Preqin

BlackRock Makes Billion-Dollar Move to Acquire Preqin – Unlock the Editor’s Digest for Free!

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Financial services giant BlackRock has made a significant move into the UK private markets data space by acquiring Preqin for £2.55bn in cash. This acquisition marks BlackRock’s entrance into the financial information provision sector, as the $10.5tn asset manager continues to expand its presence in alternative assets. The purchase of Preqin comes as part of a trend in the financial industry, where data providers are becoming increasingly sought after by private equity groups, asset managers, …

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BlackRock’s $3.2 Billion Data Expansion with Preqin Acquisition – What You Need to Know!

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London, England – BlackRock is set to acquire data provider Preqin for a hefty $3.2 billion, marking a significant move in the private data expansion sector. The acquisition aims to bolster BlackRock’s capabilities in gathering and analyzing data, solidifying its position as a key player in the industry. This strategic move by BlackRock comes as the demand for high-quality data in the financial sector continues to soar. By integrating Preqin’s data services into its portfolio, …

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