MSCI to acquire a stake in Burgiss for $190m.

MSCI, a provider of decision support tools and services for the global investment community, agreed to acquire a stake in Burgiss, which operates as a software company, for $190m. “Private asset investing is on the precipice of a significant transformation. Investors are increasingly looking to private assets to achieve outsized, uncorrelated and differentiated returns. However, the willingness of investors to expand their private asset portfolios will depend on new methods and tools that help them better understand the private asset markets, the characteristics of investments, asset valuations, the impact of leverage and liquidity, and the drivers of performance and risk,” Henry Fernandez, MSCI Chairman & CEO.