An alternative oil investment that hinges on infrastructure needs

Nontraded energy BDC provides funds for exploration and drilling

The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector.
Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the price of benchmark U.S. oil fell below $61 a barrel.
But that doesn’t mean there are no investment opportunities in energy, particularly since capital-intensive oil and gas companies remain in need of fresh funds to explore, drill and build pipelines.
“In times like these, with increased volatility in the energy markets, structure matters and is really the primary key to our success,” said Zachary Klehr, executive vice president of Franklin Square Capital Partners. It is offering the FS Energy & Power Fund, a nontraded business development company with $3.5 billion in assets under management at the end of September.
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