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The transaction announced on Monday marks BlackRock’s next very good-sized acquisition centered on personal marketplaces in six months. It struck a $12.5bn deal to buy World wide Infrastructure Associates in January. That acquisition is on the right track to shut in the third quarter.
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The Preqin offer sits at the nexus of two locations that BlackRock’s chief executive Larry Fink has cited as crucial to The cash manager’s ongoing advancement: alternative belongings and BlackRock’s technologies arm, which offers danger and knowledge management solutions to the two public and private market asset administrators.
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