Alerian Strengthens Indexing Presence with Acquisition of S-Network Global Indexes
Alerian, a portfolio company of Aretex Capital Partners and an independent information services company providing indexes, data and research to global investors, announced today its acquisition of S-Network Global Indexes, a leading publisher and developer of over 300 proprietary and custom indexes.
The acquisition will result in index-linked AUM of $20 billion across the combined suite of indexes and further enhance Alerian’s global indexing, analytics and data capabilities. In addition to its globally recognized midstream energy benchmarks, Alerian is now positioned to offer indexing solutions and services covering global equity markets and specialty sectors.
“By combining our research capabilities with S-Network’s full-service indexing platform, Alerian will be well-positioned to innovate and serve the evolving needs of a much broader range of investors, asset managers, and product sponsors,” said David LaValle, CEO of Alerian. “Index-based investing is a significant long-term trend that will continue to attract client assets for decades.”
“Alerian has built a strong brand with a reputation for deep research and data capabilities,” said Joseph LaCorte, CEO of S-Network Global Indexes. “Integrating S-Network’s state-of-the-art technology platform and team of experienced professionals with Alerian’s proven capabilities will make for a unique and competitive offering in the global index industry.”
Patrick Shaddow, Director of Index Operations at S-Network Global Indexes, said “S-Network maintains daily coverage of nearly 14,000 global stocks and its core database provides detailed and fully cleansed data on over 25,000 stocks going back to 1999, giving it strong capabilities to create accurate beta, smart beta, thematic and socially responsible indexes.”
John Jacobs, Chairman of Alerian, said “the transaction is an exciting strategic move for Alerian and the combined organization will enable us to provide creative product solutions to the market.” Andrew Feller, Managing Partner of Aretex Capital and Alerian Director, said “we are thrilled to support Alerian’s growth initiatives and believe that this transaction is an important step to expand Alerian’s leadership in the index sector.”
David LaValle will oversee both entities and continue his focus on building deeper index, data and research offerings to better serve clients worldwide. Alerian and S-Network will continue to operate from their current locations in Dallas and New York, respectively. The transaction is expected to close before January 1, 2020.
To learn more about Alerian, please visit www.alerian.com, and to learn more about S-Network Global Indexes, please visit www.snetworkglobalindexes.com. For further information about Aretex Capital, please visit www.aretexcapital.com
Alerian is an independent information services company serving asset managers and investment professionals around the globe through its indexing, research and data capabilities. Built on a foundation of data rigor and specialty research, Alerian pioneered how the master limited partnership (MLP) asset class is measured and created the first real-time MLP index – the Alerian MLP Index – the most widely used benchmark for midstream MLP energy. Today, Alerian continues to innovate, delivering indexes, tools and thought leadership and actionable insights that equip stakeholders to make informed decisions.
S-Network Global Indexes, Inc. a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency.
Aretex Capital Partners is a global private equity firm focused on investments primarily in Europe and North America. Aretex works in partnership with entrepreneurs and management teams with a proven track record of success and seeks to create value by helping businesses drive sustainable growth and access international markets. Launched in 2018 by Sergio D’Angelo and Andrew Feller, Aretex maintains offices in London and New York.
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