American Midstream Partners, LP (NYSE: AMID) has announced that High Point Infrastructure Partners, LLC, a portfolio company of ArcLight Capital Partners, LLC, acquired 90 percent and control of American Midstream GP, LLC, the general partner of American Midstream, and 100 percent of the subordinated units of American Midstream, from AIM Midstream Holdings, LLC, an affiliate of American Infrastructure MLP Funds, LP. In addition, High Point concurrently purchased US$90 million of newly issued Series A convertible preferred units of American Midstream with a combination of cash and assets. More details on the transaction can be found here.

Hogan Lovells advised the Conflicts Committee of the Board of Directors of American Midstream and assisted in the overall negotiation of the transaction with a Denver-based corporate team led by partner George Hagerty and associate Jesse Menlove.

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