Cushing® MLP & Infrastructure Total Return Fund and NXG NextGen Infrastructure Income Fund Announce Officer Changes
Retrieved on:
Thursday, December 1, 2022
DALLAS, Dec. 1, 2022 /PRNewswire/ -- The Cushing MLP & Infrastructure Total Return Fund (NYSE: SRV) and NXG NextGen Infrastructure Income Fund (NYSE: NXG), each a closed-end management investment company (the "Funds," and each a "Fund"),announced that effective November 30, 2022, John H. Alban, Chief Executive Officer and President of the Funds, retired from Cushing Asset Management, LP, the Funds' investment adviser (the "Investment Adviser") and from his position with the Funds.
Key Points:
- DALLAS, Dec. 1, 2022 /PRNewswire/ -- The Cushing MLP & Infrastructure Total Return Fund (NYSE: SRV) and NXG NextGen Infrastructure Income Fund (NYSE: NXG), each a closed-end management investment company (the "Funds," and each a "Fund"),announced that effective November 30, 2022, John H. Alban, Chief Executive Officer and President of the Funds, retired from Cushing Asset Management, LP, the Funds' investment adviser (the "Investment Adviser") and from his position with the Funds.
- Mr. Mark Rhodes, Chief Executive Officer of the Investment Adviser, has been appointed to serve as Chief Executive Officer and President of the Funds.
- Cushing, a subsidiary of Swank Capital, is an SEC-registered investment adviser headquartered in Dallas, Texas.
- Cushing serves as investment adviser to affiliated funds and managed accounts providing active management in markets where inefficiencies exist.