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> Riskmetrics gets $122 Million Funding
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post Jun 23 2004, 12:58 PM [ Post #1 ]


Christopher Paige
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http://www.tmcnet.com/usubmit/2004/Jun/1048640.htm

RiskMetrics Group Announces Investment From Leading Private Equity Firms; Group to Invest $122 Million in Largest Independent Risk Management Firm

NEW YORK --(Business Wire)-- June 15, 2004 -- RiskMetrics Group, the world's largest independent financial risk management firm, today announced that a group of private equity investors led by Spectrum Equity Investors has closed on an agreement to recapitalize the company. Under the terms of the recapitalization, Spectrum Equity Investors and General Atlantic Partners along with Technology Crossover Ventures will invest a total of $122 million.


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