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.
Image:

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Linus Uhlig
Author spotlight

Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

More on Investment

LGPS pools back report on mobilising local investment in the UK

LGPS pools back report on mobilising local investment in the UK

Report comes after government’s Pensions Review set out series of LGPS reforms

Holly Roach
clock 09 September 2025 • 3 min read
GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Jonathan Stapleton
clock 09 September 2025 • 2 min read
Barnett Waddingham launches investment monitoring service

Barnett Waddingham launches investment monitoring service

Service for trustees and sponsors aims to bring investment monitoring ‘into the present’

Jonathan Stapleton
clock 08 September 2025 • 1 min read
Trustpilot