US credit ratings agency Moody’s has acquired a majority stake in Copal Partners for an undisclosed sum. The deal was sealed to expand Moody’s analytics services and enhance its presence in India and China.
Copal provides financial research outsourcing and consulting services to institutional customers through its research centres in India, China and Argentina. It also deploys on-site teams at its clients’ domestic offices where necessary. The company is best known for its due diligence services and credit and equity research. Its clients include investment banks, private equity funds, hedge funds, commercial banks, insurance agencies, asset management companies and corporate clients.
Copal has 1,300 employees and operates commercial offices in Beijing, Buenos Aires, Dubai, Gurgaon, Hong Kong, London, Mauritius and New York.
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