Feb 15, 2012 - LEAWOOD, Kan.--(BUSINESS WIRE)--
Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) today announced that
members of Tortoise Capital Advisors and Montage Investments teams will
ring the opening bell at the New York Stock Exchange on Friday, Feb. 17,
2012, in celebration of TTP's initial public offering.
TTP focuses particularly on North American pipeline companies that
transport natural gas, natural gas liquids, crude oil and refined
products, and to a lesser extent, on other energy infrastructure
companies. As a flow-through regulated investment company, TTP may
purchase securities of traditional pipeline corporations along with
master limited partnerships. The fund's investment objective is to
provide its stockholders a high level of total return, with an emphasis
on current distributions.
About Tortoise Pipeline & Energy Fund, Inc.
Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) is a non-diversified,
closed-end management investment company that seeks to obtain a high
level of total return with an emphasis on current distributions. TTP
intends to focus primarily in pipeline companies that engage in the
business of transporting natural gas, natural gas liquids, crude oil and
refined products and to a lesser extent, on other energy infrastructure
About Tortoise Capital Advisors, L.L.C.
Tortoise Capital Advisors, L.L.C. is an investment manager specializing
in listed energy infrastructure investments. As of Jan. 31, 2012, the
adviser had approximately $7.8 billion of assets under management in
NYSE-listed closed-end investment companies, an open-end fund and other
accounts. For more information, visit www.tortoiseadvisors.com.
About Montage Investments
Montage Investments, an affiliate of Tortoise, brings together a unique
group of institutional investment managers — each offering a distinct
approach to money management that reflects many decades of professional
experience and proprietary investment strategies across global asset
classes. Currently managing more than $10 billion, the firm's
organizational approach is to allow individual investment managers to
retain boutique processes, talent and culture that have proven records
of adding value to portfolios and meeting client objectives. For more
information, visit www.montageinvestments.com.
Safe Harbor Statement
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.
Tortoise Capital Advisors, L.L.C.
Pam Kearney, 866-362-9331
Source: Tortoise Pipeline & Energy Fund, Inc.