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The finalists for 2017 Benzinga Global Fintech Awards have been announced and Finvasia has been nominated as a finalist for this premier award event. Finvasia is India’s only Fintech company to be nominated as Finalist for these awards. As an Exhibitor of this event, the company will be showcasing its upcoming Artificial Intelligence based products SMART and SCALPERT, an advanced Charting and Trading platform during the demo sessions. This event will also see the company becoming India’s first and only NSE commercial clearing member that offers ZERO Clearing and Trading services all Foreign Portfolio Investors (previously known as FPIs, Foreign Institutional Investor).

In its third year, Benzinga Global Fintech Awards are dedicated to celebrate the accomplishments of the disruptive businesses and innovators reshaping the capital markets around the world. With over 350 nominations, the winners will be selected by a panel of expert judges from a pool of 225 finalists. The finalists will be ranked by the judging panel, comprising of over 30 leaders from every Fintech vertical, in terms of how innovative their products are and their potential to reshape the finance industry.

Winners will be announced at the event on 11^th of May, 2017. Over 500 Fintech influencers and innovators will gather in New York City to celebrate the achievements of the dynamic people and Fintech businesses from across the globe. Various executives from Press and Media such as WSJ, Forbes, Business Insider, Entrepreneur, Bloomberg, CNBC as well as various Venture Capitalists, PE and industry leaders will grace the event. 50 Fintech companies will exhibit their products and offering to an audience of Founders, C-Suite executives, directors of some of the biggest Fintech companies, brokerages, banks, Quants, hedge funds, VCs and more. The conference with commence with panel discussions and product demo sessions by few Fintech companies, followed by the awards ceremony and networking dinner.

Speaking about the event, Tajinder Singh (Natty Virk) CEO and Sarvjeet Singh Virk, (Managing Director) Finvasia said “We’re pleased and excited to be part of the Benzinga Fintech Awards. The event will provide us a strong voice and vital network to show the global Fintech community how digital India is transforming the financial sector. With more retail investors looking to diversify their portfolio, AI and Robo-advisory combined with machine learning tools shall widen their options to new opportunities. We plan to exhibit and give demo of our various Fintech products ranging from digital account, in-house charting & trading software along with other AI based platforms. The best part is Everything at Zero commission”.

“India being one of the fast moving Fintech spaces, we are looking forward to see the innovation and disruptive ideas to be shared. Our mission is to bring together the most provocative thought leaders, innovative start-ups, and global superpowers to discuss & showcase the changes that are rapidly transforming capital markets. The event is even larger this year with over 200 start-ups in attendance and an array of innovative institutions”, said Jason Raznick, CEO Benzinga.

2017 Benzinga Global Fintech Awards planned at Tribeca 360, New York City (USA) on 11^th May 2017, will host various speakers and special invitees from the financial industry across the globe. 

• Finvasia received Foreign Direct Investment (FDI) funding from global Venture Capitalists against a valuation of USD 22 Million in our pre-launch phase.
• Beginning 15th August 2016, Finvasia established itself as India’s first and only broker that offers Brokerage Free trading to retail clients. The company offers Zero brokerage trading in all segments on NSE, BSE, MCX exchanges
• The company is India’s first Clearing House providing FREE Clearing services to all FPI Clients in NSE derivative segments.
• Finvasia introduced India’s fastest account opening process that takes 5 Minutes to open an account using SEBI approved esign process.
• The company will be shortly launching its Artificial Intelligence based products: SMART and SCALPERT

EIG Global Energy Partners (EIG) announced the successful final close of Global Private Debt Fund (GPF IV), a continuation of the firm’s market-leading platform for energy and infrastructure credit and direct lending. Launched in February 2015, GPF IV had a first closing in October 2015 and has completed five investments to date, including two full realizations. Funds raised from institutional investors domiciled outside of the US represent 68% of capital commitments, reflective of the global nature of EIG’s business. With the closing of GPF IV, EIG continues its unique expertise in specialized direct lending to energy and energy-related infrastructure projects and companies on a global basis.

EIG CEO R. Blair Thomas said, “We are pleased by the trust our limited partners and consultant partners have placed in us and grateful for their confidence at the close of GPF IV. This successful outcome is notable particularly in light of the 71% decline in the price of oil that occurred in the midst of fundraising and is a testament to EIG’s unique expertise in specialized direct lending across the energy value chain globally. With EIG’s deep origination platform, we believe that we are well-positioned to meet the continued demand for capital for energy infrastructure and to continue to fill the void left by traditional lenders operating under regulatory constraints. We believe that strong market fundamentals are encouraging additional investment, and with our seasoned team, track record and expansive global platform, EIG is poised to take advantage of the many opportunities that our market currently affords.”

EIG’s lead placement agent for GPF IV was Credit Suisse and legal counsel was Debevoise & Plimpton LLP.

About EIG

EIG Global Energy Partners specializes in private investments in energy and energy-related infrastructure on a global basis and has $15.1 billion under management as of March 31, 2017. Since 1982, EIG has been one of the leading providers of institutional capital to the global energy industry, providing financing solutions across the balance sheet for companies and projects in the oil and gas, midstream, infrastructure, power and renewables sectors globally. EIG has invested $23.7 billion in 317 portfolio investments in 36 countries. EIG is headquartered in Washington, D.C., with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For more information, please visit www.eigpartners.com.

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