BlackRock Aladdin Scales Preqin Benchmarks to Standardize Private Markets Performance Analysis

Quick Summary

BlackRock Aladdin is standardizing private markets benchmarking by integrating Preqin’s reporting-grade indices and 140,000+ peer benchmarks into its unified ecosystem. This expansion enables institutional investors to access transparent, LP-sourced data for manager evaluation and risk analysis, covering over $13 trillion in assets across Aladdin, eFront, and Aladdin Wealth platforms.

How Does BlackRock Aladdin Solve Private Markets Benchmarking Fragmentation?

Historically, private markets benchmarking has been plagued by fragmented data and disconnected tools, forcing investors to juggle multiple providers for performance measurement. BlackRock Aladdin addresses this by consolidating reporting-grade indices and customizable peer benchmarks into a single, integrated workflow. By embedding these tools directly into the Aladdin ecosystem, investors can now achieve a whole-portfolio view that includes both public and private assets.

• Unified Data Access: Integration across Preqin Pro, Aladdin, eFront, and Aladdin Wealth.
• Comprehensive Coverage: Access to more than 140,000 peer benchmarks.
• Granular Insights: Asset-level indices powered by daily cash flow data from LPs.

What Results Has the Preqin Integration Delivered for Investors?

The enhanced solution brings unprecedented scale to private markets benchmarking, providing transparency for over 10,000 funds representing more than $13 trillion in assets. This level of standardization allows wealth managers and institutional owners to conduct manager evaluation and policy benchmarking with the same rigor typically reserved for public equities. The use of LP-sourced daily cash flow data ensures that the indices are reporting-grade and highly accurate.

"Expanding the breadth and quality of Preqin’s private markets data is central to bringing greater transparency and standardization to private markets, a core tenet of why we brought Preqin into BlackRock," said Kunal Khara, Global Head of Aladdin Product at BlackRock.

How Does This Impact Wealth Management and Advisory Workflows?

By extending institutional-quality benchmarking into advisory and model portfolio workflows, BlackRock is democratizing access to sophisticated risk analysis. The offering is available via API-based integrations, allowing third-party platforms to deliver Preqin data directly to their clients. This ensures that investment reporting remains consistent whether an investor is looking at a single fund or a complex global portfolio.

• API Redistribution: Enables wealth managers to embed data in custom client experiences.
• Standardized Reporting: Creates a common language for performance across the investment lifecycle.
• Risk Analysis: Enhanced confidence in private market valuations and peer comparisons.

FF NEWS TAKE:

This move by BlackRock Aladdin significantly moves the needle by tackling the "black box" problem of private equity and credit. By integrating private markets benchmarking directly into the industry's most dominant operating system, BlackRock is effectively forcing a common performance standard on a historically opaque sector. This isn't just a product update; it's a strategic play to become the definitive infrastructure for the entire private markets lifecycle.