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British insurer Legal & General (OTCPK:LGGNY) (OTCPK:LGGNF) has formed a private credit partnership with Blackstone (NYSE:BX), the companies announced Thursday.
The partnership combines L&G’s positions in pension risk transfer and asset management, comprising a $122.5 billion (£92 billion) annuities book and $1.4 trillion (£1.1 trillion) in assets
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