MSCI acquires Burgiss

Indices and data analytics provider MSCI has acquired The Burgiss Group.

It has purchased the remaining 66% of the private asset data provider, having previously acquired a minority stake in January 2020.

Burgiss offers LPs, GPs and financial intermediaries private asset data services, with performance data going back to 1978. It covers 13,000 funds in private equity, private real estate, private debt, infrastructure and natural resources from 195 countries.

The acquisition aims to enhance MSCI’s technology solutions with the addition of the Burgiss Caissa Platform, a performance and risk service for LPs investing in public and private markets.

MSCI also plans to incorporate more private asset datasets into its offering.

Henry Fernandez, chairman and CEO at MSCI, commented: “By combining Burgiss's comprehensive private asset data and analytics with MSCI’s expertise in research, analytics, data and technology for investments across public asset classes, we are aiming to redefine total portfolio investing and build solutions that can help investors manage their complex portfolios and make better informed decisions.”

MSCI provides data and investment tools to the investment industry, helping with portfolio analysis, net-zero targets and ESG metrics.

The two firms joined forces in October 2021 to launch a carbon footprinting tool for LPs and GPs, aiming to measure the carbon intensity of funds.