NEW YORK, Jan. 9, 2020 /PRNewswire/ -- Preqin, the
foremost provider of data, analytics and insights to the
alternative assets community, and S&P Global Market
Intelligence, the division of S&P Global that provides data,
essential insights, and powerful analytics to help navigate the
finance markets, announced today a strategic collaboration to share
data between their respective platforms. As part of the
collaboration, Preqin data will be made available via the Market
Intelligence platform and vice versa:
- Preqin's coverage across all alternative asset classes,
including private equity/venture capital, hedge funds, private
debt, infrastructure, natural resources and real estate will be
available through S&P Global Market Intelligence's Datafeed
solutions.
- Preqin's private equity and venture capital coverage will be
integrated, linked and available through the Market Intelligence
desktop solution.
- Market Intelligence's company financials and transaction
coverage will be integrated, linked and available through the
Preqin Pro platform.
This collaboration will provide professionals investing in
private markets with access to a wider range of differentiated
datasets in an integrated platform. S&P Global Market
Intelligence's offering is central to the work of the financial and
investment community, while Preqin's offering provides in-depth
analysis of the alternative asset classes. The linking and
integration of the data and analytics from both platforms will
create an end-to-end workflow solution for capital raising, deal
origination, due diligence, and market research.
"We are excited to announce this important collaboration with
S&P," said Ayo Akindele,
Preqin's Global Head of Partnerships. "Financial operatives
recognise the increasing significance private capital plays in
today's global market. Working together like this means we will be
able to provide significant additional value to the process and
save time for both buy-side & sell-side players across public
and private market by making data and intelligence more easily
accessible. This integration is another step toward our mission of
making sure that Preqin's industry-leading data is the standard and
reference for all market participants, and that our clients can
access this best-in-class data when assessing opportunities across
any market."
"As we see more market demand for coverage in the private
capital market, this collaboration will enable us to provide our
customers a comprehensive and deeper set of fund-level and venture
capital insights in an integrated way," said JP O'Sullivan,
Managing Director of Financial Institutions at S&P Global
Market Intelligence. "Preqin is widely recognized as the market
standard for data and analytics in this space and we look forward
to working with them to be able to deliver essential insights to
our clients across our data feed and desktop solutions."
Preqin Pro tracks over 38,000 alternative asset fund managers
and 16,000 institutional investors. Its market-leading datasets
contain details of almost 25,000 funds, over 300,000 deals &
exits, and benchmarks backed by more than 10,000 fund-level returns
records. Preqin Pro delivers the most powerful analytics tools
available to help investors and fund managers to actively and
efficiently find and evaluate new and existing investment
opportunities.
The Market Intelligence platform comprises a desktop offering
providing vast market data, deep sector analysis, and
sector-focused news to provide insights to investors and deal
makers. Its datafeed solutions uses the combined strength of
S&P Global Market Intelligence and select third-party vendors
to enhance internal analytics, financial portals, CRM, and
more.
About Preqin
Preqin is the Home of AlternativesTM, the
foremost provider of data, analytics and insights to the
alternative assets community. From pioneering rigorous methods of
data collection to developing a revolutionary platform, we have
committed ourselves to furthering the understanding of alternatives
for over 16 years. Through close partnership with our clients, we
continuously build innovative tools and mine new intelligence to
enable them to make the best decisions every day.
About S&P Global Market Intelligence
At
S&P Global Market Intelligence, we know that not all
information is important—some of it is vital. We integrate
financial and industry data, research and news into tools that help
clients track performance, generate alpha, identify investment
ideas, understand competitive and industry dynamics, perform
valuations and assess credit risk. Investment professionals,
government agencies, corporations and universities globally can
gain the intelligence essential to making business and financial
decisions with conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). For more information, visit
www.spglobal.com.
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SOURCE S&P Global Market Intelligence