TCW Group’s Energy & Infrastructure Group was spun out and renamed EIG Global Energy Partners, Jessica Emond, EIG spokeswoman, confirmed in an e-mailed response to questions.
R. Blair Thomas, who was CEO of the group, will hold the same position at the new firm, which has moved to Washington.
EIG, with $8.5 billion under management, will continue to invest in energy and energy-related infrastructure projects and companies worldwide, Ms. Emond wrote.
“We will continue to have an economic interest in EIG-managed funds through 2020,” according to a TCW statement. “We anticipate that TCW will continue to market EIG investment opportunities, and we look forward to continuing a successful business relationship that began in 1982.”