MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that its subsidiary, MSCI Limited, has completed its acquisition of IPD Group Limited.
"The closing of the IPD acquisition marks a significant step forward in our ambition to provide investment decision support tools to institutional investors across all major asset classes,” said Henry Fernandez, Chairman and CEO, MSCI Inc. “The acquisition of IPD greatly expands our coverage of private markets globally by adding the largest provider of commercial real estate information, indices and analytics. We are excited to pursue the tremendous growth opportunities that IPD brings.”
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools.The company’s flagship product offerings are: the MSCI indices with close to USD 7 trillion estimated to be benchmarked to them on a worldwide basis 1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS governance research and outsourced proxy voting and reporting services; FEA valuation models and risk management software for the energy and commodities markets; and CFRA forensic accounting risk research, legal/regulatory risk assessment, and due‐diligence. MSCI is headquartered in New York, with research and commercial offices around the world. MSCIIR# 1 As of March 31, 2012, as published by eVestment, Lipper and Bloomberg in September 2012 For further information on MSCI, please visit our web site at www.msci.com About IPD IPD is a global real estate information business operating in 32 countries. With more than 320 employees it provides institutional investors, fund managers, occupiers, lenders, advisors and researchers with objective benchmarks and market indices. Its detailed databases cover some USD 1.4 trillion of property investments. IPD was founded in London in 1985.