Freshfields advises Warburg Pincus on its acquisition of a majority stake in Source Holdings Limited
Freshfields Bruckhaus Deringer has advised private equity house Warburg Pincus on its acquisition of a majority stake in Source Holdings Limited, a leading European exchange traded product (ETP) provider.
Source offers exposure to equity, commodity and fixed income benchmarks, through 77 products which account for more than US$14bn in assets under management. The existing investors, including Bank of America Merrill Lynch, Goldman Sachs, JPMorgan, Morgan Stanley and Nomura, will maintain significant minority stakes in the business.