Nasdaq, Inc. completed the acquisition of Dasseti, an artificial intelligence-powered platform that provides due diligence and ongoing monitoring capabilities across public and private markets. The purchase price and financial details were not made public. Dasseti will be incorporated into the Nasdaq eVestment platform, which currently serves asset managers, asset owners, and intermediaries across multiple countries.
Dasseti maintains coverage of approximately 17,000 asset managers and general partners representing $34 trillion in assets under management. Nasdaq eVestment already connects roughly 4,800 asset managers with more than 1,200 asset owners and intermediaries, covering more than 112,000 products in 109 countries and associated with more than $90 trillion in assets under management. The combined entity’s private-market coverage includes more than 16,000 managers and 95,000 funds accessible through various platforms and data providers.
The acquisition builds on an existing relationship between the companies. Nasdaq Ventures had invested in Dasseti in 2022, and Dasseti had previously integrated with Nasdaq eVestment Omni before the deal closed. The integration is expected to add workflow automation tools for due diligence questionnaires, requests for proposals, data extraction, and manager monitoring alongside existing data offerings. Nasdaq’s Workflow & Insights segment, which includes eVestment, generated $133 million in revenue during the second quarter of 2026, representing a 5% year-over-year increase.
The transaction carries execution risks, including the integration of data models, permissions, and client workflows. The private-market data sector remains fragmented and less standardized, which could limit automation quality. Nasdaq did not disclose Dasseti’s revenue, subscription growth, customer retention, margins, profitability, expected integration costs, revenue synergies, or earnings contribution. These omissions prevent calculation of the acquisition multiple or expected return on investment.
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