BlackRock Unifies Private Markets Tech with Preqin Integration

Event summary

  • BlackRock has integrated Preqin’s data and technology into its eFront platform for private markets investors.
  • The integration allows institutional clients to manage their full investment lifecycle in one place.
  • Preqin’s data provides detailed market context, including over 14,000 funds with performance data.
  • The move accelerates BlackRock’s strategy to unite investments, technology, and proprietary data within a single platform.
  • Sloane Collins, BlackRock’s head of product for Aladdin Private Markets, highlighted the integration as a step towards narrowing the gap between private and public portfolio management.

The big picture

BlackRock’s integration of Preqin’s technology into its eFront platform is part of a broader trend towards consolidating private markets data and analytics. This move aligns with the increasing demand for transparency and efficiency in managing private assets, as institutional investors seek to streamline their workflows. The scale of BlackRock’s AUM and the strategic importance of private markets make this integration a significant development in the asset management industry.

What we're watching

Adoption Pace
How quickly institutional investors will adopt the unified platform for private markets.
Competitive Response
Whether competitors will accelerate their own private markets technology integrations.
Data Utilization
The extent to which investors leverage Preqin’s data for pre- and post-investment decisions.