Group of investors completed the acquisition of SIMON from Goldman Sachs for $75m.

Group of investors, including Barclays, Credit Suisse's NEXT Investors, HSBC, J.P. Morgan, Prudential and Wells Fargo, completed the acquisition of SIMON, a financial technology company, from Goldman Sachs, a global investment banking, securities and investment management firm, for $75m. "We launched SIMON to help financial advisors learn more about structured investments and access the product class in a more efficient way, and this deal is an important step in our vision to create an industry standard and expand the platform to new investors, banks and advisors. We're excited to open the platform to an impressive group of market participants and to have their thought leadership around the table as we drive the future of SIMON as an independent, multi-issuer platform," Jason Broder, SIMON CEO.