Copal History

Copal Partners is widely regarded as the leading outsourced research and consulting provider to financial institutions and corporations worldwide. With approximately 1,000 employees situated in the world’s major commercial centers, and investors including Deutsche Bank, Citigroup and Bank of America Merrill Lynch, the Company is ideally positioned to service the requirements of the world’s most sophisticated clients.

Key milestones since establishment:

November 2002: Company is founded

January 2003: Delhi research center opens

November 2003: Enters into a vendor trial for Investment Banking services with a bulge bracket financial institution

June 2004: Becomes sole vendor for the banking division of the aforementioned financial institution

September 2004: Launches its credit division for credit / distressed debt hedge funds

February 2005: Exceeds 100 employees

June 2005: Andrew J. Melnick, former Head of Research at Merrill Lynch and Global Co-Head of Research at Goldman Sachs, joins Copal Partners’ advisory board

March 2006: Over 200 dedicated staff to one sole Investment banking client

June 2006: Deutsche Bank becomes a shareholder

October 2006: Citigroup becomes a shareholder

November 2006: Launches equity research division

April 2007: Closes landmark deal with one of the largest brokers in the Middle East to become their end-to-end provider of equity research

May 2007: Merrill Lynch becomes a shareholder

July 2007: Launches private equity division to provide consultancy, due diligence and portfolio monitoring services

June 2008: Named #1 Financial Research KPO by the Black Book of Outsourcing

March 2009: Opens offices in Hong Kong

April 2009: Opens research center in Beijing