BlackRock enhances alts data with $3.2B Preqin acquisition
Asset manager will gain valuable insights into risks, opportunities.
BlackRock Inc. will acquire private capital database provider Preqin for £2.55 billion ($3.2 billion) in cash, as the world’s largest money manager accelerates its push to become a major player in alternative assets.
The acquisition deepens BlackRock’s ability to oversee risks and analyze da
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