Davis Polk is advising MSCI on its sale of InvestorForce to Resurgens Technology Partners. The transaction is expected to close within the next three months and is subject to customary closing conditions. Financial terms of the transaction were not disclosed.
MSCI is a leading provider of indexes and portfolio construction and risk management tools and services for global investors. InvestorForce, a product line that was included within MSCI’s Analytics unit, provides performance measurement and reporting software to institutional investment consultants. Its integrated solution provides for daily monitoring, analysis and reporting on institutional multi-asset class portfolios. Resurgens Technology Partners is a technology investment firm that is committed to delivering exceptional operating value to its portfolio companies.
The Davis Polk corporate team includes partner John A. Bick and associates Matthew J. Cowcher and Samantha Kobbe. Partner Pritesh P. Shah is providing intellectual property and technology advice. Partner Michael Mollerus and associate Nicole P. Field are providing tax advice. Partner Jean M. McLoughlin and associates Travis Triano and Christie Michelle Falco are providing executive compensation advice. All members of the Davis Polk team are based in the New York office.