PitchBook is the market leader in private market data based on the breadth and depth of our coverage, which spans venture capital, private equity, private credit and bank loans, and merger and acquisition activities. When it comes to private fund and benchmark data along with related private market coverage, our coverage is comparable to Preqin’s. We don’t have detailed data on the share of our customers who also use Preqin, but we do observe some overlap, especially among limited partners and general partners.
While we’re not in a position to comment on Blackrock’s plans for Preqin, we remain focused on our long-term strategy for PitchBook of delivering value to customers and continue to see a strong runway for growth. Our value to customers comes from both the breadth and depth of our data and our continued introduction of new and innovative IP, such as the Manager Score, a recently introduced benchmarking tool that leverages our proprietary methodology to compare fund manager performance. In addition, we remain intensely focused on servicing our customers, which we believe to be a core advantage in our competitive positioning.