Preqin partners with FactSet over data platform 18 July 2019London Reporter: Rebecca Delaney
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Preqin has collaborated with FactSet to provide its clients with access to private equity data.
The FactSet workstation, developed by the global provider of integrated financial data and analytics, allows users to integrate and compare private equity data relating to fund managers, investors and overall performance.
As a data and insight provider to the alternative assets industry, Preqin’s clients will benefit from this cooperative and will be able to request Preqin data in their FactSet platform as long as they are subscribed to both.
Ayo Akindele, global head of partnerships at Preqin, commented: “We are very pleased to announce this forthcoming collaboration with FactSet, which makes two leading financial information resources available side-by-side.”
He continued: “This evolution further reflects our ongoing commitment to our Preqin Anywhere programme. Allocators will now be able to get unparalleled analysis that spans every asset class, while dealmakers will have access to a wealth of added insights on potential buyers and sellers to optimise their deal sourcing.”
Justin Strand, senior vice president and chief content officer at FactSet, added: “Investments in private equity are growing, and clients require corresponding data to manage these investments effectively. We are excited they can now utilise Preqin’s content within the FactSet workstation.”
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