Moorgate Benchmarks secures Series A investment from ETFS Capital to accelerate growth
ETFS Capital has backed the London-based index company in its latest funding round.
Moorgate Benchmarks provides index design, calculation, management, and governance services for index providers and product issuers. The firm operates from London.
London index provider Moorgate Benchmarks has closed a Series A funding round with backing from ETFS Capital. The capital will be deployed to accelerate the company growth and expand its full-service offering to address near-term market opportunities.
Founded by industry specialists, the firm assists index providers and product issuers with index creation, operational streamlining, and compliance with EU Benchmarks Regulation. ETFS Capital has entered into a long-term partnership with the company to support its ongoing development in the sector.
From the founder
"The indexing industry is in urgent need of transformation since the dominant index providers currently offer investors limited choice and are inflexible. Moorgate Benchmarks is solving this problem by offering index providers and product issuers the services they need to innovate and deliver true choice to all investors. We are delighted to have secured a significant investment from ETFS Capital which will accelerate the build-out of our full-services, flexible offering."
Tobias Sproehnle
CEO at Moorgate Benchmarks
Investor perspective
"We believe in Moorgate Benchmarks’ vision and our investment will help accelerate its delivery. Ultimately, we see this as a partnership for the longer term, as achieving this vision is a marathon, not a sprint."
Graham Tuckwell
Chairman, ETFS Capital
Use of funds
- 01Fund the next phase of growth
Investors
Categories
About the company
Moorgate Benchmarks
Moorgate Benchmarks provides index design, calculation, management, and governance services.