Rivington Securities LLC, a wholly owned broker-dealer subsidiary of Rivington Holdings LLC, has an engagement with GSO Capital Partners LP, the credit arm of Blackstone (NYSE: BX). Under this arrangement, Rivington will assist GSO in identifying, structuring, servicing, and administering credit and equity co-investment opportunities in the middle market upstream energy sector.
The Rivington/GSO engagement will target middle market upstream energy participants with a focus on those companies with private equity sponsors. Structures provided by GSO through the Rivington relationship will include traditional debt structures, along with equity co-investments and structured equity products.
Along with the GSO activities mentioned above, Rivington will continue to provide private equity placement and general advisory services to the upstream energy sector.