The company was Launched by Mark O’Hare, who is expected to become a vice-chair at BlackRock. It had also attracted interest from personal fairness consumers but ultimately opted being acquired by a strategic rival.
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BlackRock has agreed to acquire Preqin, a UK personal markets knowledge team, for £2.55bn in cash, as the entire world’s premier dollars manager presses more durable into different belongings and tends to make its first foray into money details provision.