Jeremy Coller spent 36 years arguing that private equity needed a second-hand market. Now that the market is worth trillions, EQT is paying up to $3.7 billion to own the firm that started it.
IdealRatings is a San Francisco-based financial data and technology company that helps investors screen and rate securities against ESG, responsible-investment, and Shariah-compliance standards. Founded in 2006, it operates two business lines - ESG & Responsible Investment Solutions and Islamic Finance Solutions - covering a global universe of equities, fixed income, REITs and Sukuk. Its subscription, web-based tools and datasets are licensed by asset managers, banks, brokerages, stock exchanges and index providers in over 25 countries, and power benchmarks including the Bloomberg Shariah Sukuk indices and the FTSE IdealRatings Islamic index series.