Bloomberg Completes Canoe Intelligence Acquisition, Advancing Strategy to Transform Private Markets Investing

As public and private markets converge, this acquisition accelerates Bloomberg's ability to serve investors across both markets, from pre-investment to portfolio oversight, with AI-driven insights

NEW YORK, Oct. 1, 2026 /PRNewswire/ -- Bloomberg today announced the completion of its acquisition of Canoe Intelligence ("Canoe"), a leading AI-powered data management and intelligence platform for automating private markets data collection and delivery. The successful transaction marks the next step in Bloomberg's strategy to transform how institutional investors engage with private markets — accelerating Bloomberg's ability to deliver unified data, analytics, and tools to power end-to-end workflows across public and private markets.

As private markets become a larger part of institutional portfolios, investors increasingly need to evaluate public and private opportunities together and understand how each contributes to portfolio outcomes. Canoe acts as a translation layer for unstructured private markets information, automating the collection and validation of data and delivering it in a structured, portfolio-ready format into downstream systems such as Bloomberg PORT Enterprise. Today, joint clients can immediately benefit from this existing integration, with permissioned and validated private fund data from Canoe flowing directly into PORT Enterprise to support a Total Portfolio View across public and private assets and streamline post-investment workflows.

Bloomberg and Canoe: The Future of Public & Private Investing

With Canoe now part of Bloomberg, clients will continue to receive the dedicated service they experience today, backed by increased investment in Canoe's technology platform. Combining Canoe's expertise in sourcing, structuring, and validating permissioned private fund data with Bloomberg's data management expertise, technology, and scale will expand value across the full investment lifecycle for both private and public markets, including:

• Advancing Canoe's Core Offering: Expanding Canoe's capabilities and global reach while investing in technology and data management to deliver more timely, accurate, and complete private markets data, giving investors greater clarity and confidence across their portfolios.
• Fully Integrated Total Portfolio View: Deeper, automated, and more timely post-investment workflow for exposure & risk analysis, cash management, and underlying holdings look-through, all underpinned by an integrated Investment Book of Record across public and private assets.
• Enhanced Pre-Investment Intelligence: Extending fund discovery, screening, benchmarking, and comparative analysis across private markets, helping investors move from identifying opportunities to deeper analysis.
• Converged Data Infrastructure: Broader fund coverage and more timely performance data normalized with consistent fund identifiers such as the Financial Instrument Global Identifier (FIGI), creating the foundational data architecture to support more seamless analysis and workflows across public and private markets.
• AI-Powered Intelligence: Bringing these capabilities together in a permissioned environment within ASKB, Bloomberg's agentic AI conversational interface, to help investors accelerate discovery, streamline analysis, and generate insights across public and private markets with greater speed and confidence.

Vlad Kliatchko, CEO of Bloomberg: "We're excited to welcome the Canoe team to Bloomberg. Our private markets capabilities have grown significantly in recent years, and the addition of Canoe's data, technology, and expertise meaningfully advances our efforts to become a leader in this space. Together, we can deliver a seamless investment experience across public and private markets, with connected data, end-to-end workflows, and AI tools that will help clients make smarter, faster decisions."

Jason Eiswerth, CEO of Canoe Intelligence, now part of Bloomberg: "Canoe was built to solve one of private markets' most persistent challenges: turning fragmented, complex data into information investors can actually use. As private markets have grown, that challenge has only become more important. Joining Bloomberg gives us the scale, technology and market expertise to build on what Canoe has created and deliver even more value to clients. We're excited to keep investing in our solutions while bringing private markets closer to the real-time, portfolio-level intelligence investors expect across the rest of their portfolios."

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

About Canoe Intelligence, a Bloomberg Company

Canoe Intelligence, a Bloomberg company ("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. Its technology empowers institutions, LPs, and wealth managers to future-proof their alts infrastructure, modernizing systems and providing a scalable foundation for long-term growth and compliance. By automating manual data processing with AI-native precision, Canoe helps clients reduce operational costs and risks, significantly lowering overhead and mitigating errors. Ultimately, Canoe's timely, accurate, and comprehensive data enables investment teams to drive superior investment outcomes through deeper insights and more profitable allocation strategies. With Canoe, it's all about making Alts, smarter. Learn more at www.canoeintelligence.com.

SOURCE Bloomberg L.P.