DALLAS, Sept. 25, 2015 /PRNewswire/ -- Pathway Energy Infrastructure Fund, Inc. ("Pathway") announced today that it has declared its first cash distribution to shareholders in the form of a special distribution of $0.09616 per share, with a record date of Oct. 2, 2015, and a payment date of Oct. 5, 2015.
In addition, Pathway has declared a series of distributions with weekly record dates and payable monthly to the stockholders of record as of the close of business each Friday from Oct. 9, 2015, to Dec. 18, 2015, and also on Monday, Dec. 28, 2015. The declared distributions equal a weekly amount of $0.01726 per share of common stock.
- Distributions for the Oct. 9 through Oct. 30 record dates will be paid on or around Nov. 2, 2015.
- Distributions for the Nov. 6 through Nov. 27 record dates will be paid on or around Nov. 30, 2015.
- Distributions for the Dec. 4 through Dec. 28 record dates will be paid on or around Dec. 29, 2015.
"We announced Pathway's initial investments on September 2, 2015," said David Belzer, a managing director of Prospect Capital Management. "We are pleased that we have been able to promptly follow these investments with the declaration of the first distributions for Pathway shareholders."
Pathway Energy Infrastructure Fund, Inc. is co-sponsored by Prospect Capital Management LP ("Prospect") and Behringer Harvard Holdings, LLC ("Behringer").
About Pathway Energy Infrastructure Fund, Inc.
Pathway Energy Infrastructure Fund, Inc. (the "Fund") is a registered closed-end fund focused on investing in North American energy and energy-related companies that are connected to an underlying infrastructure, asset base, and/or cash flow to create downside protection for investors. The Fund seeks to invest in a portfolio that is diversified by subsectors and individual companies and targets income-oriented securities of private and public energy companies and energy-related infrastructure and industrial sectors within targeted sectors of North America. For more information, visit pathway-energyfund.com.
About Prospect Capital Management L.P.
Headquartered in New York City, Prospect is an SEC-registered investment advisor that, along with its predecessors and affiliates, has a more than 25-year history of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of approximately 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect has more than $7.5 billion of capital under management (including undrawn credit facilities). For more information, call 212.448.0702 or visit prospectcapitalmanagement.com.
Behringer creates and manages real estate investments through public and private fund structures, joint ventures, and separately managed accounts. The company also offers strategic advisory, asset management, tax-deferred exchange and capital markets solutions. Investments sponsored and managed by the Behringer group of companies have invested into more than $11 billion in assets. For more information, call 214.655.1600 or visit behringerinvestments.com.
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SOURCE Pathway Energy Infrastructure Fund, Inc.