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BlackRock Eyeing Private Market Indexing after Preqin Acquisition - The Tech Report

Retrieved on: 2024-07-04 18:44:45

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Summary

The article describes BlackRock's acquisition of Preqin for $3.22 billion to index and consolidate the fragmented alternative investment market. It highlights BlackRock's strategy to democratize and enhance accessibility to private assets, including hedge funds and private equity.

Article found on: techreport.com

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