Here's your summary from BlackRock Buys Data Provider Preqin for $3.2 Billion (https://www.youtube.com/watch?v=HCJH4Tk7v_0) on the Bloomberg Television channel:

**TLDR:** BlackRock acquires data provider Preqin for $3.2 billion to gain access to private capital data and dominate alternative assets.

1. BlackRock's acquisition of Preqin gives them access to data on 190,000 funds and 60,000 fund managers in the private capital space.

2. The deal allows BlackRock to educate consumers and financial advisors on alternative assets, as awareness in this area is lacking.

3. Major banks like JPMorgan and Morgan Stanley are increasing buybacks and dividends, with bank stocks performing well.

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