
Preqin is a leading provider of data and insights for the private markets industry. Founded in 2003, Preqin has become the go-to source for information on private equity, hedge funds, and other alternative assets.
With a database of over 30,000 funds and 100,000 individuals, Preqin's data solutions are unparalleled in the industry. This comprehensive data set is updated daily, ensuring that clients have access to the most current information.
Preqin's expertise in private markets data has earned it a reputation as a trusted advisor to investors, fund managers, and service providers. Its data solutions help clients make informed decisions and navigate the complexities of the private markets landscape.
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Alternative Investments
BlackRock's acquisition of Preqin is poised to revolutionize the way private markets are understood and navigated, with a $3.22 billion deal that will bring comprehensive data to the forefront of investment strategy.
Having access to detailed, reliable data is invaluable for family offices with investments in alternative assets, allowing for better-informed decisions, risk management, and performance benchmarking.
Big Data in Alternative Investments
Data is becoming a cornerstone of investment strategy in alternative assets. This is especially true for family offices with investments in alternative assets, having access to detailed, reliable data is invaluable.
BlackRock's acquisition of Preqin for $3.22 billion is a big play in private market data. It will enable BlackRock to create indexes for private markets, akin to those in public markets.
Having access to detailed, reliable data allows for better-informed decisions, risk management, and performance benchmarking. By acquiring Preqin, BlackRock is making a move to enhance data collection, create benchmarks, and offer comprehensive tools for asset allocation and performance analysis.
The integration of Preqin's data with BlackRock's Aladdin platform is a strategic move to bridge the transparency gap between public and private markets through data and analytics. This presents a substantial opportunity for Aladdin to make private markets investing easier and more accessible.
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Navigating Competitive Dynamics
Navigating Competitive Dynamics can be a challenge, especially when it comes to integrating a new acquisition. Preqin's existing clients, many of whom are BlackRock's competitors, may feel uneasy about the integration.
BlackRock's COO, Rob Goldstein, reassured that the integration will prioritize client benefits. He noted that every acquisition has been an opportunity to strengthen their capabilities for clients.
The integration will maintain Preqin as a standalone service while expanding the reach of BlackRock's Aladdin platform. This means that Preqin's existing clients will continue to have access to the same service they're used to.
Data is a critical component of the industry, powering technology, capital formation, investing, and risk management. BlackRock sees the potential for data to drive the industry forward.
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Market Trends
Private markets are at the core of BlackRock's investment and technology strategy, thanks to its acquisition of Preqin.
This shift is expected to bring about a future where data-driven insights and technology drive more informed and effective investment strategies for family offices.
The acquisition presents an opportunity for family offices to enhance their investment approach with robust data and sophisticated tools.
Family offices can look forward to a future where data, technology, and strategic insights converge to unlock new investment opportunities and drive growth in alternative assets.
BlackRock's acquisition of Preqin is a strategic milestone that's transforming the private markets landscape.
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Financial Services
Preqin's Financial Services platform provides a comprehensive view of the global financial services industry.
Preqin tracks over 2,500 private equity funds and 1,600 hedge funds, offering a vast pool of data for investors to make informed decisions.
Preqin's database includes information on fund managers, investors, and deals, making it a valuable resource for financial professionals.
The platform also features a fund manager directory, which lists over 1,300 fund managers across various asset classes, including private equity, hedge funds, and real estate.
Preqin's financial services data is used by a wide range of users, including investors, fund managers, and service providers.
The platform's data is updated regularly, ensuring that users have access to the most current information in the market.
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Frequently Asked Questions
How much does a Preqin license cost?
Preqin software licenses range from $25,000 to $81,000 annually, with an average cost of $51,500. Learn more about Preqin pricing and how it can benefit your business.
Who owns Preqin?
Preqin is owned by BlackRock, a global asset manager, following a cash acquisition of approximately $3.2 billion in June. BlackRock acquired Preqin to expand its presence in the private-markets data business.
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