BlackRock said on March 3, 2025 that it acquired 100% of the shares of Preqin Holding Limited for an enterprise value of £2.55 billion (about $3.2 billion based on the GBP/USD exchange rate as of December 31, 2024), paid in cash.

8-KOther EventsFiled Mar 3, 2025Period of report Mar 3, 2025Summary published (UTC) Oct 16, 2026

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BlackRock said on March 3, 2025 that it acquired 100% of the shares of Preqin Holding Limited for an enterprise value of £2.55 billion (about $3.2 billion based on the GBP/USD exchange rate as of December 31, 2024), paid in cash.
The company disclosed that it funded the acquisition consideration with the proceeds of the $2.5 billion in senior notes it issued earlier, along with available cash.
The company said Preqin will continue to be offered as a standalone solution, with joint customers first receiving product integrations such as access to Preqin benchmarks within Aladdin. It said it plans over time to integrate Preqin's proprietary data and research tools with Aladdin and eFront.
The company said Preqin's platform covers 210,000 funds and has more than 220,000 users. It also said Preqin founder Mark O'Hare joined BlackRock as a Vice Chair after the transaction.

Summary

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

BlackRock Completes Acquisition of Preqin Holding Limited

BlackRock said on March 3, 2025 that it acquired 100% of the shares of Preqin Holding Limited for an enterprise value of £2.55 billion (about $3.2 billion based on the GBP/USD exchange rate as of December 31, 2024), paid in cash.

Source · Based on the filing body and exhibits

How the Acquisition Was Funded

The company disclosed that it funded the acquisition consideration with the proceeds of the $2.5 billion in senior notes it issued earlier, along with available cash.

Source · Based on the filing body and exhibits

Preqin Product Operations and Plans to Integrate with Aladdin and eFront

The company said Preqin will continue to be offered as a standalone solution, with joint customers first receiving product integrations such as access to Preqin benchmarks within Aladdin. It said it plans over time to integrate Preqin's proprietary data and research tools with Aladdin and eFront.

Source · Based on the filing body and exhibits

Preqin Platform Scale and Founder's Vice Chair Appointment

The company said Preqin's platform covers 210,000 funds and has more than 220,000 users. It also said Preqin founder Mark O'Hare joined BlackRock as a Vice Chair after the transaction.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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