Barings backs private market data provider in acquisition of Colmore

Mark Battersby
clock • 1 min read

Global investment management firm Barings has supported Preqin, one of the market leaders for data and research to the alternative assets industry, via a senior secured facility to finance the acquisition of Colmore, one of the leading providers of software and analysis to global investors. Financial terms were not disclosed in the funding announcement on 12 August. Joseph Buckley, director, Barings European Private Finance group, said: "For years, Preqin has provided crucial information and actionable data to a long list of blue chip customers across the financial services industry. ...

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