Many savvy investors have been looking for opportunities in the energy sector given the sharp decline in oil prices. In June of 2014 oil was trading for over $100 per barrel, today that same barrel is closer to $30. In this meeting, the South Coast Team will help demystify why prices have fallen over 70% in such a short period of time and where we think the price is headed in 2016 and beyond.
Andy Marrone with Frankin Square will be joining us to discuss opportunities Franklin Square has uncovered in the energy sector as well as others focusing on the debt side of the equation. We will spend some time discussing the FS Energy & Power Fund (FSEP), a non-traded business development company (BDC) designed to provide investors a combination of income, growth and diversification by investing primarily in the debt and income-oriented securities of private U.S. energy and power companies. The FSEP portfolio is comprised of over $4.0 billion in private and public securities spread across 105 portfolio companies. With a current yield of 10.19%, FSEP has a compelling story. Register today to join us for this in depth discussion on the energy sector.