Source, headquartered in London, is an investment firm and one of Europe’s leading Exchange Traded Product (ETP) providers, with over US$18 billion in assets under management. Since launch in April 2009, Source has focused on delivering incremental value to European ETP investors through a combination of enhanced indices, strong partnerships, improved structuring and active trading. Its range of ~80 products gives investors the ability to gain exposure to equities, commodities, fixed income and alternative assets, through ETF and ETC structures with deep liquidity, increased transparency and reduced counterparty risk.
Warburg Pincus acquired a majority stake in Source from Bank of America Merrill Lynch, Goldman Sachs, JP Morgan, Morgan Stanley and Nomura, which will all continue to retain a minority stake. Lee Kranefuss, a Warburg Pincus Executive in Resident and the former CEO of iShares, has joined Source as Executive Chairman
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