Kevin Crane ‘24 pitched S&P Global, Inc. (NYSE:SPGI) on October 23, 2023. S&P Global is a leading capital markets and information services company that provides ratings, market intelligence, commodity intelligence, indices, and automotive intelligence. S&P Global is one of the main three rating agencies along with Moody’s and Fitch. In addition to increasing exposure to a new vertical of the Financial sector within the SMIF portfolio, Kevin’s investment thesis focused on S&P Global’s proprietary data leading to increased profits due to AI advancement. Additionally, S&P Global sits within the financials industry but correlates more to the technology and information sector given its reliance on data; as SMIF aims to underweight financials and overweight technology and information, holding a technology stock hidden within the financial sector will be beneficial. SMIF voted to buy approximately $50,000 of S&P Global (SPGI), funded by the sale of CFG and BX.