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The transaction introduced on Monday marks BlackRock’s next very good-sized acquisition focused on non-public marketplaces in six months. It struck a $12.5bn deal to acquire Worldwide Infrastructure Companions in January. That acquisition is on track to shut inside the third quarter.

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The $ten.5tn asset manager conquer S&P World-wide and Bloomberg to acquire Preqin in the most up-to-date of a series of specials for specialised knowledge providers, according to people briefed over the deal.

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