Hebbia, an AI platform for finance, has announced a collaboration with BlackRock Aladdin to integrate Preqin data, a source of private markets data. This integration allows limited partners (LPs) and general partners (GPs) to access Preqin’s private markets data directly within the Hebbia platform, aiming to facilitate faster and more informed investment decisions.
The collaboration enables joint Preqin and Hebbia users to connect Preqin datasets, which cover various private markets asset classes including private equity, private credit, venture capital, infrastructure, and real estate, with Hebbia’s workflow tools. Firms can combine this data with internal and other third-party data sources to support due diligence, deal screening, competitive benchmarking, fundraising relationship mapping, and portfolio monitoring, leveraging enterprise AI for speed and scale.
Danny Wheller, VP of Business & Strategy at Hebbia, stated, “Our vision is to empower customers with the world’s best information and the next generation of AI, so investors can make the best decisions. Integrating Preqin’s market-leading alternative asset intelligence directly feeds and strengthens the capabilities of our AI-native platform.”
Piers MacWhannell, Global Head of Preqin Licensing, Feeds and Integrations at BlackRock Aladdin, added, “The next era of private markets will be defined by how effectively investors pair high-quality data with applied AI. By integrating Preqin data and insights into Hebbia, we’re delivering another powerful way for users to leverage AI and navigate markets with greater transparency, uncover opportunities sooner, and increase operational efficiency.”
Hebbia, founded in 2020 by George Sivulka, is a generative AI company supported by Andreessen Horowitz, Peter Thiel, and Index Ventures. Its platform is utilized by investment banks and over 40% of the largest asset managers by AUM. Hebbia’s capabilities include instantly surfacing insights from filings, research, and internal documents, enabling citation-backed research, AI-driven document, PowerPoint, and spreadsheet generation, and AI-driven origination, screening, and diligence.
