Preqin
Preqin provides financial data and information on the alternative assets market, as well as tools to support investment in alternatives. By the company's own definition, its data encompasses private capital and hedge funds, including fund, fund manager, investor and deal information, as well as market-wide benchmarks. The asset classes it covers are: private equity, venture capital, hedge funds, private debt, real estate, infrastructure, natural resources and secondaries.
Private Company | |
Founded | 2003 |
Headquarters | London New York City Singapore San Francisco Hong Kong Bangalore Manila Guangzhou |
Key people | Mark O'Hare |
Products | Research & Data |
Number of employees | 500+ |
Website | www.preqin.com |
History
Preqin launched as ‘Private Equity Intelligence’ in 2003. Founded by Mark O’Hare and Nick Arnott, it began by listing private equity performance data, relying on the Freedom of Information Act (FOIA).[1] As the company expanded it began to collect data for more asset classes, and it now covers private equity, venture capital, hedge funds, private debt, real estate, infrastructure, natural resources and secondaries. It gets most of its data from voluntary contributions and direct contact with market participants.
In 2017, Preqin won the Alt Credit Intelligence US Services award for ‘Best Data and Information Provider’, as well as the Corporate LiveWire Global Fund Award for ‘Data Provider of the Year’. It won six separate awards in 2016, including The Queen's Award for Enterprise in International Trade.[2]
Data
Preqin provides data on fundraising, investors, performance, dry powder, AUM and deal flow, as well as information on compensation, fund terms and employment. It publishes research reports that draw from its data and include contributions from alternative investment professionals, as well as Preqin subject experts. In 2018 the business launched a research report titled Women in Alternatives[3], which detailed underrepresentation of women in the alternative assets industry.
Preqin is headquartered in London, and has offices in seven more international locations: New York, San Francisco, Singapore, Hong Kong, Bangalore, Manila and Guangzhou. It has on-the-ground research teams in many of these regions, monitoring and gathering data and information on markets worldwide.
Preqin's methods of data collection include web data extraction, direct conversations with fund managers, on and offshore web research, FOIA requests and manager-initiated data contributions.
Products
Preqin Pro
Preqin Pro is a data platform that provides access to private capital and hedge fund data sets and tools. The platform provides data for application across the investment lifecycle, including market data and information on individual investors, consultants, managers, funds, transactions and service providers. These data sets are supported by tools such as target lists, saved searches, and investor news and alerts.
Preqin Solutions
Formerly Baxon Solutions,[4] Preqin Solutions[5] is Preqin's software product. The software allows users to monitor, analyze and report on their fund portfolios.
Preqin Insights
Preqin's research portal contains all the business’ editorial output such as research reports, blogs, videos and event information. Preqin's best known and most popular reports are its Global Alternatives Reports,[6] which are released towards the beginning of the calendar year.
Spotlight
Preqin's regular newsletter delivers data and analysis on all asset classes to subscribers’ inboxes.
References
- "Freedom of Information Act 2000". www.legislation.gov.uk. Expert Participation. Retrieved 2018-11-30.CS1 maint: others (link)
- "Preqin Ltd «". queensawardsmagazine.com. Retrieved 2018-11-30.
- "Subscribe to read". Financial Times. Retrieved 2018-11-30.
- "Baxon Solutions rebranded as Preqin Solutions after Acquisition". Holland Mountain. 2017-03-02. Retrieved 2018-11-30.
- "PREQIN SOLUTIONS LIMITED - Overview (free company information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2018-11-30.
- "Back to School: New GPs outperform, face fundraising headwinds in 2017: Preqin - PE Hub". PE Hub. Retrieved 2018-11-30.