Goldman Sachs Asset Management Announces Final Liquidating Distribution of $0.291 Per Share for Goldman Sachs MLP and Energy Renaissance Fund
Article content
NEW YORK — Goldman Sachs Asset Management is announcing the final liquidating distribution of $0.291 per common share of the Goldman Sachs MLP and Energy Renaissance Fund (the 'Fund'). Pursuant to the Fund's Plan of Liquidation and Dissolution previously announced on June 7, 2023, shareholders of the Fund as of the close of business on July 10, 2023 will be entitled to receive the liquidating distribution. The liquidating distribution will be paid entirely in cash and will represent all of the Fund's remaining assets after satisfying all liabilities and obligations of the Fund. Distribution proceeds are expected to be disbursed on June 3, 2025.
Article content
Article content
Distributions may result in a taxable event for shareholders, depending on their individual circumstances. Shareholders should consult their own tax advisors about any tax liability resulting from the receipt of liquidation proceeds.
Article content
About Goldman Sachs Asset Management, L.P.
Article content
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market – overseeing approximately $3.2 trillion in assets under supervision worldwide as of March 31, 2025. Driven by a passion for our clients' performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Follow us on LinkedIn.
Article content
Date of First Use: May 30, 2025
Article content
1 Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion. AUS figure is as of March 31, 2025.
Article content
Article content
Article content
Article content
Contacts
Article content
Media Contact:
Victoria Zarella
Tel: 212-902-5400
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
2 hours ago
- Globe and Mail
TD Cowen Keeps Their Buy Rating on Gap Inc (GAP)
In a report released today, Jonna Kim from TD Cowen maintained a Buy rating on Gap Inc (GAP – Research Report). The company's shares closed today at $22.33. Confident Investing Starts Here: Kim covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Gap Inc, and Bath & Body Works. According to TipRanks, Kim has an average return of 21.7% and a 44.12% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gap Inc with a $28.33 average price target, implying a 26.90% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $27.00 price target. See Insiders' Hot Stocks on TipRanks >> Based on Gap Inc's latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $4.15 billion and a net profit of $206 million. In comparison, last year the company earned a revenue of $4.3 billion and had a net profit of $185 million Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GAP in relation to earlier this year. Most recently, in March 2025, Elisabeth B Donohue, a Director at GAP sold 3,539.00 shares for a total of $74,460.56.


CTV News
2 hours ago
- CTV News
‘We are bullish': Toronto tourism officials eyeing summer rebound despite drop in U.S. visitors
Emily Miller stops during her lunch break to take a selfie in front of giant letters spelling out Toronto, as workers set up for Pan Am Games public events in Nathan Phillips Square in central Toronto, Wednesday, July 8, 2015. (AP / Rebecca Blackwell) With just weeks to go until Toronto heats up with annual summer festivals and concerts, operators of tourist attractions say they're already feeling 'bullish' despite early signs that American visitors may be hesitating to make a trip up north. 'Overall, we are bullish on Toronto and on the tourism opportunity ahead of us right now,' Destination Toronto President and CEO Andrew Weir said. 'Certainly, in the first quarter this year, we saw small decline in visitation. There was a lot of noise, a lot of uncertainty about trade, around borders, and it just caused a lot of people to pause.' Despite the optimism, a new survey from the Tourism Industry Association of Ontario (TIAO) shows nearly one-third of Ontario businesses are already seeing fewer bookings from Americans—a crucial market that accounted for nearly 79 per cent of all international visits to Canada last year. The decline comes following a surge of growing patriotism with popular slogans like 'Buy Canadian' and 'Elbows Up' in addition to a souring relationship with the U.S. as President Donald Trump continues to suggest that Canada should become 'the 51st state.' Prime Minister Mark Carney and U.S. President Donald Trump engage in a meeting at the White House in Washington, D.C., Tuesday, May 6, 2025. THE CANADIAN PRESS/Adrian Wyld Prime Minister Mark Carney and U.S. President Donald Trump engage in a meeting at the White House in Washington, D.C., Tuesday, May 6, 2025. THE CANADIAN PRESS/Adrian Wyld American uncertainty, creating global opportunity In March, U.S. resident trips to Canada declined by about 6.6 per cent from the same time period in 2024, marking the first year-over-year decline since 2021, according to Statistics Canada. Arrivals by automobile were down 8.7 per cent in the month. On the other end, Canadians too have been hesitating travelling down south as recent data shows travelers took 35 per cent fewer trips in April this year. Still, Weir remains confident that the city can capitalize on shifting travel trends. 'At a time when demand for travel to the U.S. is down significantly… those travelers are going to look for alternate destinations, and what an opportunity that is for Canada and for Toronto specifically,' he said. 'It is a real opportunity for Toronto.' In an email to CTV News Toronto, a spokesperson for the CN Tower wrote said that it is 'hopeful travellers from around the world will take this opportunity to visit some of Canada's world class destinations, which offer unforgettable experiences as well as great value.' EDGEWALK Canadian Press reporter Alexandra Posadzki leans 1,168ft over Toronto's downtown while participating in a media preview of EdgeWalk on the CN Tower Wednesday, July 27, 2011. THE CANADIAN PRESS/Darren Calabrese (Darren Calabrese/The Canadian Press) Tourism is climbing — but not like 2019 Visitor numbers in Toronto have continued to recover from a pandemic low, with 400,000 more tourists arriving last year than in 2023, according to Destination Toronto. Still, the city remains about 600,000 visitors short of 2019 levels. Meanwhile, when it comes to spending by U.S travelers, Destination Toronto says numbers increased 10 per cent in 2024, though it still remains five per cent below pre-pandemic levels. That rebound, Weir says, has been helped in part by a stark increase in large meetings and conventions, which brought in nearly $619 million to the local economy last year. 'We think about summer travel as largely being leisure oriented… but there are a number of very large conventions that are coming to Toronto this year,' Weir said. 'It contributes to that diversification of the visitor mix, and that's so important as we plan for the future.' Summer hotel bookings already up Even though there was an early year slump, Weir emphasizes that people are already looking ahead to summertime in the GTA, noting hotel bookings are tracking ahead of years past. 'As we look to the summer months, we see hotel advance bookings are pacing ahead of last year for the summer,' Weir said. 'That's because after a period of slower travel demand, people rebound by traveling enthusiastically. We saw it after the pandemic.' Weir further explains that the poor first quarter 'does not necessarily constitute the beginning of a longer trend.' Instead, he suggests the dip was more of a temporary hesitation tied to the broader uncertainty happening across the world. 'What we're also doing is increasing our investment in some key overseas markets, particularly the UK, Germany and Mexico,' he said. 'In the current climate, some of which was unexpected… the opportunity is even greater because those travelers are looking away from the U.S. and looking for alternatives.' 'We still see a tremendous opportunity' Despite the ongoing political tensions, Destination Toronto says they haven't scaled back any effort to market in the U.S., noting it's still a 'tremendous opportunity.' 'The U.S. continues to be a very strategic and important market for us, and we've not reduced the effort in that market at all,' said Weir. 'We still see a tremendous opportunity there.' Toronto Caribana Parade Mas bands and pedestrians revel in the music as they walk the parade route at the Toronto Caribbean Carnival's grand parade, in Toronto on Saturday, July 30, 2016. THE CANADIAN PRESS/Cole Burston (COLE BURSTON/THE CANADIAN PRESS) For the city, the summer calendar already looks jam packed with annual high-profile events, such as Pride Toronto, the Caribbean Carnival, Salsa in Toronto, and an expected return of Drake's star studded OVO Fest. 'If American visitation were to decline, we'd become more dependent on domestic and international,' Weir added. 'But that diversification is exactly what positions Toronto for long-term resilience.' With files from The Canadian Press, CTV's Tyler Fleming and Phil Tsekouras…


National Post
2 hours ago
- National Post
What White House reportedly said about the future of Mark Carney's daughter at Harvard
Article content As Harvard University remains the focus of the Trump administration's ire, the fate of its international students hangs in balance, including Cleo Carney, the daughter of the Canadian Prime Minister Mark Carney. Article content Article content A little over a week ago, the Trump administration cancelled Harvard's ability to enroll international students, leaving current foreign students to transfer to other colleges or risk losing their visa status. Article content 'They have lost their Student and Exchange Visitor Program certification as a result of their failure to adhere to the law,' Homeland Security Secretary Kristi Noem posted on X on May 22. 'Let this serve as a warning to all universities and academic institutions across the country.' Article content Article content This administration is holding Harvard accountable for fostering violence, antisemitism, and coordinating with the Chinese Communist Party on its campus. It is a privilege, not a right, for universities to enroll foreign students and benefit from their higher tuition payments… — Secretary Kristi Noem (@Sec_Noem) May 22, 2025 Article content In return, the university sued the administration and won its initial court fight. The university on its website notes: 'The May 29 court decision allows the University to continue enrolling international students and scholars while the case moves forward. Harvard will continue to take steps to protect the rights of our international students and scholars, members of our community who are vital to the University's academic mission and community — and whose presence here benefits our country immeasurably.' Article content Article content A first-year student, Cleo is pursuing bachelor's in economics at the prestigious university, one her father graduated from in 1987. After Justin Trudeau stepped down as Prime Minister, Cleo introduced her father as the newly elected party leader in March at the Liberal Convention in Ottawa. Article content Article content A sustainability REP for Harvard's Resource Efficiency Program, Cleo also serves as a board member for Bluedot Institute, a climate-focused non-profit. 'When she is not cooking or running,' reads her Harvard bio, 'she is talking about the need for increased investment in the strategic mining industry.' Article content Article content 'The White House confirmed Carney, along with other international students, would get the boot if the administration gets its way,' Gabrielle Fahmy for the New York Post wrote on Saturday. Article content As Cleo's return to Harvard in September remains undecided, the academic future of her siblings — Tess, Amelia and Sasha — less so. Sasha graduated from Yale University in 2023, Amelia reportedly from the University of Edinburgh last year, and Tess has noticeably stayed out of the public eye. Article content