Bloomberg to Acquire Barclays Index Business

December 17, 2015

Barclays Risk Analytics and Index Solutions is a leading provider of benchmark and strategy indices, portfolio analytics, risk and attribution models, and portfolio construction tools.

A multidisciplinary Willkie team is representing long-time client Bloomberg L.P. in connection with its acquisition of Barclays Risk Analytics and Index Solutions Ltd. (BRAIS), a leading provider of benchmark and strategy indices, portfolio analytics, risk and attribution models, and portfolio construction tools. BRAIS’s benchmark indices span global markets covering multiple asset classes, most notably the Barclays Family of Aggregate Bond Indices.

The combination of the market-leading Barclays indices with the Bloomberg data management, analytics and distribution is expected to provide more independence, liquidity and transparency to the marketplace, improve industry innovation and further meet the diverse needs of Bloomberg’s global client base.  The acquisition is expected to be completed by mid-2016.

Bloomberg, the global business and financial information and news leader, gives influential decision-makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 325,000 subscribers globally.

The Willkie deal team was led by partner Maurice Lefkort and included partners Mark Cognetti, Jordan Messinger and Hillel Jacobson; special counsel Peter Allman and Kim Walker; and associates Caleb Vesey, Ginger Ellison, Ryan Stott, Amir Ghavi, Anush Yegyazarian, Robert Larimore and Dorna Mohaghegh.