Los Angeles–based Trust Company of the West (TCW) has spun off its 29-year-old infrastructure and energy group — EIG Global Energy Partners. The new infrastructure investment manager takes with it $8.5 billion in assets under management and will continue to acquire and develop energy infrastructure globally.
The Washington, D.C.–based private investment firm has 38 investment professionals focused on the energy sector. R. Blair Thomas, who was CEO of the group when it was with TCW, is the CEO of EIG.
EIG’s clients include pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the United States, Asia and Europe.
EIG has offices in Houston, New York City, London and Sydney.