The rapid growth as an asset class of publicly traded partnerships known as Master Limited Partnerships (MLPs) was a financial success story of the last decade. However, given the current commodity price environment, the premise of the MLP model has come under review. In Part 1 of this 2-part webinar series, we will take the first step toward understanding MLPs. We will cover: An overview of the asset class, including a look at its many sub-sectors and risks; The typical MLP structure and how it differs from the more traditional C-Corporation; How to think about and model an MLP's most unique feature: Incentive Distribution Rights (IDRs).
