March 3, 2025 - 12:14
NEW YORK & LONDON, March 03, 2025—BlackRock Inc. has successfully finalized its acquisition of Preqin, a leading independent provider of data in the private markets sector. This strategic move is set to significantly bolster BlackRock’s ability to deliver comprehensive services to its clients, allowing for a more integrated approach to managing investments across both public and private markets.
The acquisition combines BlackRock’s extensive investment expertise with Preqin's robust technology and data solutions, creating a unified platform that aims to streamline the investment process. This development is expected to enhance the decision-making capabilities of investors by offering deeper insights and analytics on private market opportunities.
As the demand for private market investments continues to grow, BlackRock's acquisition positions it as a formidable player in this space, reinforcing its commitment to innovation and client service. The integration of Preqin's capabilities is anticipated to provide clients with a competitive edge in navigating the complexities of the private markets landscape.
