Goldman Sachs Asset Management to Host an Update Call Following the FERC’s Recent Policy Announcement Regarding MLPs

NEW YORK--()--Goldman Sachs Asset Management (“GSAM”) will host a conference call for the Goldman Sachs MLP Income Opportunities Fund (NYSE:GMZ) and Goldman Sachs MLP and Energy Renaissance Fund (NYSE:GER) (together, the “Funds”) on March 28, 2018 at 4:15 PM EDT. The call will feature Kyri Loupis, Head of the Energy and Infrastructure team at GSAM, along with Portfolio Managers Ganesh Jois and Matthew Cooper. The call will cover recent policy changes announced by the Federal Energy Regulatory Commission (“FERC”) on March 15, 2018 and its potential impact to MLPs and the energy infrastructure sector.

The live webcast can be accessed via the web portal using conference ID: mlpupdate2018. Questions may be submitted via the webcast during the call.

Dial In Number: 1-888-205-6648
Conference ID: 5329461

In addition, portfolio holdings as of December 31, 2017, as well as additional information regarding each Fund, can be accessed through the GSAM Closed-End Fund landing page at www.GSAMFUNDS.com/cef.

The Funds

Each Fund is a non-diversified, closed-end management investment company managed by GSAM’s Energy & Infrastructure Team, which is among the industry’s largest MLP investment groups. The Goldman Sachs MLP Income Opportunities Fund began trading on the NYSE on November 25, 2013, and the Goldman Sachs MLP and Energy Renaissance Fund began trading on the NYSE on September 26, 2014.

Each Fund seeks a high level of total return with an emphasis on current distributions to shareholders. The Goldman Sachs MLP Income Opportunities Fund invests primarily in MLP investments. The Goldman Sachs MLP and Energy Renaissance Fund invests primarily in MLPs and other energy investments. Each Fund currently expects to concentrate its investments in the energy sector, with an emphasis on midstream MLP investments. The Goldman Sachs MLP and Energy Renaissance Fund invests across the energy value chain, including upstream, midstream and downstream investments.

About Goldman Sachs Asset Management, L.P.

GSAM is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), and supervises $1.29 trillion as of December 31, 2017.1 GSAM has been providing discretionary investment advisory services since 1988 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

1 Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion.

Disclosures

Shares of closed-end investment companies frequently trade at a discount from their net asset value (“NAV”), which may increase investors’ risk of loss. At the time of sale, an investor’s shares may have a market price that is above or below NAV, and may be worth more or less than the original investment. There is no assurance that a Fund will meet its investment objective. Past performance does not guarantee future results. Investments in securities of MLPs involve risks that differ from investments in common stock, including among others risks related to limited control and limited rights to vote on matters affecting MLPs, potential conflicts of interest risk, cash flow risks, dilution risks and trading risks.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security. Each Fund has completed its initial public offering. Investors should consider their investment goals, time horizons and risk tolerance before investing in a Fund. An investment in a Fund is not appropriate for all investors, and the Funds are not intended to be a complete investment program. Investors should carefully review and consider a Fund’s investment objective, risks, charges and expenses before investing.

Forward-Looking Statements

This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “target,” “estimate,” “intend,” “continue,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements represent the Funds’ belief regarding future events that, by their nature, are uncertain and outside of the Funds’ control. We believe that it is important to communicate our future expectations to our investors. There are likely to be events in the future, however, that we are not able to predict accurately or control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For additional information, please visit the Funds’ website at www.GSAMFUNDS.com/cef.

Compliance Code: 126183-OTU

Date of First Use: March 26, 2018

Contacts

For Goldman Sachs Asset Management
Media:
Andrew Williams, 212-902-5400
or
Investors:
Immanuel Tan, 917-343-3375

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