Story perspectives

BlackRock Acquires Preqin for $3.2 Billion, Enhancing Data Tools

3/5/2025

46 9

Summary

Story summary

BlackRock has finalized its $3.2 billion acquisition of Preqin, boosting its private markets data capabilities.
Preqin will function independently while merging its data with BlackRock’s Aladdin and eFront platforms.
This acquisition targets transparency challenges in private markets, expected to hit $30 trillion by 2030.
Preqin founder Mark O'Hare joins as Vice Chair to enhance data services.
The deal aims to improve investment tools for clients in both public and private markets.

1 of 1

Story summary

BlackRock has finalized its $3.2 billion acquisition of Preqin, boosting its private markets data capabilities.
Preqin will function independently while merging its data with BlackRock’s Aladdin and eFront platforms.
This acquisition targets transparency challenges in private markets, expected to hit $30 trillion by 2030.
Preqin founder Mark O'Hare joins as Vice Chair to enhance data services.
The deal aims to improve investment tools for clients in both public and private markets.