BlackRock Buys Preqin for $3.2B in Private Assets Push

News July 01, 2024 at 08:33 AM
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What You Need To Know

  • The deal deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets.
  • Alternative assets are expected to reach nearly $40 trillion by the end of the decade, the firm says.
  • Preqin covers 190,000 funds, 60,000 fund managers and 30,000 private markets investors.
BlackRock headquarters in New York