Latest news with #FIC
Yahoo
a day ago
- Business
- Yahoo
FIC Closes on Continuation Vehicle, Advancing its Existing Collaboration with Matterhorn Express Pipeline
HOUSTON & CHARLOTTE, N.C., July 28, 2025--(BUSINESS WIRE)--FIC, an investment firm with a focus on critical infrastructure assets across the energy and power use value chains, has closed on a GP-led secondary transaction for a portion of its existing equity interest in the Matterhorn Express Pipeline (Matterhorn). Matterhorn is a strategically positioned natural gas pipeline with a capacity of 2.5 billion cubic feet per day (Bcf/d), linking the Permian Basin to essential demand centers across Texas and the Gulf Coast—from power generation and industrial markets to LNG export terminals. Matterhorn was placed into service in November 2024 and is fully contracted. "FIC is excited about continuing its successful partnership with the WhiteWater team through the next phase of growth for Matterhorn," said Cay Freihofer, Co-Managing Partner of FIC. "Matterhorn is a world-class infrastructure platform, well positioned to serve essential and growing demand centers that we believe position the investment for continued success," added Co-Managing Partner Cyrus Aghili. A diverse syndicate of high-quality institutional investors provided new capital for the continuation vehicle. The transaction allows FIC to support the platform's future growth while providing FIC's pre-existing limited partners the opportunity to monetize performance on a successful investment in Matterhorn. Following the transaction, funds managed by FIC own WhiteWater Matterhorn InvestCo, LLC ("MXP HoldCo") alongside I Squared and WhiteWater Midstream. WhiteWater Midstream, through MXP HoldCo, operates Matterhorn. Evercore acted as financial advisor and exclusive placement agent to FIC on the transaction, while Latham & Watkins and Milbank provided legal counsel. About FIC FIC Partners Management, LP ("FIC") is an investment firm with a focus on critical infrastructure assets across the energy and power use value chains. FIC focuses on investment opportunities that seek to generate long-term capital appreciation in the gas transmission, downstream, power and utilities, renewables, and data/telecommunications industries. We partner with management teams and businesses to help accelerate the development of strategic assets that serve society's growing energy needs and the associated decarbonization of industrial infrastructure. FIC is the renamed firm following the merger of Emerald Bridge Capital, LP and First Infrastructure Capital Advisors, LLC. For more information about FIC, please visit View source version on Contacts Media Contact :FIC Partners Management, LPEmail: info@
Business Wire
a day ago
- Business
- Business Wire
FIC Closes on Continuation Vehicle, Advancing its Existing Collaboration with Matterhorn Express Pipeline
HOUSTON & CHARLOTTE, N.C.--(BUSINESS WIRE)--FIC, an investment firm with a focus on critical infrastructure assets across the energy and power use value chains, has closed on a GP-led secondary transaction for a portion of its existing equity interest in the Matterhorn Express Pipeline (Matterhorn). Matterhorn is a strategically positioned natural gas pipeline with a capacity of 2.5 billion cubic feet per day (Bcf/d), linking the Permian Basin to essential demand centers across Texas and the Gulf Coast—from power generation and industrial markets to LNG export terminals. Matterhorn was placed into service in November 2024 and is fully contracted. 'FIC is excited about continuing its successful partnership with the WhiteWater team through the next phase of growth for Matterhorn,' said Cay Freihofer, Co-Managing Partner of FIC. 'Matterhorn is a world-class infrastructure platform, well positioned to serve essential and growing demand centers that we believe position the investment for continued success,' added Co-Managing Partner Cyrus Aghili. A diverse syndicate of high-quality institutional investors provided new capital for the continuation vehicle. The transaction allows FIC to support the platform's future growth while providing FIC's pre-existing limited partners the opportunity to monetize performance on a successful investment in Matterhorn. Following the transaction, funds managed by FIC own WhiteWater Matterhorn InvestCo, LLC ('MXP HoldCo') alongside I Squared and WhiteWater Midstream. WhiteWater Midstream, through MXP HoldCo, operates Matterhorn. Evercore acted as financial advisor and exclusive placement agent to FIC on the transaction, while Latham & Watkins and Milbank provided legal counsel. About FIC FIC Partners Management, LP ('FIC') is an investment firm with a focus on critical infrastructure assets across the energy and power use value chains. FIC focuses on investment opportunities that seek to generate long-term capital appreciation in the gas transmission, downstream, power and utilities, renewables, and data/telecommunications industries. We partner with management teams and businesses to help accelerate the development of strategic assets that serve society's growing energy needs and the associated decarbonization of industrial infrastructure. FIC is the renamed firm following the merger of Emerald Bridge Capital, LP and First Infrastructure Capital Advisors, LLC. For more information about FIC, please visit
National Post
a day ago
- Business
- National Post
FIC Closes on Continuation Vehicle, Advancing its Existing Collaboration with Matterhorn Express Pipeline
Article content HOUSTON & CHARLOTTE, N.C. — FIC, an investment firm with a focus on critical infrastructure assets across the energy and power use value chains, has closed on a GP-led secondary transaction for a portion of its existing equity interest in the Matterhorn Express Pipeline (Matterhorn). Matterhorn is a strategically positioned natural gas pipeline with a capacity of 2.5 billion cubic feet per day (Bcf/d), linking the Permian Basin to essential demand centers across Texas and the Gulf Coast—from power generation and industrial markets to LNG export terminals. Matterhorn was placed into service in November 2024 and is fully contracted. Article content 'FIC is excited about continuing its successful partnership with the WhiteWater team through the next phase of growth for Matterhorn,' said Cay Freihofer, Co-Managing Partner of FIC. 'Matterhorn is a world-class infrastructure platform, well positioned to serve essential and growing demand centers that we believe position the investment for continued success,' added Co-Managing Partner Cyrus Aghili. Article content A diverse syndicate of high-quality institutional investors provided new capital for the continuation vehicle. The transaction allows FIC to support the platform's future growth while providing FIC's pre-existing limited partners the opportunity to monetize performance on a successful investment in Matterhorn. Following the transaction, funds managed by FIC own WhiteWater Matterhorn InvestCo, LLC ('MXP HoldCo') alongside I Squared and WhiteWater Midstream. WhiteWater Midstream, through MXP HoldCo, operates Matterhorn. Article content Evercore acted as financial advisor and exclusive placement agent to FIC on the transaction, while Latham & Watkins and Milbank provided legal counsel. Article content About FIC Article content FIC Partners Management, LP ('FIC') is an investment firm with a focus on critical infrastructure assets across the energy and power use value chains. FIC focuses on investment opportunities that seek to generate long-term capital appreciation in the gas transmission, downstream, power and utilities, renewables, and data/telecommunications industries. We partner with management teams and businesses to help accelerate the development of strategic assets that serve society's growing energy needs and the associated decarbonization of industrial infrastructure. FIC is the renamed firm following the merger of Emerald Bridge Capital, LP and First Infrastructure Capital Advisors, LLC. For more information about FIC, please visit Article content Article content Article content Article content
Yahoo
5 days ago
- Business
- Yahoo
Deutsche Bank CFO on Second-Quarter Earnings
Deutsche Bank Chief Financial Officer James von Moltke discusses the lender's performance in the second quarter as the bank reported FIC sales and trading revenue for the second quarter that beat the average analyst estimate. Von Moltke talks with Bloomberg's Oliver Crook. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Recorder
18-07-2025
- Health
- Business Recorder
FIC: Minister displeased with state of affairs
LAHORE: Steps are under way to implement the vision of Punjab Chief Minister Maryam Nawaz Sharif for a healthy Punjab, Provincial Health Minister Khawaja Salman Rafique, said. During his visit to the Faisalabad Institute of Cardiology, Salman expressed his displeasure over the mismanagement of the queue management system and non-availability of medicines at FIC. He also visited the pathology lab and echography ward and inquired about the details of diagnostic tests and reporting time. Khawaja Salman Rafique also expressed his displeasure over the mistreatment of patients by the security staff and the poor hygiene conditions. The Minister and the Provincial Health Secretary inquired about the facilities available to patients individually in the emergency and OPD pharmacies and the provision of medicines. He directed authorities to create a regular mechanism for the availability of medicines other than heart disease for the patients under treatment. He inspected the packaging process and records of the supply of medicines to homes. Khawaja Salman said that Rs 33 billion were provided for the provision of medicines in the last fiscal year. 'Implementation of the SOPs of service delivery set by the Chief Minister of Punjab should be ensured. Strict action will be taken on complaints about ordering medicines from outside the hospital,' he added. The Minister said all medicines related to heart diseases should be available in the hospital, adding there is a zero tolerance policy for negligence in service delivery to patients. Provincial Health Secretary Azmat Mahmood Khan said that Rs 23 billion funds were provided to hospitals to pay the dues of previous years. 'As per the instructions of the Chief Minister, strict action will be taken on the non-availability of medicines to patients,' he said. Executive Director FIC Dr Hamid Saeed and MS Dr Nadeem Akhtar gave a briefing during the visit. Copyright Business Recorder, 2025
