In this environment it’s not easy, but Alerian’s Stacey Morris believes it’s still possible with a willing parent.
Today’s Forty Under 40 honoree is Bradley Epstein, a Citigroup director who has been a part of numerous transactions in “the changing landscape of MLPs and midstream infrastructure companies.”
Remember this when going public: It’s a clean slate and what transpired as a private company no longer matters.
The partnership organizational structure is strong and continues to work well for both the energy industry and investors, the chief of the MLP trade association told attendees at Hart Energy’s Midstream Finance conference.
As U.S. midstream companies look to build infrastructure to deal with growing global demand, there will be a need to lure non-traditional investors to the table.
Master limited partnerships have been a midstream mainstay but they, like the rest of the sector, are undergoing major changes in response to the financial markets and new regulations in Washington.
The midstream has faced significant capital hurdles in recent years. Do MLPs continue to have a role in the sector? What is the role of private equity? How can midstream operators draw Wall Street’s interest again? Hear the views of one of the sector’s major thought leaders.