Updated
Updated · Markets Media · Jul 9
BlackRock Aladdin Expands Preqin Benchmarks to Cover $13 Trillion in Private Markets
Updated
Updated · Markets Media · Jul 9

BlackRock Aladdin Expands Preqin Benchmarks to Cover $13 Trillion in Private Markets

3 articles · Updated · Markets Media · Jul 9

Summary

  • BlackRock Aladdin broadened Preqin Benchmarks and Indices across its platform, adding reporting-grade indices and customizable peer benchmarks in one integrated private-markets tool.
  • More than 10,000 closed-end funds representing over $13 trillion are now covered, alongside asset-level indices and more than 140,000 peer benchmarks.
  • The expansion targets a fragmented market where investors have relied on separate tools and providers, aiming to standardize performance, risk analysis, manager evaluation and reporting.
  • Preqin Pro, Aladdin, eFront and Aladdin Wealth clients can access the data directly, while API and redistribution options extend it to wealth managers and third-party platforms.
  • BlackRock is positioning the enhanced offering as infrastructure for bringing institutional-grade private-markets benchmarking into broader portfolio and advisory workflows.

Insights

As private markets adopt public-style benchmarks, will the unique returns that investors seek simply disappear?
With competitors also building benchmarks, are private markets headed for a 'benchmark war' instead of a single standard?
Could providing daily-like data for illiquid assets create a false sense of security and increase systemic market risk?