Sector Expert: Adam Karpf
CIBC World Markets
Adam Karpf is a managing director at CIBC Atlantic Trust Private Wealth Management, where he is portfolio manager for MLP strategies.
The master limited partnership (MLP) industry, focused on energy infrastructure, is in the process of a major transformation known as "simplification," where limited partners have merged with or acquired the interests of the general partner. Adam Karpf, portfolio manager for MLP strategies at CIBC Atlantic Trust Private Wealth Management, discusses the trend toward simplification and the benefits for management teams and investors.