Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Suspicious trades at the last minute from Morgan Stanley

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Comment by perdikaoilgason Oct 24, 2014 5:01pm

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Post# 23059752

RE:Suspicious trades at the last minute from Morgan Stanley

BOGOTA, Colombia, July 30, 2013 /PRNewswire/ -- Capital International Private Equity Fund VI, L.P. ("CIPEF VI") and an affiliate of Acon Investments LLC ("ACON") have jointly acquired Vetra Energia, S.L. ("Vetra"), one of the largest privately held independent oil producers in Colombia. The sellers include Inveravante, an investment firm based in La Coruna, Spain affiliated with Mr. Manuel Jove Capellan, as well as several minority shareholders of the company. Inveravante and its partners retain their stake in Monclova Pirineo Gas S.A. de C.V., an oil services company that operates four blocks in Mexico, that was spun off from Vetra.

Founded in 1996, ACON is a private equity investment firm focused on the United States and Latin America with over $2.8 billion of capital managed. ACON invests throughout Latin America focusing on industries or businesses at key inflection points in their development and pursues these opportunities in close partnership with established management teams. ACON has offices and investment professionals throughout the Americas including Mexico City and Sao Paulo. ACON's investment in Vetra will be funded with equity commitments from ACON Latin America Opportunities Fund, L.P. ("ALAOF"), ACON's third pool of capital for the region, as well as with equity commitments from its co-investors. Other investments completed by ACON in Colombia include Almacenes Vivero, Carulla y Cia, Credivalores and Grupo Sala.

With $3 billion in commitments, CIPEF VI is the sixth private equity fund of Capital International Private Equity Funds ("CIPEF"). CIPEF is focused on investments in leading companies across the global emerging markets and, since inception in 1992, CIPEF has made 78 investments across 25 countries and 34 industries. CIPEF is part of The Capital Group, an independent global investment management organization with over 80 years of experience. In Latin America, CIPEF has completed 12 transactions over the last 12 years investing more than $1 billion. Vetra will be CIPEF VI's first investment in Latin America, following previous investments from prior CIPEF funds in the region such as Arcos Dorados, QGOG Constellation, Bancolombia and Jumbo Retail Argentina, among others.

About ACON and CIPEF, the funds that own VETRA