BlackRock Establishes Preeminent Private Markets, Technology, and Data Provider with Close of Preqin Acquisition
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BlackRock Inc. has completed its acquisition of Preqin, enhancing its capabilities in private markets, technology, and data solutions. This move aims to strengthen BlackRock's service offerings across public and private markets.
March 03, 2025 | 12:00 pm
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BlackRock has finalized its acquisition of Preqin, a leading private markets data provider. This acquisition is expected to enhance BlackRock's service offerings by integrating investment, technology, and data solutions, particularly in the fast-growing private markets segment.
The acquisition of Preqin by BlackRock is a strategic move to enhance its capabilities in the rapidly growing private markets sector. This is likely to positively impact BlackRock's stock as it strengthens its service offerings and market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100