NiSource

NiSource

NiSource Inc. established the Master Retirement Trust to manage retirement assets for its utility workforce. The firm supplies natural gas and electricity through subsidiaries including Northern Indiana Public Service Company and multiple Columbia Gas entities. The trust deploys capital across private equity, US Treasuries, corporate debt, and mortgage-backed securities. Confirmed holdings include a position in Goldman Sachs PEP New Partners. Geographic exposure centers on the Midwest and Mid-Atlantic regions where NiSource operates its 60,000-mile gas network and 32,000-mile electric system. The pension reports $1.478 billion in assets. NiSource maintains the NiSource Charitable Foundation for community giving. No dated operational events from the last 24 months are recorded for the trust itself. The trust sits inside a publicly traded utility holding company, creating a direct link between operating cash flows and pension governance that differs from standalone pension structures.