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Bloomberg to Acquire Canoe Intelligence
['Press Release']
Traders Magazine
Bloomberg to Acquire Canoe Intelligence, Taking a Defining Step in Its Mission to Transform Private Markets InvestingTransaction will accelerate end-to-end intelligence across public and private markets from pre-investment to portfolio oversight with AI-driven insights for investorsBloomberg today announced it has entered into a definitive agreement to acquire Canoe Intelligence (“Canoe”), a leading AI-powered data management and intelligence platform for automating private markets data collection and delivery.
This acquisition addresses a challenge that has long defined private markets: data and intelligence has been fragmented across the investment journey.
Vlad Kliatchko, CEO of Bloomberg: “Over four decades ago, Bloomberg revolutionized the finance industry by bringing transparency and efficiency to public markets.
About Canoe IntelligenceCanoe Intelligence (“Canoe”) is the data management and intelligence platform for smarter alts management.
Canoe redefines alternative investment intelligence with AI-driven software that directly addresses the core challenges of private markets.