AEI Puts Finishing Touches to IPO

AEI Puts Finishing Touches to IPO

Equity

Ashmore Energy International (AEI) is on schedule to issue around $900m worth of shares on the NYSE October 28, say executives familiar with the offering. The company, which has close to 80% of its assets in LatAm and the Caribbean, is 55% owned by Ashmore, the EM-focused manager, and also counts among its investors Singapore’s GIC, Goldman Sachs, Eton Park and BlackRock. All will be selling secondary shares in the upcoming IPO, though they will maintain stakes in the company. AEI specializ

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