Company History
Preqin traces its roots back to 2002, when the company was launched with the name Private Equity Intelligence. It was founded by Nick Arnott and Mark O'Hare. Private equity represented the sole area of focus for the company at the time. The first product launched by the firm was Performance Analyst, which uses the Freedom of Information Act legislation in the UK and US to gain performance data on private equity fund performance from public pension plans. This made it possible to view fund performance data for thousands of private equity vehicles at the fund level. Other products providing a list of fund managers on the road seeking capital and a database of institutional investors active in private equity soon followed.
Preqin extended its scope to include real estate in 2006, to hedge fund investors in 2007, and to infrastructure in 2008. As a result of the change in focus from private equity to all alternative assets, the company changed its name to became formally known as Preqin in 2008.
Within its three main areas of focus—private equity, real estate, and infrastructure—Preqin publishes information on private equity funds including fund performance, fund terms and conditions, fund manager profiles and fund of funds as well fundraising and information on institutional investors. Preqin also publishes information on hedge funds, fund of hedge funds, and institutional investors.
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