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The Preqin offer sits at the nexus of two places that BlackRock’s chief executive Larry Fink has cited as important to The cash supervisor’s continued progress: alternative property and BlackRock’s technologies arm, which gives threat and info management companies to both equally private and non-private industry asset supervisors.

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BlackRock has agreed to buy Preqin, a British isles personal marketplaces info team, for £2.55bn in cash, as the earth’s biggest revenue manager presses more difficult into alternate assets and would make its initial foray into money info provision.