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 $10.5tn asset manager will combine Preqin with its existing private markets solution, eFront, which is part of BlackRock’s Aladdin platform.
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The $10.5tn asset manager will combine Preqin with its existing private markets solution, eFront, which is part of BlackRock’s Aladdin platform.

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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Linus Uhlig
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Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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