Bloomberg to Acquire Canoe Intelligence, Taking a Defining Step in Its Mission to Transform Private Markets Investing
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Transaction will accelerate end-to-end intelligence across public and private markets from pre-investment to portfolio oversight with AI-driven insights for investors NEW YORK, July 29, 2026 /PRNewswire/ -- Bloomberg 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. The acquisition is the latest step in Bloomberg's multi-year commitment to transform how institutional investors engage with private markets - accelerating its strategy to deliver unified data, analytics, and tools to power end-to-end workflows and better serve investors across public and private markets. Bloomberg has long provided leading public markets intelligence through the Terminal, and its broader suite of data, news, and enterprise solutions that the world's most sophisticated investors rely on every day. Bloomberg has been extending that same expertise into private markets, today delivering data on more than three million private companies, 50,000 private funds, and 16,000 private direct loans alongside analytics, news, research, and enterprise solutions. This includes a certified integration with Canoe launched earlier this year, which demonstrated the value of connecting permissioned private fund data directly to Bloomberg PORT...
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