Aladdin®’s Post

BlackRock's $3.2 billion acquisition of Preqin marks a significant expansion into the alternative investment space, where they have traditionally played a modest role. This strategic move showcases BlackRock's ambition to dominate private markets by harnessing Preqin's extensive data and analytics capabilities. A few takeaways:   A. Previously seen as an independent and unbiased data source, there are concerns about whether Preqin's integration into a massive firm like BlackRock will affect its objectivity. B. As BlackRock strengthens its presence, the demand for comprehensive data solutions will rise, potentially driving innovation and elevating industry standards. C. For financial professionals such as advisors and investment managers, staying ahead means embracing data-driven approaches and investing in cutting-edge technology to navigate the complexities of private markets while monitoring the evolving landscape of data integrity. For more details, you can read the full article on Bloomberg. #privatemarkets #secondaries #AlternativeInvestments

Big move and interesting strategy to tap into the private side

📢 BlackRock Acquires Preqin for $3.2 Billion ⏺ Preqin specializes in providing data and analytics covering alternative assets including private equity and hedge funds. ⏺200,000 users with global data coverage across 190,000 funds, 60,000 fund managers and 30,000 private markets investors. ⏺20 per cent annual revenue growth over the past three years ⏺Blackrock is paying 13 times Preqin’s expected 2024 annual recurring revenue of $240 million 😲 Why This Matters: ➡ Feed the Machine: Advanced AI models need large/novel datasets and we will continue to see specialized data providers snapped up as the industry continues to Aggregate, Analyze and Automate(AAA) ➡ Healthy Valuation: The premium paid(13x) reflects the crucial role of granular and specialized financial datasets in modern asset management ➡Growing Market: Private markets data is an $8 billion total addressable market, growing at 12% annually, and expected to reach $18 billion by 2030. ➡Strategic Integration: Integrating Preqin with BlackRock’s Aladdin and eFront platforms will enhance transparency and efficiency in private markets. Key Takeaway: BlackRock’s move deeper into the financial data and analytics business demonstrates the growing value of unique, granular financial datasets, as investors compete to drive better investment outcomes and service the unique needs of their global clients. 🔗 Read more about the acquisition here: https://lnkd.in/eSwPbqaV #Finance #Investing #PrivateMarkets #DataAnalytics #BlackRock #Preqin #MergersAndAcquisitions #AlternativeAssets

BlackRock makes a significant move in the financial sector by acquiring Preqin for $3.2 billion, signaling a strong commitment to expanding its presence in alternative assets. This acquisition underscores the growing importance of private markets, identified as the fastest-growing segment in asset management. #BlackRock #Preqin #Finance #AssetManagement #PrivateMarkets

BlackRock delves deeper into the private market space. This move helps them build private market tools and benchmarks in the long term. #privatemarket #alternativeinvestments #exemptmarket

It's all about #data these days and there is a dearth of quality & depth in #privatemarkets with only a few leading sources. Thus this acquisition is noteworthy and should make a meaningful addition to BlackRock's #alternatives suite. The statement comments that this "brings together the data, research and investment process for fund managers and investors across fundraising, deal sourcing, portfolio management, accounting and performance". Definitely one to watch given how much demand there is in this area. #assetmanagement #technology https://lnkd.in/es4taZ9n

Hi highly respected BlackRock CEO and Chairman Larry Fink. Your "innovate constantly" expression means the prevailing public and private equity FM trends recognition from database chaos by the common sense of qualitative logistic involves the several hundred variable is mostly qualitative while existed technologies named analytics are not predictive strategically. Are there innovative ways in investments improvement improving gross annual profit (gap)? I am sure your human resources in recognition process is on the top of saturations and feasible possibilities. Technologies contribute its part has no limitation taking care about the hidden innovation, I derived scientifically from the investment mechanism the causation and predictive Dynamic Economic Principle.(DEP). It produces answer to the question whether technology is the real or fake. It is a tiny scientific step I am sharring towards progress you are searching always

🚨 Breaking News! 🚨 BlackRock's recent acquisition of Preqin is shaking up the financial world! 🌍💼 This strategic move aims to supercharge BlackRock’s data and analytics capabilities, especially in private market investments. With Preqin’s top-notch data solutions, BlackRock clients will now enjoy deeper insights and more refined investment strategies. 📊✨ Read the full article to discover: - The strategic goals behind this game-changing acquisition. - How BlackRock and Preqin are set to dominate the market. - What this means for the future of investment management. Don't miss out on the full story! 📰👉 https://buff.ly/4eRaxID #BlackRock #Preqin #InvestmentNews #Finance #DataAnalytics #PrivateMarkets #BusinessStrategy #GameChanger

BlackRock's Milestone Achievement Exciting news from BlackRock! The world's largest asset manager has hit a record $10.65 trillion in assets under management in the second quarter, driven by ETF flows and a booming bull market. Key Highlights: * Assets soared from $9.43 trillion a year earlier to $10.65 trillion. * BlackRock registered total net inflows of $81.57 billion, with ETFs capturing $83 billion—their best start to a year on record. * Revenue surged 8% to $4.81 billion, with significant growth in technology services, reflecting strong demand for their Aladdin platform. Major strategic acquisitions: Preqin for $3.2 billion and Global Infrastructure Partners for $12.5 billion, bolstering BlackRock's position in private markets. CEO Larry Fink stated, "BlackRock is executing on the broadest opportunity set we've seen in years." The firm’s strategic moves into private markets and infrastructure investing highlight its ambition and adaptability. Join us in celebrating this remarkable achievement! #Finance #AssetManagement #Investing #ETFs #BlackRock #MarketGrowth #Innovation #PrivateMarkets #InfrastructureInvestment #TheSocialTalks

BlackRock Inc. has taken a bold step by acquiring Preqin, a private-markets data provider, for £2.55 billion ($3.23 billion). While BlackRock aims to enhance its Aladdin platform and expand revenue sources, the high cost and associated risks cannot be ignored. This deal raises questions about whether BlackRock, with its limited experience in data management, can effectively integrate and leverage Preqin’s capabilities. As BlackRock navigates the polarized investment industry, this strategic bet on Preqin could either solidify its dominance or expose vulnerabilities in its diversification strategy.