We are advising MSCI on the acquisition

Davis Polk is advising MSCI Inc. on its acquisition of Fabric RQ, Inc. Financial terms of the transaction were not disclosed. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions.

MSCI supplies critical decision support tools and services to the global investment community. With over 50 years of expertise in research, data and technology, MSCI enables clients to make better investment decisions by helping them understand and analyze key drivers of risk and return and confidently build more effective portfolios.

Founded in 2019 and based in Boulder, Colorado, Fabric provides wealth managers and advisers with a platform for modern portfolio design and risk assessment.

The Davis Polk corporate team includes partner William J. Chudd, counsel Ajay B. Lele and associate Tully Moyer. The tax team includes partner Michael Mollerus and associate Michelle Zhao. Partner Travis Triano and associate Mackenzie Bouverat are providing executive compensation advice. The intellectual property team includes partner Pritesh P. Shah and associate Adrian Rabin. All members of the Davis Polk team are based in the New York office.