FIMALAC


FIMALAC is a French holding company focusing on credit rating and risk management companies. It operates in three business areas, credit ratings, commercial real estate through North Colonnade Ltd, and private equity fund through its subsidiary Fimalac Développement.

History

FIMALAC was created by Marc Ladreit de Lacharrière in 1991. He serves as the CEO, and holds 100% of the shares of the FIMALAC Group, that holds ~80% of FIMALAC. It is headquartered in Paris. It operates in the United States, Canada, the United Kingdom, France and other members of the European Union, Asia, and South America.
In 2005, FIMALAC acquired Algorithmics Inc., which it sold to IBM in October 2011.
In 2011, it acquired 40% of Groupe Lucien Barrière.
In 2018 FIMALAC, Which held 20% of Fitch sold off its remaining share to Hearst.

Divisions