---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-044184"
form_type: "8-K"
ticker: "BLK"
cik: "0002012383"
company_name: "BlackRock, Inc."
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T21:52:37.509400+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BlackRock completes $3.2B acquisition of private markets data firm Preqin

## Summary
- Acquired Preqin for £2.55B (~$3.2B) in cash; funded via $2.5B senior notes and available cash.
- Preqin covers 210,000 funds and has over 220,000 users among asset managers, insurers, and wealth managers.
- Founder Mark O'Hare joins BlackRock as Vice Chair; Preqin will remain standalone with Aladdin integrations.
- Private markets data TAM expected to reach $18B by 2030; alternatives projected at $30T by decade end.

## SEC filing metadata
- accession: 0001193125-25-044184
- form_type: 8-K
- ticker: BLK
- cik: 0002012383
- company_name: BlackRock, Inc.
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2012383/000119312525044184/0001193125-25-044184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2012383/000119312525044184/d919939d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-044184
- JSON: https://secwatch.observer/filing/0001193125-25-044184.json
- Plain text: https://secwatch.observer/filing/0001193125-25-044184.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.