BlackRock Establishes Preeminent Private Markets, Technology, and Data Provider with Close of Preqin Acquisition
BlackRock (NYSE:BLK) has completed its acquisition of Preqin, a leading independent private markets data provider. This strategic move enhances BlackRock's ability to serve clients across public and private markets by integrating investment, technology, and data solutions on a single platform.
Private markets, projected to reach $30 trillion in alternative assets by decade's end, represent the fastest-growing segment of global investing. The acquisition addresses the transparency challenges limiting institutional and wealth investors' allocations to private markets.
Preqin will extend BlackRock's technology offerings while remaining available as a standalone solution. The platform covers 210,000 funds with over 220,000 users. Integration with BlackRock's Aladdin and eFront platforms will transform private markets investing across various functions. The private markets data segment is expected to grow to an $18 billion total addressable market by 2030.
BlackRock (NYSE:BLK) ha completato l'acquisizione di Preqin, un importante fornitore indipendente di dati sui mercati privati. Questa mossa strategica migliora la capacità di BlackRock di servire i clienti nei mercati pubblici e privati integrando soluzioni di investimento, tecnologia e dati su un'unica piattaforma.
I mercati privati, che si prevede raggiungeranno 30 trilioni di dollari in attivi alternativi entro la fine del decennio, rappresentano il segmento in più rapida crescita degli investimenti globali. L'acquisizione affronta le sfide di trasparenza che limitano le allocazioni degli investitori istituzionali e patrimoniali nei mercati privati.
Preqin estenderà l'offerta tecnologica di BlackRock rimanendo disponibile anche come soluzione autonoma. La piattaforma copre 210.000 fondi con oltre 220.000 utenti. L'integrazione con le piattaforme Aladdin ed eFront di BlackRock trasformerà gli investimenti nei mercati privati attraverso varie funzioni. Si prevede che il segmento dei dati sui mercati privati crescerà fino a un mercato totale indirizzabile di 18 miliardi di dollari entro il 2030.
BlackRock (NYSE:BLK) ha completado la adquisición de Preqin, un proveedor independiente líder de datos sobre mercados privados. Este movimiento estratégico mejora la capacidad de BlackRock para atender a los clientes en los mercados públicos y privados al integrar soluciones de inversión, tecnología y datos en una sola plataforma.
Los mercados privados, que se proyecta alcancen 30 billones de dólares en activos alternativos para finales de la década, representan el segmento de más rápido crecimiento en la inversión global. La adquisición aborda los desafíos de transparencia que limitan las asignaciones de los inversores institucionales y de patrimonio a los mercados privados.
Preqin ampliará la oferta tecnológica de BlackRock mientras permanece disponible como una solución independiente. La plataforma cubre 210,000 fondos con más de 220,000 usuarios. La integración con las plataformas Aladdin y eFront de BlackRock transformará la inversión en mercados privados en varias funciones. Se espera que el segmento de datos de mercados privados crezca hasta un mercado total direccionable de 18 mil millones de dólares para 2030.
블랙록 (NYSE:BLK)은 독립적인 주요 사모 시장 데이터 제공업체인 프레퀸 인수를 완료했습니다. 이 전략적 결정은 블랙록이 공공 및 사모 시장 전반에 걸쳐 고객을 지원할 수 있는 능력을 강화하며, 투자, 기술 및 데이터 솔루션을 단일 플랫폼에 통합합니다.
사모 시장은 10년 말까지 30조 달러의 대체 자산에 이를 것으로 예상되며, 글로벌 투자에서 가장 빠르게 성장하는 부문입니다. 이번 인수는 사모 시장에 대한 기관 및 자산 투자자의 자산 할당을 제한하는 투명성 문제를 해결합니다.
프레퀸은 블랙록의 기술 제공을 확장하면서 독립 솔루션으로도 남아있을 것입니다. 이 플랫폼은 210,000개의 펀드와 220,000명 이상의 사용자를 포함합니다. 블랙록의 알라딘 및 이프론트 플랫폼과의 통합은 다양한 기능을 통해 사모 시장 투자를 혁신할 것입니다. 사모 시장 데이터 부문은 2030년까지 180억 달러의 총 주소 가능 시장으로 성장할 것으로 예상됩니다.
BlackRock (NYSE:BLK) a finalisé l'acquisition de Preqin, un fournisseur de données indépendant de premier plan sur les marchés privés. Ce mouvement stratégique renforce la capacité de BlackRock à servir ses clients sur les marchés publics et privés en intégrant des solutions d'investissement, de technologie et de données sur une seule plateforme.
Les marchés privés, qui devraient atteindre 30 trillions de dollars d'actifs alternatifs d'ici la fin de la décennie, représentent le segment à la croissance la plus rapide dans l'investissement mondial. L'acquisition répond aux défis de transparence qui limitent les allocations des investisseurs institutionnels et de patrimoine vers les marchés privés.
Preqin étendra l'offre technologique de BlackRock tout en restant disponible en tant que solution autonome. La plateforme couvre 210 000 fonds avec plus de 220 000 utilisateurs. L'intégration avec les plateformes Aladdin et eFront de BlackRock transformera l'investissement dans les marchés privés à travers diverses fonctions. Le segment des données sur les marchés privés devrait atteindre un marché total adressable de 18 milliards de dollars d'ici 2030.
BlackRock (NYSE:BLK) hat die Übernahme von Preqin, einem führenden unabhängigen Anbieter von Daten zu privaten Märkten, abgeschlossen. Dieser strategische Schritt verbessert die Fähigkeit von BlackRock, Kunden in öffentlichen und privaten Märkten zu bedienen, indem Investitions-, Technologie- und Datenlösungen auf einer einzigen Plattform integriert werden.
Private Märkte, die bis zum Ende des Jahrzehnts auf 30 Billionen Dollar in alternativen Vermögenswerten anwachsen sollen, stellen das am schnellsten wachsende Segment des globalen Investierens dar. Die Übernahme adressiert die Transparenzprobleme, die die Allokationen institutioneller und vermögender Investoren in private Märkte einschränken.
Preqin wird das Technologieangebot von BlackRock erweitern und gleichzeitig als eigenständige Lösung verfügbar bleiben. Die Plattform umfasst 210.000 Fonds mit über 220.000 Nutzern. Die Integration mit den Plattformen Aladdin und eFront von BlackRock wird das Investieren in private Märkte über verschiedene Funktionen hinweg transformieren. Der Markt für private Marktdaten wird bis 2030 voraussichtlich auf einen adressierbaren Gesamtmarkt von 18 Milliarden Dollar wachsen.
- Strategic expansion into fast-growing private markets data segment
- Access to extensive database of 210,000 funds and 220,000 users
- Enhanced capability to serve $30T alternative assets market
- Integration with existing Aladdin and eFront platforms strengthens offering
- Addresses critical market transparency needs
- Integration costs and complexity with existing platforms
- Potential execution risks in platform consolidation
Insights
BlackRock's completion of the Preqin acquisition represents a significant strategic expansion into the high-growth private markets data sector. This move addresses a critical market inefficiency – the lack of transparency that has artificially constrained institutional allocations to alternative assets.
The integration creates substantial competitive advantages through the combination of Preqin's private markets data (covering 210,000 funds with 220,000 users) with BlackRock's Aladdin and eFront platforms. This unified ecosystem positions BlackRock uniquely as both a major asset manager and a comprehensive technology/data solution provider across public and private investments.
What's particularly valuable is how this acquisition targets the
This acquisition follows BlackRock's longstanding pattern of strategic evolution through technology investments, beginning with Aladdin and continuing with the 2019 eFront acquisition. By positioning itself at the intersection of the
The Preqin acquisition represents a transformative capability enhancement for BlackRock's technology ecosystem. By integrating Preqin's private markets intelligence with Aladdin and eFront, BlackRock creates what could become the definitive operating system for alternatives investing.
The technical integration strategy reveals sophisticated planning: maintaining Preqin as a standalone offering while progressively embedding its data into BlackRock's platforms. This approach maximizes both immediate value delivery and long-term platform cohesion. The initial integration of Preqin benchmarks into Aladdin provides an immediate technical win for joint customers.
What's technically compelling is how this solves the "common language" problem between public and private markets mentioned by COO Goldstein. The unified data architecture will enable comprehensive cross-asset analytics previously impossible at institutional scale. For technology-forward allocators, this integration eliminates significant data reconciliation challenges that have long hampered efficient private markets investing.
This acquisition substantially accelerates BlackRock's technological capabilities across the full investment lifecycle - from fundraising and deal sourcing to portfolio management and performance reporting. The data advantages should compound over time, as Preqin's 210,000 funds dataset combined with BlackRock's existing information creates powerful network effects that will be difficult for competitors to replicate.
Private markets are the fastest-growing segment of global investing, with alternative assets projected to reach
Rob Goldstein, BlackRock’s Chief Operating Officer, said, “BlackRock is a perpetual reinvention machine, evolving continuously to stay ahead of our clients’ rapidly changing needs. Today, clients are seeking a ‘common language’ for investing that requires better data to drive investment decisions, manage risk, and construct portfolios. With Preqin, a part of BlackRock, we will seek to meet this need, accelerating clients’ ability to allocate to the growth of private markets and furthering our aspirations to deliver greater value across their whole portfolios.”
Mark O’Hare, Founder of Preqin, said, “For decades, investors in private markets have lacked the robust data they need to make fully informed decisions and incorporate private assets into their portfolios at scale. By marrying Preqin with BlackRock’s technology offering, we are even better placed to tackle this challenge and help clients build more diverse, resilient portfolios by delivering the transparency and insights they seek.”
Preqin, a part of BlackRock
From the outset, Preqin will extend BlackRock’s suite of technology offerings, with clients continuing to use Preqin with the same level of expert service. Preqin will remain available as a standalone solution, while joint customers will benefit immediately from product integrations, such as access to Preqin benchmarks within Aladdin. Over time, BlackRock will integrate Preqin’s proprietary data and research tools with Aladdin and eFront. This unification of data, research, and investment processes will transform private markets investing across fundraising, deal sourcing, portfolio management, accounting, and performance reporting.
Sudhir Nair, Global Head of Aladdin, commented, “We are on a journey to make private markets more accessible and transparent for clients through data and technology. We accelerated this ambition in 2019 with our acquisition of eFront, enhancing private markets investment technology and, in combination with Aladdin, enabling the whole portfolio across public and private assets. Today, this ambition takes another leap forward with the addition of Preqin’s data, benchmarks, and analytics capabilities.”
The acquisition significantly enhances BlackRock’s investment technology capabilities, marking a strategic expansion into the rapidly growing private markets data segment, which is expected to grow to an
With a history spanning over 20 years, Preqin is an industry-recognised independent data solutions provider in private markets, empowering investors to make informed decisions by providing data and insights that enhance transparency and access across the global alternatives market. Its platform covers 210,000 funds and has over 220,000 users, including asset managers, insurers, pensions, wealth managers, banks, and other service providers.
Following the transaction, Preqin founder Mark O’Hare has joined BlackRock as a Vice Chair.
Barclays served as lead financial advisor to BlackRock, with Skadden, Arps, Slate, Meagher & Flom acting as legal counsel.
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate
About Preqin, a part of BlackRock
Preqin empowers financial professionals who invest in or allocate to private markets with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. Preqin has pioneered rigorous methods of collecting private data for over 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. Acquired by BlackRock in 2025, Preqin complements the existing Aladdin technology platform to provide investment solutions for the whole portfolio. For more information visit www.preqin.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250228261104/en/
Bart Nash
bart.nash@blackrock.com
Source: BlackRock
FAQ
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