Bloomberg has entered into a definitive agreement to acquire Canoe Intelligence, an AI-powered data management and intelligence platform for automating private markets data collection and delivery. The firm says the acquisition accelerates its strategy to deliver unified data, analytics, and tools to power end-to-end workflows and better serve investors across public and private markets. This acquisition enables Bloomberg to integrate Canoe’s private markets capabilities with Bloomberg’s solutions to deliver innovative tools and new insights across the full investment lifecycle for both private and public markets. Vlad Kliatchko, CEO of Bloomberg: “Today, private markets are primed to undergo a similar transformation as investors seek the same kind of structured, timely insights across private assets. Jason Eiswerth, CEO of Canoe Intelligence, adds: “When we partnered with Bloomberg earlier this year on our PORT integration, we saw firsthand what becomes possible when Canoe's data automation meets Bloomberg's portfolio infrastructure.