The Cushing MLP Opportunity Fund I, L.P. is a long/short equity fund investing in public and private energy and energy infrastructure-related securities. Investments will primarily include publicly traded Master Limited Partnerships (MLPs) and their affiliates, including general partner (GP) entities of MLPs. The Fund seeks to invest in midstream MLPs as well as MLPs involved in other segments of the natural resources sector such as propane, coal, and shipping.
Because MLPs operate as partnerships (as opposed to corporations), they pass tax benefits through to their investors. The majority of the distribution is treated as "return of capital", thereby providing potential tax advantages for investors.
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