S&P Global

Douglas L. Peterson is President and CEO, leading overall strategy and capital allocation. Marten Hoekstra heads S&P Global Ratings, while Chuck Mounts serves as CFO. Investment decisions for the firm's own portfolio are handled by the corporate treasury group; S&P Global does not manage client assets or operate as an asset manager.

S&P Global's data moat comes from three locked-in sources: its role as a Nationally Recognized Statistical Rating Organization (NRSRO) for credit ratings, which gives it privileged access to corporate and sovereign financials; the S&P Dow Jones Indices, whose benchmarks are embedded in trillions of passive assets; and its Commodity Insights price assessments, which settle physical and financial contracts in energy and metals markets globally.

S&P Global is a financial-data and analytics firm, not an asset manager. It does not operate funds, manage external client assets, or take investment positions beyond its corporate treasury. Its revenue comes from subscription-based data services, ratings fees, index licensing, and price-assessment sales.

S&P Dow Jones Indices LLC is a joint venture majority-owned by S&P Global (73% stake), with the CME Group holding the remaining 27%. The venture operates the S&P 500, Dow Jones Industrial Average, and other benchmark indices. S&P Global consolidates the venture's results into its financial statements.

S&P Global has not publicly stated sector-avoidance criteria for its own operations. Its ratings and indices cover all major industries. The firm's own M&A strategy avoids media and education assets, having divested those legacy businesses to focus on financial-data infrastructure.

S&P Global Ratings and Moody's Ratings together control roughly 80% of the global credit-rating market, with Fitch Ratings holding most of the remainder. S&P Global differentiates through its broader data and index businesses — Moody's has its own analytics arm (Moody's Analytics), but S&P's index licensing business is unmatched, and its Commodity Insights and Mobility units have no direct peer at Moody's.

Yes, the S&P Global Foundation is the firm's philanthropic arm, focused on financial literacy, STEM education, and environmental sustainability. It operates as a separate 501(c)(3), funded by corporate contributions but governed independently from the commercial business lines.