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National Grid U.K. Pension Scheme insured $2 billion in liabilities through a buy-in with Legal & General Assurance Society.
P&I Daily will not be published Thursday and Friday, Nov. 28-29, in observance of the Thanksgiving holiday. Publication resumes Dec. 2.
P&I Daily will not be published on Monday, Oct. 14. News updates will be posted online at pionline.com. Publication will resume Tuesday.
Tortoise Capital Advisors has agreed to acquire the midstream energy asset management business of Advisory Research from Piper Jaffray.
Institutional investors gained an average of 8.3% in the first quarter, data from Wilshire Associates, Northern Trust and BNY Mellon show.
Berkshire Hathaway took a $377 million charge after investing hundreds of millions in a company that investigators say engaged in fraud.
