Hudson Street Team to Introduce QSG's Products to
Goldman Sachs Institutional Clients
NAPERVILLE, Ill.--(Business Wire)--
Quantitative Services Group LLC (QSG), a provider of equity
research services, custom stock selection models and independent
trading cost analytics to institutional investors, announced today
that it has entered into an agreement with Goldman, Sachs & Co.'s
Hudson Street Services. Under the agreement, Hudson Street Services
will introduce QSG's unique set of products and services, via the
Hudson Street Services platform, to Goldman Sachs institutional
clients.
"QSG's technology platform, modeling techniques and specialty data
sets offer our clients access to important tools for their business,"
said Mike Sanders, Managing Director of Hudson Street Services. "The
firm's approach to data and investment style ensures the offering
remains relevant to the investment decision making process
irrespective of market conditions and investment strategies." Tom
Conigliaro, head of distribution for the Hudson Street Platform,
added, "QSG's extensive product offering is compelling to many
different types of asset managers and disciplines, allowing Hudson
Street to market QSG to a vast cross section of the Goldman Sachs
client base."
Hudson Street Services offers investment professionals access to a
select platform of unique content and tools that can be integrated
into their investment process. Collectively, Hudson Street Services
offers a more flexible, more efficient way for clients to access
critical information designed to ultimately assist clients in making
better investment decisions.
"Joining the Hudson Street platform allows QSG to reinvest our
commercial success in R&D, client service and alpha-generating
innovations," said Timothy A. Sargent, President and founder of QSG.
"The decision to join the other 'best in breed' companies on the
Hudson Street platform is both a visible way to assert our
independence and reinforce our commitment to our clients."
As part of the transaction, The Goldman Sachs Group, Inc. will
make a minority investment in QSG. QSG will continue to operate
autonomously and will continue service to all its existing and new
clients directly through its equity research and trading client teams
and web-based research portal.
This release does not constitute an offer to sell or a
solicitation of an offer to sell any securities of QSG.
About Quantitative Services Group LLC
Quantitative Services Group (QSG) is an independently owned
consulting firm and a leading provider of equity analytics. QSG helps
institutional investors outperform by offering a complete suite of
premier equity research services, custom stock selection models, and
independent trading cost analytics. QSG specializes in providing
solutions tailored to each client's unique investment decision-making
process. QSG's products include Pre-Trade Analyst (TM), T-cost Pro(TM)
and T-cost Analyst(TM) trading services, Factor Analyst(TM), and
Virtual Research Analyst(TM). The details of QSG's client
relationships are kept strictly confidential.
Quantitative Services Group LLC
Catherine Morgenstern
630/637.8088 x224; cmorgenstern@qsg.com
www.qsg.com
Copyright Business Wire 2008
