Markit, a leading, global financial information services company, today announced that Temasek, a Singapore investment company, has made a significant equity investment in the company.
The investment increases Markit’s links to Asia through a partnership with one of the most prestigious investors in the region. The addition of Temasek as one of Markit’s largest investors further diversifies the company’s shareholder base which includes employees, institutional funds and investment banks.
Lance Uggla, chief executive officer of Markit, said: “Temasek’s investment in Markit is a significant milestone in our company’s ten-year history, underscoring our success as a global financial information and services provider. Temasek is an expert investor in entrepreneurial growth companies with a track record in increasing shareholder value. The strength of their position and profile in Asia, an area where we see significant potential and opportunity, will help fuel our growth in the region. We look forward to their participation in our company’s strategy.”
Markit is one of the world’s fastest growing private companies, providing information, trade processing services and solutions to help customers operate in increasingly complex global financial markets.