BlackRock agrees £2.55bn deal to acquire Preqin in private markets expansion

Second PE deal of the year

Linus Uhlig
clock • 1 min read
The $10.5trn asset manager will combine Preqin with its existing private markets solution
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The $10.5trn asset manager will combine Preqin with its existing private markets solution

Following reports over the weekend of an imminent acquisition, BlackRock has agreed to purchase Preqin for £2.55bn.

The $10.5trn (£8.28trn) asset manager will combine Preqin with its existing private markets solution, eFront, which is part of BlackRock's Aladdin platform. Preqin has provided data about privat...

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