Saturday, November 6, 2010

Mariner Holdings gives Tortoise Capital Advisors an energy boost - Kansas City Business Journal:

http://www.chat-dating-love.com/personals/a33/
will buy a 65 percent stake inthe Leawood-based company for an undisclosed sum, the companies announced June 3. When probably in the third quarter, the deal will put Mariner well on the way to a goal stated in early 2008 ofhaving $5 billion in assets under management in five years. Mariner Holdingx and executives with Tortoise Capital Advisors agreed to buy all interestds fromand . Tortoise managinvg directors Kevin Birzer, Zachary Hamel, Ken Terry Matlack and David Schulte will own 35 percent of the and four other senior managers will be eligible to buy a stak e in Tortoise through an equittownership plan.
Tortoise advises four publiclyh tradedfunds — (NYSE: TYG), (NYSE: TYY), (NYSE: TYN) and TTO). The funds specialize in masterlimiteed partnerships, or MLPs, in companies involved in the energ infrastructure industry.

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