Bloomberg LP is buying Canoe Intelligence, the AI-driven platform that automates private markets data collection and delivery. Why this matters for Bloomberg’s bigger playBloomberg’s existing database already covers more than 3 million private companies, 50,000 private funds, and 16,000 private direct loans. That integration automated private fund data flows directly into Bloomberg’s portfolio analytics platform. For context, public markets data has been structured, searchable, and instantly accessible for decades. Private markets data, by contrast, still arrives in formats that range from inconsistent to incomprehensible.