Davis Polk Advises MSCI on Its Acquisition of Insignis
Davis Polk is advising MSCI Inc. in connection with its acquisition of all of the assets of Insignis, Inc. Financial terms of the transaction were not disclosed. The transaction, which is expected to close in the fourth quarter of 2015, is subject to customary closing conditions.
For more than 40 years, MSCI’s research-based indexes and analytics have helped the world’s leading investors build and manage better portfolios through products and services including indexes, analytical models, data, real estate benchmarks and ESG research. Insignis provides daily automated collection, aggregation and management of financial data, including data on positions, transactions and complex instruments such as exchange-traded futures and options, OTC swaps and foreign exchange spot and forward contracts.
The Davis Polk corporate team includes partner William J. Chudd and associate Brian L. Friedman. Partner Michael Mollerus and associate Koonho Cho are providing tax advice. Partner Jean M. McLoughlin is providing executive compensation advice. Partner Pritesh P. Shah is providing intellectual property and technology advice. All members of the Davis Polk team are based in the New York office.