secwatch.observer — SEC 8-K summary
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Issuer:     BlackRock, Inc. (BLK)
CIK:        0002012383
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001193125-25-044184
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012383/000119312525044184/0001193125-25-044184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012383/000119312525044184/d919939d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-044184

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer