BlackRock, Inc. (NYSE: BLK), a global leader in investment management, has announced a significant acquisition of Preqin, an independent provider of private markets data, for a hefty sum of £2.55 billion (approximately $3.2 billion) in cash. This strategic move is set to enhance BlackRock’s data and research capabilities, positioning it as a frontrunner in private […]
Altruist, the innovative custodian service provider for Registered Investment Advisors (RIAs), announced a significant financial milestone with a $169 million Series E funding round. This latest investment was spearheaded by ICONIQ Growth and saw contributions from new participant Granite Capital Management and steadfast supporters Adams Street Partners and Sound Ventures. With this new influx of […]
